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    282 South St New Providence, NJ 07974

    For Sale
    $1,345,000

    3-Three Story, Multi-Family - New Providence Boro, NJ

    Lot size:
    0.78 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 282 South St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen, Living Room, Master Bedroom
    Bedrooms
    6
    Bathrooms
    8
    Parking
    4
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Oven - Gas, Range, Refrigerator, Washer
    Lot size
    0.78 Acres

    Utilities

    Heating system
    Fireplace(s)
    Cooling system
    Multi Units

    Building Details

    Year built
    2007
    Number of units
    2
    Building materials
    Brick, Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Keller Williams Realty Village Square (201) 445-4300 [email protected]

    Listing agent ISHITA DALAL (201) 445-4300

    Listing date Nov 3, 2025

    MLS# 3995957 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multi-Family Home, Prime Location

    This two-family home, located in New Providence Boro, NJ, presents an opportunity for investors and owner-occupants. The property was renovated in 2025 with a new roof, new hot water heater, and new drains. Each unit, approximately 2,500 sq. ft., features an open-concept layout with hardwood floors, recessed lighting, and a fireplace. The living and dining areas connect to the eat-in kitchen, which opens to a backyard suitable for entertaining. Each unit includes 3 bedrooms, 2 full bathrooms, and 2 half baths, plus a finished basement equipped with a washer and dryer, a furnace, and a water heater. Additional features include attached garages and private driveways. The property is situated on nearly an acre of land. The location offers proximity to schools, daycare/preschool, ball fields, tennis courts, the New Providence Community Pool, a hotel, supermarkets, restaurants, and other amenities. Commuting is facilitated by nearby access to the Murray Hill train station and Route 78. The property is tenant-occupied and generates rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Providence
    County
    Union
    State
    New Jersey
    Longitude
    -74.40155
    Latitude
    40.69731

    Nearby Similar for Sale

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    • $590,000

      Turnkey Restaurant & Bar Opportunity

      Fully equipped restaurant and bar connected to 80-suite hotel.
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    • $999,000

      Renovated Two-Family Home

      Two-family home renovated in 2025 with modern design.
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    FAQs

    What type of property is this?
    Duplex - Two-family home in New Providence Boro, renovated in 2025.
    Where is this duplex located?
    The property is located at 282 South St New Providence, NJ.
    What is the asking price?
    The asking price for this property is $1,345,000.
    What are key features of this property?
    This property features: - Located in the top-rated New Providence school district.; - Strong rental income potential with a rent roll of $8,000-$9,000 per month.; - Recently renovated in 2025 with a new roof, new hot water heater, and new drains.
    (201) 445-4300
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    282 South St New Providence, NJ 07974
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    282 South St New Providence, NJ 07974
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