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Renovated Two-Family Home
For Lease
$4,600/Mo

2089 Galloping Hill Rd 1, Kenilworth, NJ 07083

Renovated in 2020 with new roof, HVAC, plumbing, electrical, and three electric meters for utility management.

Space SizeContact for details
Days on Market52

Property Features for 2089 Galloping Hill Rd 1

General Information

Standard status Active
Property subtype Multi Family
Lease Term 12 months

Additional Details

Multifamily Units 2

Building Details

Year Built 1960
Year Renovated 2020
Tenancy Multi
Listing Agency: BHGRE ELITE
Listed By: JAZMINE CLAUSEN-SOIR · License #1750907
Source: Elliman
Added: Jul 8 Changed: Aug 26 Last Checked: Aug 26 at 12:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHGRE ELITE

Investment Insights

Based on property information with market context.

This renovated two-family home offers flexible living space, with the first-floor unit complemented by a finished basement. The building underwent a full renovation in 2020, including a new roof and updated HVAC, plumbing, and electrical systems.

Located in Union’s Washington section, the property includes three separate electric meters, supporting more efficient utility management. A configuration like this can be well-suited for tenants looking for additional usable space within the same building layout.

Overall, the property combines a refreshed interior and major system replacements with a multi-meter setup designed to help manage utilities more directly.

Key Highlights

  • Fully renovated two‑family home with updates completed in 2020, including new roof, HVAC, plumbing, and electrical systems
  • First‑floor unit plus finished basement adds extra living space and flexibility
  • Three separate electric meters for efficient utility management

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Auto Parts Store Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

956
Businesses Nearby

Demographics for 07083, NJ

56,131
Population
20,792
Households
2.7
Avg Household Size
41
Median Age
41%
College-Educated
89%
High-School Grad
8.7 sq mi
ZIP Area
6,452
Density / Sq Mi
$118,106
Median Household Income
$58,443
Median Earnings
$1,938
Median Rent
$425,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated in 2020 with new roof, HVAC, plumbing, electrical, and three electric meters for utility management.
Where is this duplex located?
The property is located at 2089 Galloping Hill Rd 1 Kenilworth, NJ.
What is the lease rate?
The lease rate is $4,600/Mo.
What are key features of this property?
This property features: Fully renovated two‑family home with updates completed in 2020, including new roof, HVAC, plumbing, and electrical systems; First‑floor unit plus finished basement adds extra living space and flexibility; Three separate electric meters for efficient utility management
More about this property
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