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Duplex With Detached Garage
For Sale
$739,000
Pending

16 2nd Ave, Garwood, NJ 07027

Each residence includes a private outdoor porch or balcony, with laundry and storage space in the shared basement.

Property Size19,998 SF
Days on Market22

Property Features for 16 2nd Ave

General Information

Standard status Pending
Size 19,998 SF
Property subtype Multi Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $11,406

Amenities

open-air porch
balcony
backyard
shared unfinished basement
laundry
storage
walk-up attic

Building Details

Building Size 19,998 SF
Year Built 1925
Buildings 1
Listing Agency: Compass RE
Listed By: The Dougherty Group
Source: Thedoughertygrouprealestate
Added: Oct 14 Changed: Nov 2 Last Checked: Nov 3 at 8:51AM

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 Compass RE

Rey
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Investment Insights

Based on property information with market context.

This two-unit duplex has matching layouts, each with two bedrooms, one full bathroom, living and dining rooms, and a kitchen fitted with granite countertops and stainless steel appliances. Bathrooms have been updated. Each residence also has an open-air porch or balcony. The unfinished basement is shared and provides laundry and storage space; a walk-up attic is used for storage.

The property includes a detached two-car garage with a separate bay for each unit, off-street parking, and a backyard. It sits between the Garwood and Cranford train stations.

Key Highlights

  • Two units, each with 2 bedrooms and 1 full bathroom
  • Granite countertops and stainless steel appliances in both kitchens
  • Detached 2‑car garage with one separate bay per unit

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,473
Businesses Nearby

Demographics for 07027, NJ

4,454
Population
2,093
Households
2.1
Avg Household Size
43
Median Age
44%
College-Educated
96%
High-School Grad
0.7 sq mi
ZIP Area
6,363
Density / Sq Mi
$100,948
Median Household Income
$71,328
Median Earnings
$1,603
Median Rent
$509,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes a private outdoor porch or balcony, with laundry and storage space in the shared basement.
Where is this duplex located?
The property is located at 16 2nd Ave Garwood, NJ.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; Granite countertops and stainless steel appliances in both kitchens; Detached 2‑car garage with one separate bay per unit
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