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Duplex with Renovated First-Floor Unit
New
For Sale
$599,900
Pending

2 Glen Ave, Budd Lake, NJ 07828

Legal two-family property with updated finishes, flexible lower-level space, and substantial off-street parking.

Property SizeContact for details
Days on Market2

Property Features for 2 Glen Ave

General Information

Standard status Pending
Property subtype Multi Family

Units

Unit Mix 3BR, 2BR
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $10,664

Building Details

Year Built 1950
Units 2
Listed By: SHARON K. CARUSO · License #9808184
Source: Elliman
Added: Sep 9 Last Checked: Sep 9 at 4:17PM

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 SHARON K. CARUSO

Investment Insights

Based on property information with market context.

This legal two-family property includes a three-bedroom first-floor residence that has been renovated with a new kitchen, updated bathroom, and hardwood flooring. Its finished walkout lower level adds a recreation room, storage room, additional bathroom, and partial kitchen. The second-floor apartment provides two bedrooms, an eat-in kitchen and dining area, a living room, walk-in closets, a pantry, hardwood floors, and fresh paint. Appliances in the second-floor unit are offered in as-is condition.

The property occupies a level lot with a park-like setting, outdoor space, and ample off-street parking. Additional physical features include city sewer, gas heat, and well water. Built in 1950, the duplex offers two residential units with varied interior layouts and lower-level utility.

Key Highlights

  • Legal 2‑family property with 3‑bedroom and 2‑bedroom units
  • First‑floor unit renovated with new kitchen, updated bath, and hardwood floors
  • Finished walkout lower level includes recreation room, storage, bath, and partial kitchen

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Spa & Massage Center Parking Lot & Garage Skin Care Clinic Big Box & Wholesale Store Kitchen & Bath Showroom

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

Demographics for 07828, NJ

14,473
Population
5,970
Households
2.4
Avg Household Size
39
Median Age
44%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
1,019
Density / Sq Mi
$96,989
Median Household Income
$57,074
Median Earnings
$1,483
Median Rent
$433,200
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
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family property with updated finishes, flexible lower-level space, and substantial off-street parking.
Where is this duplex located?
The property is located at 2 Glen Ave Budd Lake, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Legal 2‑family property with 3‑bedroom and 2‑bedroom units; First‑floor unit renovated with new kitchen, updated bath, and hardwood floors; Finished walkout lower level includes recreation room, storage, bath, and partial kitchen
More about this property
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