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Two-Home Multifamily Property
New
For Sale
$680,000

47-49 Furnace Avenue, Wanaque, NJ 07465

Separate living layouts are complemented by a three-car garage with storage and workspace.

Property SizeContact for details
Lot Size1.40 Acres
Days on Market4

Property Features for 47-49 Furnace Avenue

General Information

Standard status Active
Total Parking Spaces 3
Lot size 1.40 Acres
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Amenities

covered porch
wood-burning stove
gas fireplace
cathedral ceiling
sunroom
deck
central air
laundry

Building Details

Year Built 1940
Buildings 2
Listing Agency: Better Homes & Gardens Real Estate Green Team
Listed By: Judith Longo · License #1003110
Source: Pickpina
Added: Oct 16 Last Checked: Oct 16 at 5:40AM

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 Better Homes & Gardens Real Estate Green Team

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Investment Insights

Based on property information with market context.

Two homes occupy a 1.4-acre property, offering distinct layouts and a range of living arrangements. The front residence, built in 1890, has a covered porch, living room with a wood-burning stove, separate dining area, eat-in kitchen, full bath, laundry room, two upstairs bedrooms, unfinished basement, and attic storage. The second home, built in 1947, features an eat-in kitchen, dining room, oversized family room with a gas fireplace and cathedral ceiling, sunroom, deck, bedroom, full bath, and pull-down attic. Central air serves the second home, which may be reconfigured for a second bedroom. A three-car garage provides additional storage and workspace, with a laundry area at the rear.

The property is near 287, shopping, restaurants, parks, and hiking. An NYC express bus is nearby, and an NYC bus stop is around the corner. Roof replacements include the second home's roof in 2023 and sections of the front home's roof within the past two and ten years. The second home's furnace and hot water heater were replaced in 2022.

Key Highlights

  • Two homes on 1.4 acres
  • Front home built in 1890; second home built in 1947
  • Three‑car garage with storage, workspace, and rear laundry area

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

Demographics for 07465, NJ

6,350
Population
2,594
Households
2.4
Avg Household Size
49
Median Age
46%
College-Educated
95%
High-School Grad
8.4 sq mi
ZIP Area
756
Density / Sq Mi
$113,673
Median Household Income
$53,333
Median Earnings
$2,008
Median Rent
$381,900
Median Home Value

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?
Multifamily property - Separate living layouts are complemented by a three-car garage with storage and workspace.
Where is this multifamily property located?
The property is located at 47-49 Furnace Avenue Wanaque, NJ.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Two homes on 1.4 acres; Front home built in 1890; second home built in 1947; Three‑car garage with storage, workspace, and rear laundry area
More about this property
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