Listing Details

49 Caldwell Pl,Springfield Twp., NJ 07081-1713

  • January 5, 2026

Description

Investment opportunity! This unique property offers FIVE income-producing units all on one parcel, making it an ideal addition to any portfolio. The package includes four 1-bedroom apartments with a passing DCA inspection plus a detached single-family home, providing a versatile mix of rental options to attract a variety of tenants.The four apartments are well-proportioned, each with a comfortable living room, bedroom with a flex room (office/walk in closet), kitchen and bath. The single-family home offers flexibility, perfect for an owner-occupant, or long-term tenant. New flooring in some rooms and basement, updated electric. Together, the property can provide steady rental income with the added benefit of diversification across multiple units. Whether you’re looking to expand your portfolio or start with a strong investment, this property checks the boxes: multiple units, income potential, and long-term value. Located near shopping, dining, and commuter routes to NYC – Opportunities like this don’t come along often ” five units, one property, and endless potential. 4 units are occupied with long term tenants, now month to month and rent controlled. Home is NOT under rent control -Separate utilities for all – natural gas, 1 new apt furnace – some updated windows. Owner pays water/sewer for apts only. Selling as-is. Buyer to get town inspections. Flood insurance may be required.

Details

Last Updated On: January 5th, 2026 at 6:12 pm
Property ID:PT-23443397-AXZR
Offer Type:For Sale
Property Type:Apartment Complex
Price: 975,000 $
Year Built:1934

Additional Details

Listing Details

Status: Active

Location

County: Union
Lotsize: 71X141
Property Type: Apartment Complex
Available: Immediately
Lot Identifier: 4

Home Details

Location: Residential Area
Acreage: 0.23
Sale Includes: Building & Land
Construction: Brick/Block
Exterior Description: Aluminum,Brick
Roof Description: Asphalt Shingle
Number of Garage Spaces: 6
Number of Stories: 2
Number of Units: 5
Number of Lavatories: 6
Available SqFt: 4657
Building SqFt: 4657
Parking Desc: 1 Car Width, Additional Parking, Crushed Stone
Easement/Desc: Unknown
Basmnt/Desc: Yes - Bilco-Style Door, Full, Unfinished, Walkout
Tenant Pays: Cable T.V., Electric, Gas, Hot Water, Snow Removal
Owner Pays: Sewer, Trash Removal, Water
YB/Desc: 1934 - Approximate
Block Identifier: 706
County Number: 29
Town Number: 2917
Possession: POT

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: No Documents Available
Lease Info: Month-To-Month
Lease Includes: Taxes, Trash Removal, Water
Ownership: Fee Simple
Tax ID For Property: 2917-00706-0000-00004-0000-
Tax Amount: $21,344.00
Tax Year: 2024
Tax Rate: 2.375%
Tax Rate Year: 2025
Farm Assessment: No
Land Assessment: $200,300.00
Building Assessment: $698,400.00
Total Assessment: $898,700.00

Utilities

Equipment Available: Appliances, Smoke Detector
Heat Source: Gas-Natural
Heat System: 4+ Units
Cool System: No Cool
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural
Services: Cable TV Available, Garbage Included

Other

Zoning: S60

Statistics

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