For Multi Family

51 Bernards Ave,Bernardsville Boro, NJ 07924-2460

March 14, 2026

Rare opportunity to own a high-demand 2-family residence in the heart of Bernardsville! Perfectly positioned within the town’s Transit Village, this property is just steps from the NJ Transit station and a vibrant downtown filled with premier shopping and dining. Each unit features a coveted 3-bedroom, 1.5-bathroom layout, providing the space and scale rarely found in local multi-family listings. Enjoy immediate cash flow with fantastic tenants already in place, while eyeing the significant value-add and appreciation potential this unique property offers. Don’t miss the chance to invest in the top-rated Somerset Hills School District with built-in equity growth!

Property ID:PT-31604658-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 599,999 $

Bedrooms:6

Year Built:1905

Listing Details

Status: Active

Location

County: Somerset

Lotsize: .114 ACRES

Lot Identifier: 6.01

Lot Description: Corner

Lot Identifier: 6.01

Home Details

Open Parking: 2

Basement: Yes

Basmnt/Desc: Yes - Unfinished

Acreage: 0.11

Total Baths: 2.20

Unit Style: 2-Two Story, Duplex-Side by Side

Number of Units: 2

Rooms: 10

Easement/Desc: No

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: by agreement

Unit 1 Appliances/Equipment: Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer

Unit 1 Levels: 2

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 1.1

Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water

Unit 1 Handicap: No

Unit 1 Room Description: Attic, Bedrooms, Kitchen, Living Room, Porch, Master Bedroom

Unit 2 Appliances/Equipment: Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer

Unit 2 Levels: 2

Unit 2 Rooms: 5

Unit 2 Beds: 3

Unit 2 Baths: 1.1

Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water

Unit 2 Handicap: No

Unit 2 Room Description: Attic, Bedrooms, Kitchen, Living Room, Porch, Master Bedroom

Block Identifier: 104

County Number: 27

Town Number: 2703

YB/Desc: 1905 - Approximate

Easement: No

Parking/Driveway Description: Off-Street Parking

Block Identifier: 104

County Number: 27

Town Number: 2703

Possession: by agreement

Utilities

Heat Source: Oil Tank Above Ground - Inside

Heat System: Radiators - Steam

Cool System: Wall A/C Unit(s)

Water: Public Water

Sewer: Public Sewer

Schools

Grade School: Bedwell

Middle School: BernardsvilleMS

High School: Bernards HS

Taxes, Fees & Assessments

Tax ID For Property: 2703-00104-0000-00006-0001-

Tax Amount: $8,971.00

Tax Year: 2025

Tax Rate: 1.898%

Tax Rate Year: 2025

Land Assessment: $156,000.00

Building Assessment: $347,200.00

Total Assessment: $503,200.00

FHA Age Restricted: No

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Listing Details

51 Bernards Ave,Bernardsville Boro, NJ 07924-2460

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