Listing Details

515 Richford Ter,Linden City, NJ 07036-1046

  • November 1, 2025

Description

Exceptional opportunity! For investors and owner-occupants alike. This spacious and versatile two-family home offers four full levels of finished living space across two large units. Fully gut-renovated in 1995 and lovingly maintained by the same owners, this property features separate mechanicals for each unit, including a newer gas boiler and a recently replaced water heater.Unit 1 (Previous Owner’s Unit) offers a large living room and dining area that can easily be converted to add an additional bedroom for higher rent potential. The unit includes an eat-in kitchen, two full bathrooms, and private access to the backyard and finished basement. The basement expands this living space with a second kitchen, full bath, and dry bar ideal for entertaining. The private owners unit backyard features a covered patio, tool sheds, and a grassy area anchored by a mature, fruiting fig tree.Unit 2 (Upper Unit) spans the second and third floors and will be delivered vacant. It offers a similar but larger layout with a living room, dining room, kitchen, three bedrooms, two full bathrooms, and a walk-in closet. The oversized third-floor bedroom with a full bathroom offers the potential to divide and create additional bedrooms, to maximize rental income.Located in a high-demand rental area, this home provides excellent income potential with simple cosmetic updates to kitchens and baths. A rare opportunity to own a large, flexible two-family property with significant upside!

Details

Last Updated On: November 1st, 2025 at 9:38 am
Property ID:PT-8036693-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 699,000 $
Bedrooms:4
Year Built:1947

Additional Details

Listing Details

Status: Active

Location

County: Union
Lotsize: 33.87X100
Lot Identifier: 9
Lot Description: Level Lot
Lot Identifier: 9

Home Details

Open Parking: 3
Basement: Yes
Renovated: 1995
Basmnt/Desc: Yes - Finished
Acreage: 0.10
Total Baths: 4.00
Unit Style: Under/Over
Number of Units: 2
Rooms: 14
Easement/Desc: Unknown
Exterior Description: Brick, Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: Nov. 31 2025
Unit 1 Appliances/Equipment: Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
Unit 1 Levels: 2
Unit 1 Rooms: 7
Unit 1 Beds: 1
Unit 1 Baths: 2.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 SqFt: 900
Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Rec Room
Unit 2 Appliances/Equipment: Dishwasher, Range/Oven - Gas, Refrigerator
Unit 2 Levels: 2
Unit 2 Rooms: 7
Unit 2 Beds: 3
Unit 2 Baths: 2.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 Lease Expire: 2025-11-30
Unit 2 SqFt: 1800
Unit 2 Room Description: Bedrooms, Living Room
Block Identifier: 2
County Number: 29
Town Number: 2909
YB/Desc: 1947 - Approximate
Easement: Unknown
Parking/Driveway Description: 1 Car Width, Blacktop
Block Identifier: 2
County Number: 29
Town Number: 2909
Possession: Nov. 31 2025

Utilities

Heat Source: Gas-Natural
Heat System: 2 Units, Baseboard - Hotwater
Cool System: Wall A/C Unit(s), Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 2909-00002-0000-00009-0000-
Tax Amount: $10,224.00
Tax Year: 2024
Tax Rate: 7.032%
Tax Rate Year: 2025
Land Assessment: $41,900.00
Building Assessment: $103,500.00
Total Assessment: $145,400.00
FHA Age Restricted: No

Features

  • Patio
  • See Remarks
  • Storage Shed

Statistics

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