Introducing a prime investment opportunity in Garwood, NJ! This beautifully maintained 4-unit multifamily home features four spacious 2-bedroom units, each with its own separate utilities. The property boasts many updates with two modernized kitchens, hardwood floors, and an expansive backyard perfect for outdoor enjoyment. Additional highlights include off-street parking, basement storage & laundry room for tenants, and a fantastic location near local amenities & NYC bus & trains. Whether you're an experienced investor or looking to start your portfolio, this property offers both comfort and potential for excellent returns. Don't miss out on this fantastic investment!
The median home value in Garwood, NJ is $709,250. This is higher than the county median home value of $498,700. The national median home value is $338,100. The average price of homes sold in Garwood, NJ is $709,250. Approximately 54% of Garwood homes are owned, compared to 45.45% rented, while 0.55% are vacant. Garwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Garwood real estate agent to arrange a tour today!
Garwood, New Jersey has a population of 4,425. Garwood is less family-centric than the surrounding county with 31.45% of the households containing married families with children. The county average for households married with children is 34.03%.
The median household income in Garwood, New Jersey is $92,981. The median household income for the surrounding county is $87,369 compared to the national median of $69,021. The median age of people living in Garwood is 41.4 years.
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 48.7 inches per year, with 23.9 inches of snow per year.