Under Contract Multi-Family MLS# 4041907

505 Washington Ave

Linden City, NJ 07036

$830,000

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About 505 Washington Ave

Excellent opportunity to own this spacious two family property in the heart of Linden, ideal for investors seeking strong cash flow or owner occupants looking to offset their mortgage with rental income while enjoying convenient access to New York City. Each unit features 3 bedrooms and 1.5 baths, offering generous living space and tremendous upside. The unfinished attic additional potential, while the detached two-car garage, exclusive driveway with parking for 4+ vehicles, and private backyard create exceptional value and functionality. The property is being sold strictly AS IS and is in need of repairs and updates. The large unfinished basement has an updated elecrical panel and water tanks but has some plumbing leaks. Seller will not provide any credits, repairs, price reductions, or concessions. Conveniently located near major highways, public transportation, Newark Liberty International Airport, schools, shopping centers, parks, and houses of worship.. Buyer is responsible for obtaining all municipal inspections, certifications, and certificates of occupancy required to close. This property presents an outstanding value-add opportunity in one of Union County's most desirable rental markets.

Property details

Property

Type
multi
Year built
1928
Lot
0.1 ac
List date
Jul 20, 2026

Schools

District
Linden City School District

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Listed by RE/MAX FIRST REALTY II

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.