Matawan Real Estate Search

Matawan Multi-Family Properties for Sale

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Newest Matawan Multi-Family Homes for Sale

$699,000
3 Beds 2 Baths 4051033 MLS
Pride of ownership shines throughout this well-maintained 2 unit home, ideally situated in a convenient Cranford location. Upon entry, the inside foyer provides easy access to both units. The 1st floor unit is offered vacant and features 2 bedrooms and 1 full bath, with a comfortable open-concept layout connecting the living room, dining area, and kitchen creating a bright & inviting space for everyday living and entertaining. The first floor also offers direct access to a large basement, providing exceptional additional space for storage, laundry, workshop use, and more. Outside, a large driveway leads to an awesome 2-car garage, with an expansive yard and patio beyond creating a private, peaceful setting to relax and enjoy the outdoors.The 2nd floor apartment offers 1 bedroom & 1 full bath and is currently rented, providing immediate rental income. Both apartments feature separate utilities, baseboard heating, window A/C units, and dedicated laundry hookups, with washer and dryer included for each unit. Whether you're looking for a great TURNKEY investment or an opportunity to live in one unit while generating rental income from the other, this versatile 2 unit home offers tremendous potential in a highly sought after setting.Enjoy convenient access to parks, great schools, NYC-direct bus service & NJ Transit train access just one block away, the picturesque Droescher's Mill & Cranford's vibrant downtown, with its restaurants, shopping, and community amenities.

314 Lincoln Ave E, Cranford Twp.

$629,000
8 Beds 3 Baths 4050881 MLS
Exceptional opportunity to own a spacious two-family home offering strong investment potential or the perfect owner-occupied setup. Enter through the large open front porch into this well-maintained property featuring two generously sized apartments. The first-floor unit is vacant and ready for immediate occupancy. It offers three bedrooms plus a versatile fourth room that can serve as a den, home office, or guest room. Recently updated oversized eat-in kitchen provides plenty of space for cooking and gathering, while the full bath features a tub/shower combination. A separate front staircase leads to the second apartment, which occupies both the second and third floors. This impressive residence offers five bedrooms, two full baths, a comfortable living room, and a recently renovated oversized kitchen with a spacious dining area ideal for larger households. The second-floor unit is currently tenant occupied, providing immediate rental income .Features include a full unfinished basement, rear staircase, 2 separate heating systems,2 hot water heaters, separate gas and electric meters, and separate utilities for each apartment. One of the property's standout features is the exceptionally large rear yard, offering endless possibilities for outdoor enjoyment, gardening. Conveniently located just a few blocks from shopping, and public transportation, Whether you're an investor seeking strong rental potential or a homeowner looking to offset your mortgage with rental income

173 Clinton St, South Bound Brook Boro

$650,000
3 Beds 4 Baths 4048956 MLS
Welcome to the iconic Painted Lady Victorian in the heart of historic Belvidere! Built in 1888 and beautifully renovated, this distinctive three-unit property offers 4,238 square feet of space, presenting a unique opportunity for investors or owner-occupants. The property is currently operated as a short-term rental property through Airbnb, providing an established income-producing use, while conversion to traditional long-term rentals may offer an opportunity to enhance occupancy consistency and potentially improve net operating income, subject to applicable regulations, lease terms and operating expenses. The property features two spacious residential apartments, each offering its own private living space, along with a versatile first-floor space with a private entrance that may offer additional residential or commercial/retail possibilities. Historic Victorian character is complemented by modern improvements, including updated plumbing, electrical and natural gas systems, while high ceilings and distinctive architectural details preserve the charm of this classic Painted Lady. Conveniently located in the heart of Belvidere with access to Routes 31, 46 and I-80, 16 Greenwich Street offers a rare combination of historic character, flexible space, existing short-term rental use and potential for multiple income strategies. Buyer to perform due diligence regarding zoning, permitted uses, short- and long-term rental requirements and projected income.

16 Greenwich St, Belvidere Twp.

$1,249,000
7 Beds 5 Baths 4048849 MLS
completely gutted and beautifully renovated in 2026, this exceptional Montclair two-family offers the rare combination of modern finishes, generous living space, and outstanding flexibility for Owner-occupants or investment, along with excellent rental income potential. offering 7 bedrooms and 5 full bathrooms across two spacious residences plus a fully finished walkout basement, the home features all-new walls, hardwood flooring, recessed lighting, electrical and plumbing, along with brand-new individual central heating and A/C systems. The 1st floor residence features a bright open-concept living and dining area and a beautiful chef?s kitchen with an oversized eat-in island, custom cabinetry, and new appliances. 3 bedrooms include a private primary suite with en-suite bath, plus in-unit laundry. The 2nd residence offers an equally spacious living and dining area, eat-in kitchen, 4 light-filled bedrooms including another primary suite, 2 full bathrooms, and its own laundry. The finished walkout basement with full bathroom and laundry hookup provides additional flexible space ideal for a recreation room, office, or guest area. 2-car garage and driveway for up to 4 additional vehicles provide exceptional convenience. Ideally positioned near Glenfield Park, restaurants, shopping, entertainment, and the Bay St train station with direct access to NYC, this beautifully renovated property delivers space, versatility, and location in one impressive package.

35 Wheeler St, Montclair Twp.

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