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Millstone Multi-Family Properties for Sale

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Newest Millstone Multi-Family Homes for Sale

$599,999
4 Beds ⋅ 3 Baths ⋅ 4036210 MLS
Great investment opportunity in the heart of Historic Rocky Hill! This charming side-by-side duplex is fully tenant occupied, providing immediate rental income.Nestled in one of Somerset County's most picturesque villages, this property offers timeless character and small-town charm. Love canoeing, kayaking, fishing, or biking? Look no further! The beautiful Delaware & Raritan Canal and towpath are minutes away, offering endless outdoor recreation and scenic views.Enjoy the quaint atmosphere of Rocky Hill with nearby restaurants, coffee shops, and wineries, all while being just minutes from Princeton. A rare opportunity to own an income-producing property in a truly special location!

194 Washington St, Rocky Hill Boro
$729,000
4 Beds ⋅ 2 Baths ⋅ 4035958 MLS
Well-maintained multi-family home featuring spacious and flexible living arrangements. The second floor offers 4 generously sized bedrooms, a bright living room, and formal dining room. The first floor includes an eat-in kitchen, comfortable living room, and an additional office/dining area with access to a lovely outdoor porch. Enjoy a private backyard perfect for entertaining or relaxing, along with a driveway that accommodates 2-3 cars. Conveniently located near major highways, public transportation, and shopping centers for easy commuting and everyday convenience. SOLD AS IS

72 Minerva Ave, Hawthorne Boro
$1,399,000
7 Beds ⋅ 5.2 Baths ⋅ 4035882 MLS
Possibility with town approval of zoning change for Professional use oversized lot 95x276

822 Pompton Ave, Cedar Grove Twp.
$625,000
6 Beds ⋅ 2 Baths ⋅ 4035723 MLS
Here's a fantastic opportunity for an owner-occupied investment property or extended living. With seasonal lake views, this home sits down a quiet and peaceful country lane, yet minutes away from shopping, schools, parks, Greenwood Lake, and a bus into NYC. This top/bottom two family features two fully renovated three bedroom one bath units, central air and private decks. Septic is less than 4 years old. Turnkey two family homes are rare in this market, and this one is priced to sell!

54 Tintle Ave, West Milford Twp.
$874,900
5 Beds ⋅ 4 Baths ⋅ 4035708 MLS
Exceptional and rare investment opportunity in the heart of Prospect Park! This income-producing 4-family property features a desirable unit mix of two 2-bedroom units, one 1-bedroom unit, and one studio apartment, offering diversified rental income and broad tenant appeal. Property highlights include separate utilities and a detached garage. The current rent roll is approximately $6,500 per month. One 2-bedroom unit is currently vacant, providing immediate leasing potential at market rent. An additional 2-bedroom unit is rented on a month-to-month basis, the 1-bedroom unit is leased at market value, and the studio is currently rented below market value, offering future income growth opportunities. Investors have the potential to increase cash flow through future rent adjustments and strategic management. Whether you're expanding an existing portfolio or seeking a stable multi-family asset with upside potential, this property presents an excellent opportunity in a strong rental market. Conveniently located near shopping, dining, parks, schools, and major transportation routes, with easy access to surrounding towns and commuter options.The entire property has not been photographed and must be seen to be fully appreciated. Security deposit information will be disclosed. All square footage figures are approximate and should not be relied upon as exact measurements.

139 Fairview Ave, Prospect Park Boro
$819,000
4 Beds ⋅ 2 Baths ⋅ 4035522 MLS
A truly unique opportunity to own a multi-property income-producing package in the highly desirable town of Sterling. This offering includes a two-family home, a guest house, and an additional lot being sold together, providing exceptional flexibility for investors or owner-occupants. The main unit features 3 bedrooms, 1 full bathroom, a bonus room great for a home office or playroom. an eat-in kitchen, and spacious living room. The second unit has a private entrance & offers 1 bedroom, 1 full bathroom, a kitchen, a comfortable living area & a washer & dryer in the unit. Set on an expansive park-like property, the grounds provide privacy, open space, and room to enjoy the outdoors. Sterling residents benefit from convenient commuting options via Route 140, I 190, and Route 2. Nearby shopping, dining, recreation, and outdoor attractions add to the appeal of this exceptional property. Whether you're seeking rental income or a live-in investment opportunity, properties offering this combination of versatility, land, and future potential are rarely available. Act quickly, opportunities like this do not come along often

63 Poplar Dr, Long Hill Twp.
$949,000
6 Beds ⋅ 3 Baths ⋅ 4034754 MLS
LEGAL THREE FAMILY HOME . Updated property with separate utilities in excellent condition. New additions include three new furnaces, three new electric meters and updated electricity, roof, paint, floors and siding. remodeled kitchens and 3 beds apartment was totally done in 2023. RENTS UNDER MARKET VALUE. ALL MONTH TO MONTH RENTS

105 Berry St, Dover Town
$670,000
4 Beds ⋅ 2 Baths ⋅ 4034239 MLS
**Historic Charm Meets Modern Convenience in Downtown Somerville**Rare opportunity to own a charming two-unit home in the heart of Somerville, offering historic character, strong income potential, dedicated parking, and low-maintenance ownership just moments from vibrant downtown.This multifamily property blends timeless craftsmanship with thoughtful updates. The first-floor unit features a spacious 1-bedroom, 1-bath layout with a living room, formal dining room, and kitchen. Currently occupied by long-term tenants paying $2,000/month, this unit also offers potential to be reconfigured into a 2-bedroom layout for added future value.The recently renovated second-floor unit offers 2 bedrooms, 1 full bath, and a versatile bonus room ideal for an office, flex, workout space, or storage. Highlights include restored original hardwood floors, fresh paint, updated lighting, and preserved historic charm. Prior to renovations, rent was $2,450/month.Each unit has two entrances, creating added privacy. Enjoy the wraparound porch with low-maintenance composite deck, a large dry basement with laundry hookups, and ample storage.Located near NJ Transit with direct NYC service and close to Somerville's restaurants, shops, cafes, and entertainment. Each unit includes two dedicated off-street parking spaces, and a long-standing shared parking arrangement provides lawn care, snow removal, parking lot repairs, and lot maintenance, saving the owner an estimated $5,000 annually. BOM-buyer FTP.

185 W Cliff St, Somerville Boro
$929,000
6 Beds ⋅ 3 Baths ⋅ 4034192 MLS
Welcome to this well-maintained two-family home located in the highly desirable Galloping Hill Road section of Union. This versatile property offers an excellent opportunity for both homeowners and investors alike. Each unit features 3 bedrooms, a bright living room, a formal dining room, and a well-appointed kitchen, providing comfortable living spaces for today's lifestyle. The finished basement adds valuable additional space, perfect for recreation, storage, a home office, or extended living needs. Step outside to enjoy the private, fenced-in backyard, ideal for entertaining, gardening, or simply relaxing outdoors. Conveniently located just minutes from major transportation routes, including the Garden State Parkway and Route 22, this property offers easy access to shopping, dining, schools, parks, and public transportation, making commuting throughout New Jersey and to New York City a breeze. Don't miss this exceptional opportunity to own a multi-family property in one of Union's most sought-after neighborhoods!

2097 Galloping Hill Rd, Union Twp.
$500,000
4 Beds ⋅ 2 Baths ⋅ 4032903 MLS
Charming home located in Union's Morrison Park neighborhood! This home offers generous living space, classic character, and a private backyard perfect for entertaining. Conveniently situated near schools, shopping, restaurants, parks, major highways, and NYC transportation. A wonderful opportunity to own a home in a prime location with endless potential. Also accepting cash offers. Must be willing to purchase sight unseen.

2142 Stecher Ave, Union Twp.
$669,900
3 Beds ⋅ 2 Baths ⋅ 4032283 MLS
Great Investment opportunity in this well maintained 2 family with detached 2.5 car garage located in one of Raritan's best neighborhoods! Or live in one side and keep the other side rented to help offset your mortgage... Completely renovated (2022) second floor (unit 2). All renovations done with approved town permits. Lead safe certificates in place. Big level fenced-in backyard with screened-in patio, open air patio, nice landscaping, and relaxing sunset views. Unit 1 on the first floor features a large living room, spacious eat-in kitchen with lots of cabinets and counter top space, two bedrooms, beautiful hardwood floors, full bath, large finished basement with separate laundry/utility room, enclosed side porch with entry to the driveway and yards, and private off-street driveway parking. Unit 2 features a beautiful new kitchen with stone counter tops, stainless steel appliances, and recessed lighting, gorgeous new full bath, living room, spacious bedroom with ceiling fan and brand new closet, new stylish laminate flooring, fresh paint, window AC units and private off-street driveway parking. Commuter's delight - close to Raritan Train Station with NYC service, Park and Ride Bus Service, & major highways. Only a few minute walk to downtown Raritan's shops and restaurants, and recreational opportunities at nearby Duke Island Park. A five minute drive to popular downtown Somerville's dining, shopping and events, and the Bridgewater Commons Mall. More pictures coming soon

11 Meehan Ave, Raritan Boro
$535,000
4 Beds ⋅ 2 Baths ⋅ 4031877 MLS
Welcome to this beautifully two-family home in the heart of Perth Amboy. Each identical unit features 3 spacious bedrooms, 1 full bath, living room, eat-in kitchen, and in-unit laundry. Perfect for owner-occupants or investors looking for strong rental potential. Solar panels are leased and transferable to the new owner. Conveniently located near major highways, public transportation, shopping, schools, and parks. A great opportunity to own a move-in ready multi-family property.

409 Ogden Pl, Perth Amboy City
$900,000
6 Beds ⋅ 3 Baths ⋅ 4031812 MLS
Meticulously maintained two-family home offering identical, well-designed layouts on each floor. Featuring 3 spacious bedrooms and 1 full bath. Both units showcase a formal dining room, generous living room, hardwood flooring throughout, and oversized windows that fill the home with natural light. Updated kitchens are appointed with stainless steel appliances and quartz countertops. The finished walkout basement provides exceptional additional living space with a summer kitchenette and full bath, ideal for extended living, recreation, or entertaining. Step outside to a large, fully fenced-in backyard with a patio, creating a private outdoor retreat perfect for gatherings, dining, and relaxation.Ideally located just 5 minutes from Nutley's vibrant downtown, offering shops, restaurants, parks, and schools. Commuting is seamless with nearby transportation options including a NJ Transit Bus #74 connecting to Delawanna Train Station (NYC-bound) and Branch Brook Park Station (Newark Light Rail). Quick access to major highways including Route 3, Route 21, and the Garden State Parkway.

9 Memphis Ave, Nutley Twp.
$640,000
6 Beds ⋅ 4 Baths ⋅ 4030489 MLS
332-334 Water St---Brick Exterior 4 Unit Multi Family Income Property in the heart of Belvidere---Two 2 BR Apartments and Two 1 BR Apartments, all have 1 BA---Remodeled in the last 8 years---Parking for 4 cars---Recent roof replacement---Tenants pay for all utilities except water/sewer and garbage---7.5% CAP---Room to raise rents---Strong cash flow combined with an easy to manage investment will make a great addition to any portfolio.

332 Water St, Belvidere Twp.
$510,000
5 Beds ⋅ 3 Baths ⋅ 4030232 MLS
Back on Market! Completely Remodeled 8% Cap in Belvidere---Turn key 3 Unit Multi Family Income Property in the town center---Two 2 BR Apartments and One 1 BR Apartment, all have 1 BA---Recently remodeled inside and out including full new roof---Tenants pay for all utilities except water/sewer and garbage---Great in town corner location, very walkable for tenants---Ideal for investors looking for an easy to maintain investment with a strong cash flow.

302 Front St, Belvidere Twp.
$999,999
7 Beds ⋅ 4.1 Baths ⋅ 4030164 MLS
LOW TAXES!!! LEGAL 4 FAMILY located in the heart of South Amboy directly across from the train station and bus stop, this exceptional four-family investment property offers unbeatable convenience especially for commuters. With the NYC ferry also located in town, transportation options are endless. Situated on one of the town's central streets, residents enjoy being just minutes from local restaurants, shopping, schools, parks, houses of worship, and list goes on, on Broadway. This property consists of four units, including two 3-bedroom apartments, one 1-bedroom unit, and one studio apartment. Three of the four units have been recently updated, making this a fantastic opportunity for both investors and owner-occupants seeking strong rental potential in a highly desirable location. On-street parking is always accessible, free of charge. Come book your appointment and add this one to your portfolio.

120 S Broadway, South Amboy City
$849,999
5 Beds ⋅ 3.1 Baths ⋅ 4029603 MLS

102 Lincoln St, Montclair Twp.
$749,900
6 Beds ⋅ 3.1 Baths ⋅ 4026904 MLS
Welcome to this beautifully renovated 2-family home in the heart of Dover, NJ, a rare find for the savvy investor or owner-occupant looking to offset their mortgage and build long term wealth. With market rents at $3,800/month per unit, this property delivers an impressive 10% cap rate. Live in one unit and let your tenant cover the bulk of your mortgage, dramatically reducing your cost of living while your investment appreciates. The owner-occupied unit was taken down to the studs with new insulation, sheetrock, plumbing, luxury vinyl plank flooring, recessed lighting, and new light fixtures throughout. Soaring 9-foot ceilings, two beautifully renovated bathrooms, and a finished attic serving as a 4th bedroom and recreation room add serious square footage and flexibility for any lifestyle. The second unit mirrors the first, featuring luxury vinyl plank floors, 9-foot ceilings, fresh paint, and updated finishes throughout, move-in ready and highly rentable from day one. Both units have fully separate utilities and mechanicals, keeping operating costs cleanly divided between tenants. Steps from Dover's vibrant downtown, shops, restaurants, major highways, and the NJ Transit direct train to NYC, this is an easy sell to commuter tenants and a lifestyle win for owner-occupants. Classic Victorian charm, bay windows, covered porches, and a detached 2-car garage complete this exceptional package. Properties at this cap rate don't last.

82 Pequannock St, Dover Town
$450,000
2 Beds ⋅ 1.1 Baths ⋅ 4024307 MLS
Located in the heart of Pittstown, this distinctive mixed-use property offers a rare blend of character, functionality, and income potential.Currently configured as a fitness studio with a second-floor two apartment, both occupied and producing income. The property features strong infrastructure including separate entrances, two electric meters, two oil tanks allowing for flexibility and ease of management.Recent improvements include newer siding, windows, furnaces, gutters, and a resealed roof, providing peace of mind and long-term efficiency.The first floor offers an open studio space ideal for a variety of business uses, while the upper level legally a 2-bedroom apartment provides additional income. Currently occupied, the fitness studio rent is $2000/m, while the apartment brings in $1900/m generating a yearly gross income of $46,800.Additional features include off-street parking, a carport, and a basement with Bilco doors for storage and accessibility. This property can be sold as a package with 269 Quakertown Rd. MLS#4024292. Reach out today for appointments and questions

271 Quakertown Rd, Franklin Twp.
$849,900
5 Beds ⋅ 3 Baths ⋅ 4018268 MLS
Welcome to this well-maintained two-family home nestled on a quiet dead-end street in the highly desirable town of Montclair. This property offers a fantastic opportunity for both investors and owner-occupants alike.Each unit provides comfortable living space, while recent updates including new furnaces and a new water heater offer added peace of mind and efficiency. The home also features a detached two-car garage, providing ample parking and storage.Conveniently located just minutes from public transportation, this property is ideal for commuters. Enjoy easy access to Montclair's vibrant shopping districts, dining, and local restaurants, all while coming home to a peaceful, low-traffic setting.Don't miss your chance to own a versatile, income-producing property in one of Essex County's most sought-after communities.

29 Warman St, Montclair Twp.
$1,100,000
6 Beds ⋅ 3 Baths ⋅ 4015100 MLS
Turnkey Investment Opportunity - Fully Renovated Three-Family (2025-2026). Modern Luxury Meets Historic Charm - Elevated Urban Living in this meticulously renovated three-story building, where every detail is reimagined. One apartment per floor, each with its own electrical meter, new energy-efficient windows, upgraded insulation, tiled entrances, ironwood hallway flooring (2nd floor), recessed lighting in common areas, decorative wainscoting, craftsman-style interior doors, alternate rear entrance/exit, and exterior security cameras. Cambridge paving stone front yard and rear courtyard, two parking spaces, front porch, and a 2nd-story balcony. Each unit has efficient baseboard heat, mini-split A/C, a tankless hot water heater and ceiling fans. Kitchens include new shaker cabinetry and stainless steel appliances, including a dishwasher. A modern bathroom with a porcelain shower, quartz vanity, and a large medicine cabinet. Each unit has its own laundry area with washer/dryer, No detail overlooked. A superb investment you won't want to miss

633 Lafayette Ave, Hawthorne Boro
$724,950
4 Beds ⋅ 2 Baths ⋅ 4014516 MLS
Rare opportunity to own a fully updated two-family home in desirable Verona. Each unit features two bedrooms, one bathroom, a spacious living room, and eat-in kitchen. Separate utilities with gas heating provide convenience for both owner-occupants and investors. Property includes a deck, unfinished basement offering additional storage or potential use, and a private yard.Both units are vacant, providing flexibility for immediate occupancy or market-rate rental income. Located near parks, shopping, restaurants, and transportation with easy access to Montclair and NYC commuting options. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.

56 Pine Street, Verona Twp.
$995,000
3 Beds ⋅ 2.1 Baths ⋅ 4012857 MLS
This exceptional mixed-use investment is located in the heart of Montclair and offers modern renovations, reliable income, and strong long-term rental potential. This corner property combines street level retail with two beautifully updated residential units (renovated 2025!) above, all in a highly desirable location.The ground floor features an income-producing retail space with less than five years remaining on its lease and strong upside potential, ensuring steady cash flow from day one and built in future rent growth. Above are two fully renovated apartments, each featuring hardwood floors, oversized windows, stackable washer/dryers, private decks, and dedicated parking.The second-floor apartment offers 2 bedrooms and 1 bath across almost 1,000 sq ft, with an open layout and a sun-drenched, modern kitchen. The third-floor 1 bedroom 1-bath unit spans close to 900 sq ft and includes an oversized kitchen and updated bath. Both units are stylish and offer modern amenities such as contemporary kitchens and baths, private outdoor spaces, and split ac/heating systems.With a quality tenants in place and low maintenance turn key spaces, this property presents an ideal opportunity for investors seeking stability, appreciation, and immediate income in one of Montclair's most sought-after locations.

167 Harrison Ave, Montclair Twp.
$1,250,000
3 Beds ⋅ 2 Baths ⋅ 4003979 MLS
Grand Victorian Farmhouse on huge lot with parking for 15 cars and 2 finished studios structures fully insulated with separate utilities This unique property has major potential, a legal two-family home or convert to a single family and have one of the studios converted into an Accessory Dwelling Unit. This amazing property has several options for the developer to maximize the property value. This charming home is in need of repairs and selling AS IS no repairs by seller. Bring your contractor and your imagination to this incredible opportunity to make this Grand Victorian as it once was or a new version with multiple opportunities for expansion. Seller is a licensed realtor.

69 N Fullerton Ave, Montclair Twp.
$1,325,000
6 Beds ⋅ 4 Baths ⋅ 4003954 MLS
A rare Montclair multi-family opportunity offering timeless architecture, strong income, and a location that's second to none. This fully leased four-unit Colonial delivers approximately a 5.8% cap rate with consistent, low-maintenance income and includes two spacious 2-bedroom apartments, one 1-bedroom, and a studio. Updated systems furnace, electric panels, and water heater along with underground oil tank removal provide peace of mind, while a detached 4-car garage and additional parking for 4"6 vehicles offer added convenience and income potential. Ideally situated between two NYC-direct train stations and just steps from Montclair's vibrant downtown restaurants, boutiques, caf s, and the Wellmont Theater, this is a compelling opportunity for the savvy investor or owner seeking long-term stability in one of New Jersey's most desirable rental markets.

76 Grove St, Montclair Twp.
$349,000
5 Beds ⋅ 3 Baths ⋅ 3887453 MLS
A very unusual opportunity to own a a piece of history in the historic village of Finesville. This structure was built approximately 1880. The village sits along the Musconetcong River dotted with historic homes. From the mid 1700's, the settlement, then called Chelsea Forge was a busy hub consisting of a forge, grist mill. knife factory and other small businesses. Now a sleepy residential village and named after the Fine's who changed the name in the 1800's. Recreation on the Delaware River with a public boat ramp is a short drive away. A lovely area for walking and biking, plus the stocked river is a fisherman's dream. Enjoy entertainment at nearby wineries, river towns offering great restaurants and eclectic shopping will not disappoint you. The 3 story brick structure is waiting for a new lease on life. 1 rented unit consists of a living room, eat-in kitchen and laundry/mudroom on 1st floor,1 bedroom and full bath on the 2nd floor. This unit has oil heat. The other unrented space has living room, kitchen and laundry /mudroom on 1st floor, 2 bedrooms, den, full bath on the 2nd floor. This unit has oil heat. The 3rd floor loft space offers many options with full attic. A full basement is entered from outside. Spacious backyard. On street parking and 3 car off street spaces. Bring your vision Air B&B, live there and rent out, unlimited possibilities! 90 min to NYC Philly, minutes to rt 78 and shopping for all you needs is an easy ride..

191 Mount Joy Rd, Pohatcong Twp.
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