Two-Family Home for Sale in Garwood NJ | 228 Willow Avenue
4 Bedrooms | 3 Full Baths | Basement Rec Space | 2-Car Garage | Close Proximity to Train
Located just blocks from downtown Garwood and in close proximity to the train station, this well-maintained two-family home offers an exceptional combination of convenience, stability, and long-term value in one of Union County’s most accessible communities. With easy access to NYC commuting, the property presents a compelling opportunity for investors seeking a fully income-producing asset.
Both units are currently rented, generating a combined monthly income of $4,025. The first-floor unit, which is larger and features exclusive access to a private deck, is leased at $2,525/month through 6/30/2027, while the second-floor unit offers 2 bedrooms, 1 full bathroom, and a bright living and dining area, currently leased at $1,500/month through 5/31/2027. Each unit features hardwood floors throughout and well-maintained, functional layouts that support long-term tenancy.
The home extends beyond the typical two-family with additional usable space, including a shared basement with washer and dryer, a recreation room, and a full bathroom—offering flexibility for a variety of uses. A detached two-car garage with loft storage further enhances the property’s overall functionality, along with access to a shared backyard.
Situated on two lots (228 & 224 Willow Avenue) totaling approximately 80 x 100, the property offers added value and a footprint not commonly found in similar multi-family offerings.
Garwood continues to attract buyers seeking convenience and accessibility, with a vibrant downtown offering restaurants, shops, and everyday amenities, along with direct access to NJ Transit for commuting.
Offered at $689,000, this is a rare opportunity to acquire a well-maintained, income-producing property in a location that supports consistent rental demand and long-term value.Some photos are virtually staged. Additional photos reflect the property prior to tenant occupancy.