08820 Real Estate Search

08820 Multi-Family Properties for Sale

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Newest 08820 Multi-Family Homes for Sale

$1,300,000
4 Beds 3 Baths 22627981 MLS
A rare opportunity in the heart of Red Bank, this beautifully updated and meticulously maintained two-family property offers remarkable versatility. The main residence features 3 bedrooms and 2 full baths, including a spacious primary suite with en-suite bath and walk-in closet. A separate second-floor residence offers 1 bedroom, a den, and full bath—ideal for guests, extended family, or potential income. The detached garage, complete with HVAC and running water, provides finished space for a studio, office, or gym. Separate utilities, 3 new HVAC systems, a private patio with fireplace, and ample off-street parking complete this distinctive offering near downtown Red Bank. Thoughtfully designed for today's lifestyle, this distinctive offering combines a spacious primary residence, private second-floor apartment, and detached studio/workspace. The main residence includes comfortable living and dining areas, an updated kitchen with a brand-new range, and convenient main-floor laundry. The second-floor apartment is currently operated as a successful short-term rental, providing options for guests, extended family, a dedicated home office, or potential additional income. Continued short-term rental use is subject to the new owner's required Red Bank Borough licensing and approvals. The detached garage adds another dimension of usability, with HVAC, running water, and versatile finished space suited to an art or creative studio, private office, home gym, or workspace. Each residential unit has completely separate electric, gas, and water utilities, allowing for independent utility management. All three HVAC zones feature brand-new systems, providing modern comfort and efficiency throughout. Outdoor living is equally inviting, with a private patio featuring a fireplace, low-maintenance landscaping, and a wide driveway offering ample off-street parking. With options for living, hosting, working, creating, and potential income generation, this beautifully maintained home is conveniently located near downtown Red Bank's restaurants, shopping, entertainment, and transportation.

65 Branch Avenue, Red Bank

Listing courtesy of Keller Williams Realty Spring Lake. Contact:

$650,000
2 Baths 2703446R MLS
Showing starts on 8/26/26. Exceptional opportunity to own a well-maintained two-family home in the heart of New Brunswick, offering the perfect blend of owner-occupancy and investment potential. Whether you're looking to live in one unit while generating rental income from the other or add a strong asset to your investment portfolio, this versatile property delivers outstanding value in one of Central New Jersey's most sought-after rental markets. The first-floor unit features 2 spacious bedrooms and 1 full bathroom, complemented by beautiful hardwood flooring throughout. A bright and inviting living room flows into a formal dining room, while the well-appointed kitchen comes complete with a refrigerator, gas range, dishwasher, washer, and dryer, providing everything needed for comfortable everyday living. The second-floor unit offers 3 generously sized bedrooms and 1 full bathroom, also showcasing hardwood flooring throughout. The spacious living room and dining area provide an inviting layout, while the kitchen is equipped with a refrigerator, gas range, dishwasher, washer, and dryer. Unique to this unit is a full finished attic, adding substantial additional living space. This versatile bonus level is ideal for additional bedrooms (buyer to verify permitted use), a home office, media room, fitness area, playroom, hobby space, guest quarters, or abundant storage, creating endless possibilities to suit your lifestyle. The full basement is accessible from the rear stairwell serving both units and provides ample storage space along with convenient access to utilities. Outside, the fully fenced backyard offers plenty of room for outdoor entertaining, gardening, pets, or simply relaxing. Perfectly positioned just minutes from Robert Wood Johnson University Hospital, Saint Peter's University Hospital, Rutgers University, and the vibrant downtown New Brunswick district, you'll enjoy easy access to acclaimed restaurants, entertainment, shopping, and cultural attractions. Commuters will appreciate being just moments from the New Brunswick Train Station, offering both NJ Transit and Amtrak service for convenient travel throughout New Jersey, New York City, Philadelphia, and beyond. Whether you're an investor seeking strong rental demand or a homeowner looking to offset your mortgage with rental income, 40 Throop Avenue presents an exceptional opportunity to own a versatile multi-family property in a prime New Brunswick location.

40 Throop Avenue, New Brunswick NJ 08901, 1213 - New Brunswick

Listing Courtesy Of RE/MAX CENTRAL, Contact:

Listing courtesy of RE/MAX CENTRAL. Contact:

$650,000
5 Beds 2 Baths 22626798 MLS
Exceptional opportunity to own a well-maintained two-family home in the heart of New Brunswick, offering the perfect blend of owner-occupancy and investment potential. Whether you're looking to live in one unit while generating rental income from the other or add a strong asset to your investment portfolio, this versatile property delivers outstanding value in one of Central New Jersey's most sought-after rental markets. The first-floor unit features 2 spacious bedrooms and 1 full bathroom, complemented by beautiful hardwood flooring throughout. A bright and inviting living room flows into a formal dining room, while the well-appointed kitchen comes complete with a refrigerator, gas range, dishwasher, washer, and dryer, providing everything needed for comfortable everyday living. The second-floor unit offers 3 generously sized bedrooms and 1 full bathroom, also showcasing hardwood flooring throughout. The spacious living room and dining area provide an inviting layout, while the kitchen is equipped with a refrigerator, gas range, dishwasher, washer, and dryer. Exclusive to this unit is a finished walk-up attic, adding substantial additional living space. This versatile bonus level is ideal for additional bedrooms (buyer to verify permitted use), a home office, media room, fitness area, playroom, hobby space, guest quarters, or abundant storage, creating endless possibilities to suit your lifestyle. The full basement is accessible from the rear stairwell serving both units and provides ample storage space along with convenient access to utilities. Outside, the fully fenced backyard offers plenty of room for outdoor entertaining, gardening, pets, or simply relaxing. Perfectly positioned just minutes from Robert Wood Johnson University Hospital, Saint Peter's University Hospital, Rutgers University, and the vibrant downtown New Brunswick district, you'll enjoy easy access to acclaimed restaurants, entertainment, shopping, and cultural attractions. Commuters will appreciate being just moments from the New Brunswick Train Station, offering both NJ Transit and Amtrak service for convenient travel throughout New Jersey, New York City, Philadelphia, and beyond. Whether you're an investor seeking strong rental demand or a homeowner looking to offset your mortgage with rental income, 40 Throop Avenue presents an exceptional opportunity to own a versatile multi-family property in a prime New Brunswick location.

40 Throop Avenue, New Brunswick

Listing courtesy of RE/MAX Central. Contact:

$599,999
5 Beds 3 Baths 4048986 MLS
Savvy investors and first-time buyers take note 220 Inslee Pl in Elizabeth City, NJ is the kind of multifamily opportunity that checks every box. Spanning nearly 20,000 square feet, this 5 bedroom, 3 bathroom multi-family property sits on a compact 0.06-acre footprint and delivers serious income-generating potential from day one.The layout is purpose-built for the house-hacker or portfolio builder occupy one unit while the rental income from the others helps offset your mortgage, building equity without stretching your budget. Separate utilities keep expenses clean and landlord responsibilities straightforward, a detail that experienced investors know to look for. A gas water heater rounds out the mechanical profile, keeping operating costs manageable.Location adds another layer of appeal situated close to major highways and transit options, the property draws from a broad pool of prospective tenants who value connectivity and convenience. The income potential positions this as a genuine wealth-building opportunity rather than just a place to live. Hardwood floors beneath the existing surfaces hint at the character waiting to be uncovered, and the private outdoor space provides a welcome retreat.Whether you are building your first rental portfolio or looking for an owner-occupied solution that helps offset your housing costs, 220 Inslee Pl presents a compelling opportunity.

220 Inslee Pl, Elizabeth City

Listing Courtesy Of SERHANT NEW JERSEY LLC, Contact: 201-704-7048

$899,999
10 Beds 6 Baths 4048584 MLS
The perfect rooming house does exist and this exceptional investment property is proof. Offering strong, consistent cash flow and an impressive level of maintenance and upgrades, this property is a true turnkey opportunity for investors looking to add a high-performing asset to their portfolio. Meticulously maintained and thoughtfully improved by the current owner, the property features 8 rooming units, 6 bathrooms, a large finished basement, parking, central A/C, forced hot-air heating, and much more. Every detail has been cared for, creating a property that not only performs financially but also stands out in quality and presentation. The owner occupies first floor principal unit counts with 2 bedrooms, which has been beautifully upgraded with a modern kitchen, renovated bathroom, and tasteful finishes throughout, offering comfortable and stylish living space while adding even more value to the property.Location is another major advantage. Situated conveniently near major highways, Newark Airport, shopping centers, and public transportation, the property offers easy access to everything helping support strong rental demand and year-round occupancy. Whether you're an experienced investor looking to expand your portfolio or searching for a proven income-producing property, this is an opportunity that deserves your attention. Don?t miss your opportunity to own this exceptional income producing asset. Schedule showing today this could be your next great investment.

334 1St Ave, Elizabeth City

Listing Courtesy Of KELLER WILLIAMS CITY VIEWS REALTY, Contact: 201-606-3302

$775,000
3 Baths 2703264R MLS
Prime Rutgers Location! Exceptional opportunity to own a well-maintained two-family home located just seconds from Rutgers University's Douglass and Cook campuses. This spacious property offers an excellent investment opportunity with two separate apartments, separate utilities, and strong rental potential. The first-floor apartment features 4 bedrooms, a living room, kitchen, and full bath, with legal occupancy for 5 persons. It is currently rented for $2,465 per month, as per rent control. The second-floor apartment offers 4 bedrooms, a living room, kitchen, 2 full baths, and a private balcony, and is currently rented for $2,720 per month, as per rent control. The property features separate electric and gas meters and two separate steam radiator heating systems, with one furnace approximately one year old. There is one shared water heater, approximately three years old. The full, expansive basement provides an abundance of additional space and includes two separate storage rooms, plus a bathroom with a sink and shower. A brand-new washer and dryer are also located in the basement. The home also features a full, enormous unfinished attic, offering tremendous storage space and potential for future use, subject to applicable approvals. A slate roof adds durability and classic character to the property. Additional features include a one-car attached garage and convenient proximity to Rutgers University, making this an ideal location for rental housing or an income-producing investment. Please note: the refrigerator in the first-floor apartment belongs to the tenants. A rare opportunity to own a large two-family property in one of New Brunswick's most desirable locations, just moments from Rutgers' Douglass and Cook campuses. Note: Buyer is responsible for The CCO & Smoke Certs From the City of New Brunswick. This sale is subject to existing tenancies!!

32 Suydam Street, New Brunswick NJ 08901, 1213 - New Brunswick

Listing Courtesy Of C-21 BARROOD REALTORS, Contact:

Listing courtesy of C-21 BARROOD REALTORS. Contact:

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