$689,000

228 Willow Ave Garwood, NJ 07027

Estimated payment $4,641/month

Total Views 3,124
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Well-maintained two-family home located just blocks from downtown Garwood and in close proximity to the train station, offering a compelling opportunity for investors or those seeking an income-producing property. Both units are currently rented, providing immediate and consistent cash flow. Each unit offers 2 bedrooms and 1 full bathroom with hardwood floors throughout and practical, well-maintained layouts. The first-floor unit is larger and features exclusive access to a private deck, currently leased at $2,525/month through 6/30/2027. The second-floor unit includes a bright living and dining area and is leased at $1,500/month through 5/31/2027. Additional features include a shared basement with washer and dryer, recreation space, and a full bathroom, offering added flexibility. A detached two-car garage with loft storage and access to a shared backyard further enhances the propertyâ€TMs overall functionality. Situated on two lots (228 & 224 Willow Avenue) totaling approximately 80 x 100, the property offers added value not commonly found in similar multi-family homes. Located near Garwoodâ€TMs downtown restaurants, shops, and everyday conveniences, with easy access to NJ Transit for commuting. Some photos are virtually staged. Additional photos reflect the property prior to tenant occupancy.

Listing Agent

Robert Galvan

Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 05/19/2026

Prominent Properties Sotheby's International Realty-Ridgewood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,946

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • Lot Dimensions are 80x100

Listing and Financial Details

  • Legal Lot and Block 15 / 502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,946

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-639-5555
  • MLS Status: Active - Active
  • Directions: South Ave to Oak St to Willow Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Remarks: Full, Partially Finished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: 80x100

Tax Info

  • Tax Annual Amount: 10946.0
  • Tax Block: 502
  • Tax Lot: 15

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,523 $341,700 $162,000 $179,700
2024 $9,240 $341,700 $162,000 $179,700
2023 $9,240 $341,700 $162,000 $179,700
2022 $8,994 $341,700 $162,000 $179,700
2021 $8,741 $341,700 $162,000 $179,700
2020 $8,601 $341,700 $162,000 $179,700
2019 $11,204 $110,700 $40,100 $70,600
2018 $10,965 $110,700 $40,100 $70,600
2017 $10,699 $110,700 $40,100 $70,600
2016 $10,424 $110,700 $40,100 $70,600
2015 $10,290 $110,700 $40,100 $70,600
2014 $9,921 $110,700 $40,100 $70,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2026 05/19/26 For Sale $689,000 +132.0% --
05/25/2012 05/25/12 Sold $297,000 -- -- View Prior Sale
Source: New Jersey MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $297,000 None Available
Interfamily Deed Transfer $20,000 Chicago Title Insurance Co
Deed $185,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $117,000 New Conventional
Previous Owner $166,400 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Robert Galvan

Prominent Properties Sotheby's International Realty-Ridgewood

(908) 388-9681

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Robert Galvan is a successful Broker Associate providing five-star service to North Jersey and beyond. Over the years, he has passionately provided his clients with an in-depth knowledge of the local real estate market, and continuously remains up-to-date and informed with all aspects of the residential industry. This dedication is supported through his various achievements such as the New Jersey Circle of Excellence award, Bergen Magazine Home Issue 2022 Top Agents mention, and earning his

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Source: New Jersey MLS

MLS Number: 26017894

New Jersey MLS

APN: 06-00502-0000-00015

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