505 Washington Ave Linden, NJ 07036
Linden AreaEstimated payment $5,367/month
Highlights
- Wood Flooring
- 2 Car Detached Garage
- Level Lot
About This Home
Excellent opportunity to own this spacious two family property in the heart of Linden, ideal for investors seeking strong cash flow or owner occupants looking to offset their mortgage with rental income while enjoying convenient access to New York City. Each unit features 3 bedrooms and 1.5 baths, offering generous living space and tremendous upside. The unfinished attic additional potential, while the detached two-car garage, exclusive driveway with parking for 4+ vehicles, and private backyard create exceptional value and functionality. The property is being sold strictly AS IS and is in need of repairs and updates. The large unfinished basement has an updated elecrical panel and water tanks but has some plumbing leaks. Seller will not provide any credits, repairs, price reductions, or concessions. Conveniently located near major highways, public transportation, Newark Liberty International Airport, schools, shopping centers, parks, and houses of worship.. Buyer is responsible for obtaining all municipal inspections, certifications, and certificates of occupancy required to close. This property presents an outstanding value-add opportunity in one of Union County's most desirable rental markets.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,546
Year Built
- Built in 1928
Lot Details
- 33 Sq Ft Lot
- Level Lot
Parking
- 2 Car Detached Garage
Home Design
- Asphalt Shingled Roof
- Vinyl Siding
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Multiple Heating Units
- Underground Utilities
Additional Features
- Unfinished Basement
Community Details
- Net Operating Income $9,989
Listing and Financial Details
- Assessor Parcel Number 2909-00210-0000-00006-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 |
|---|---|---|---|---|
| 2026 | $11,546 | $157,200 | $43,500 | $113,700 |
| 2025 | $11,546 | $157,200 | $43,500 | $113,700 |
| 2024 | $10,812 | $157,200 | $43,500 | $113,700 |
| 2023 | $10,812 | $157,200 | $43,500 | $113,700 |
| 2022 | $10,869 | $157,200 | $43,500 | $113,700 |
| 2021 | $10,924 | $157,200 | $43,500 | $113,700 |
| 2020 | $10,866 | $157,200 | $43,500 | $113,700 |
| 2019 | $10,830 | $157,200 | $43,500 | $113,700 |
| 2018 | $10,826 | $157,200 | $43,500 | $113,700 |
| 2017 | $10,592 | $157,200 | $43,500 | $113,700 |
| 2016 | $10,259 | $157,200 | $43,500 | $113,700 |
| 2015 | $9,867 | $157,200 | $43,500 | $113,700 |
| 2014 | $9,676 | $157,200 | $43,500 | $113,700 |
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 |
|---|---|---|---|
| Bargain Sale Deed | $399,900 | First American Title Ins Co |
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 |
|---|---|---|---|
| Open | $393,721 | Purchase Money Mortgage |
Source: Garden State MLS
MLS Number: 4041907
APN: 09-00210-0000-00006
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