282 South St
New Providence, NJ, 07974 $ 1,345,000
Bedrooms6 Baths4.4 Monthly Estimate*
$ 8,391
for $1,345,000 with 6 bedrooms and 4 full baths, 4 half baths. This home was built in 2007 on a lot size of 0.78.
Welcome all investors! An opportunity to own a rare two-family home in TOP school district -sought-after New Providence, renovated in 2025 with a new roof, new hot water heater, new drains, and strong rental income. Currently tenant-occupied with a rent roll of $8,000"$9,000 per month, this property is perfect for both investors and owner-occupants seeking income while living in a prime location. Each unit is approximately 2,500 sq. ft. and features an open-concept layout with gleaming hardwood floors, recessed lighting, and a classic fireplace. The spacious living and dining areas flow seamlessly into the eat-in kitchen, opening to a massive, level backyard ideal for entertaining or relaxing. Each unit includes 3 bedrooms, 2 full bathrooms, and 2 half baths, PLUS a finished basement equipped with a NEW washer and dryer, NEW furnace, and in NEW water heater. Additional- attached garages, private driveways, and nearly an acre of land offering & outdoor space. LOCATION is so convenient near Middle & High Schools, daycare/preschool, ball fields, tennis courts, New Providence Community Pool, hotel, supermarkets, restaurants, fast & take-out food, cleaners, jewelers, etc. You name it - it is nearby! Even commuting is easy as near Murray Hill train station and access to Rt 78. Buyer responsible to confirm elementary school via Board of Education.
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FeaturesGeneralSewer Public Available
Heating 4+ Units
Cooling 4+ Units
Utilities All Underground
Possession right away
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 4
Architectural Style 3-Three Story
Year Built 2007
Garage Built-In Garage Finished Garage Garage Parking
Township New Providence Boro
Tax Year 2024
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Total Rooms 14
Full Baths 4
Status Active
Directions PARK ON LEFT SIDE UNIT DRIVEWAY
Open Parking Spaces 4
Number Of Units Total 2
Tax Annual Amount 26295
Drive 2 Car Width Additional Parking
Standard Status Active
Tax Assessed Value 509400
Town # 2911
Tax Lot 12
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InteriorBasement Finished French Drain Slab
Unit 1 Baths Total 2.2
Unit 1 Beds Total 3
Unit 2 Baths Total 2.2
Unit 2 Beds Total 3
Fuel Type Gas-Natural None
Half Baths 4
Total Bedrooms 6
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ExteriorLot Features Level Lot
Water Source Public Water
Exterior Description Brick Vinyl Siding
Lot Dimensions .777 AC
Lot Size Acres 0.78
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* Excluded FeaturesList ByISHITA DALALListing Agent
Keller Williams Village SquareBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,391
- Monthly Property Taxes
- $2,191
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in New Providence, NJ
Average List Price $1,047,967
Percent of Sale Price 22%
About New Providence, NJ 13,115 Population
9% Since 2002
$ 135,202 Median Income
43.41 Median Age
42% Households with Children
Trends Information provided by ATTOM Data Solutions.
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/3/2025 | $1,345,000 | | Listed Price |