49-51 Caldwell Pl # 5 Springfield, NJ $ 975,000
49-51 Caldwell Pl # 5
$ 975,000
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49-51 Caldwell Pl # 5

Springfield, NJ, 07081
$ 975,000
Bedrooms8 Baths6.0

Monthly Estimate*

$ 6,003

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Multi-Family Home for sale in Springfield, NJ

for $975,000 with 8 bedrooms and 6 full baths. This home was built in 1934 on a lot size of 0.23.

MULTIPLE OFFERS - DEADLINE FOR OFFERS IS TUESDAY 1/13 AT NOON Now is your chance! Rare investment opportunity! This unique property offers FIVE income-producing units all on one parcel, making it an ideal addition to any portfolio. The package includes four 1-bedroom apartments with a passing DCA inspection PLUS a detached single-family home, providing a versatile mix of rental options to attract a variety of tenants.The four apartments are well-proportioned, each with a comfortable living room, bedroom with a flex room - office/walk in closet, kitchen and bath. The single-family home offers additional flexibility " perfect for an owner-occupant, or long-term tenant. . Situated on a single parcel, management is streamlined with one location to maintain. Whether you're looking to expand your portfolio or start with a strong investment, this property checks the boxes: multiple units, income potential, and long-term value. Located near shopping, dining, tenants will enjoy easy access to everyday needs while you benefit from consistent demand. 5 units, one property, and endless potential. 4 units are occupied - month to month, no leases, rent controlled. Home is not under rent control - needs tlc but has great potential. Separated utilities - natural gas, updated windows. Owner pays water/sewer.AS-IS buyer to obtain town inspections. Info is to best of owners knowledge. Also listed under commercial

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Multi-Family Active

Price

$ 975,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 21,344

Style

Lot Size

0.23

Year Built

1934

Town/City

Springfield

County/Region

Union

MLS | Web ID

4003454

Features
General
Sewer Public Sewer
Heating 4+ Units
Cooling None
Utilities Gas-Natural
Possession POT
Roof Asphalt Shingle
Water Heater Gas
Zoning S60
Garage Spaces 2
Architectural Style See Remarks
Year Built 1934
Garage Detached Garage
Township Springfield Twp.
Unit Number 5
Tax Year 2024
Gross Income 94560
County Union
Net Operating Income 65774
Operating Expense 28786
Total Rooms 22
Full Baths 6
Status Active
Directions Rt 78 East to Exit 49A (Rt 124 West). Right onto Rt 124 (Morris Ave). Left onto Caldwell Place
High School Dayton
Open Parking Spaces 6
Number Of Units Total 4
Elementary School J.Caldwell
Tax Annual Amount 21344
Home Warranty Y/N No
Drive Common
Standard Status Active
Tax Assessed Value 898700
Town # 2917
Tax Lot 4
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Interior
Basement Unfinished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 2 Baths Total 1.0
Unit 2 Beds Total 1
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Unit 4 Baths Total 1.0
Unit 4 Beds Total 1
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Exterior Amenities Deck
Water Source Public Water
Exterior Description Aluminum Siding Brick
Lot Dimensions 71X141
Lot Size Acres 0.23
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* Excluded Features
List By
Linda Oswald

Listing Agent

Weichert Realtors

Broker

Clinton

Office

Affordability Calculator

$7,782
Per Month
77%
23%
0%
Monthly Principal & Interest
$6,003
Monthly Property Taxes
$1,779
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
291144 Elementary School
4263625 Middle School
Dayton High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$975,000 Listed Price

Map


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49-51 Caldwell Pl # 5, Springfield, NJ, 07081 is a Multi-Family Home for sale at $975,000 with a lot size of 0.23. 49-51 Caldwell Pl # 5 has 8 bedrooms, 6.0 baths, and was built in 1934. The property's zip code is 07081 which is in Springfield, NJ