505 Washington Ave, Linden, NJ, 07036
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.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1928
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas,Refrigerator,See Remarks
Basement
- Has basement: Yes
- Basement: Yes,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2.2
- Full bathrooms: 2
- 1/2 bathrooms: 2
Features
- Bedrooms,Dining Room,Kitchen,Living Room,See Remarks,Living/Dining Room
- Flooring: Tile,Wood
Heating
- Heating features: 2 Units,Natural Gas
Interior Area
- Total structure area: 19,998
- Total interior livable area: 19,998 sqft
Property
Details
- Parcel number: 2909002100000000060000
- Zoning description: R2
- Exclusions: Occupier Possessions
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 4,356 sqft
- Features: Level
- Lot size dimensions: 33.21 x 100
Parking
- Total spaces: 4
- Parking features: 1 Car Width,Asphalt,Detached Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,196 | $50,352 |
| Home Insurance * | $211 | $2,532 |
| Property Taxes | $1,404 | $16,848 |
| Electricity | $2,204 | $26,453 |
| Total | $8,015 | $96,180 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-20 | Listed for sale | $830,000 |
| 2021-03-06 | Listing removed | -- |
| 2020-11-07 | Listed for sale | -- |
| 2020-10-02 | Listing removed | -- |
| 2018-05-27 | Listed for sale | -- |
| 2018-04-16 | Pending sale | -- |
| 2018-01-12 | Listed for sale | -- |
| 2007-10-30 | Sold | $399,900 |
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