715 Main Street, Caldwell, NJ 07006

Caldwell
Local realty services provided by:ERA Queen City Realty
715 Main Street,Caldwell, NJ 07006
$1,150,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tarek hassieb
Office: prominent properties sotheby's international realty-hoboken
MLS#:26008991
Source:NJ_MLS

Price summary

  • Price:$1,150,000

About this home

715 Main St, North Caldwell, NJ presents a rare, high-upside development opportunity in one of Essex County’s most sought-after suburban markets. Situated on a 50' × 100' lot with 5 on-site parking spaces, this property is approved for conversion into a 5-unit residential building, with two newly framed two-bedroom units created from the former commercial space in addition to the three existing apartments. The buyer will complete the project and secure final permits, opening the door to exceptional investment versatility: finish as a turnkey rental asset in a market where comparable housing rents average around $4,200/month, or pursue a profitable condo conversion supported by North Caldwell’s strong demand, limited supply, and premium home values. Based on current rental trends, achievable ranges include 1BR: $1,800–$2,400, 2BR: $3,000–$3,500, and 3BR: $2,800–$3,800, creating a compelling income profile once stabilized. With its strategic location, top-rated school...

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Home facts

  • Listing ID #:26008991
  • Added:92 day(s) ago
  • Updated:March 20, 2026 at 10:40 AM

Finances and disclosures

  • Price:$1,150,000
  • Tax amount:$13,209
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than ERA Queen City Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: March 20, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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