-271 Central Avenue, Edison, NJ 08817
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
Office: your town realty, llc.
MLS#:2607177R
Source:NJ_MCMLS
Price summary
- Price:$1,199,000
- Price per sq. ft.:$355.58
About this home
Prime Edison Property - Approved for Two Luxury Single-Family Homes or Live & Rent Opportunity Exceptional opportunity to own a board and zoning - approved minor subdivision in Edison's sought after neighborhood - offering flexibility, income, and future profit. This property includes an existing multi-family home plus approval to build two new luxury single-family homes, making it ideal for builders, investors, owner-occupants, or multi-generational buyers. Property Highlights Approved to build two new luxury single-family homes, see below for details Existing multi-family includes: o Unit 1: 5 BR/3 BA, half basement, & driveway, rented at $3,200/month (lease through 3/31/26, option for extension as needed) o Unit 2: 2 BR/1 BA, full basement, & 2-car garage, currently owner-occupied or rentable at $2,200/month Live in one unit and collect rent from the other, or start immediate construction on two new homes New Construction Vision & Approved Blueprints Each approved single-family home is designed for modern luxury living (~2,800-2,900 sq ft) and projected to sell for $1.0M - $1.2M. Key design highlights include: 1. 5 BR / 3 BA plus dual family rooms, including coffered design, for large family gathering or entertainment 2. Soaring 9' ceiling on 1st floor, 8' ceiling on 2nd floor with 10' tray ceiling for master coupled with a walk-out balcony 3. Spa-inspired master suite with freestanding tub and his & her WIC 4. Gourmet quartz kitchen with walk-in pantry and stainless-steel appliances 5. Hardwood or porcelain floors with Andersen / Pella windows 6. Energy-efficient two-zone HVAC, high R-value insulation, and smart layout 7. Superior exterior structure using 2x6 framing Together, both homes could yield $2M+ in finished value, instantly positioning this property as a high-upside investment. Prime Edison Location Minutes to Edison train station (direct to NYC), top-rated schools, major shopping, and quick access to Route 1, Parkway, Rt 287, and NJ Turnpike. High-demand neighborhood with strong resale and rental markets. This turnkey development offers a fully approved minor subdivision for two new luxury single-family homes, along with an existing income-producing multi-family residence. The value reflects over a year of professional work and approval completed - including planning board fees, legal and engineering costs, environmental testing, zoning compliance, architected blueprints, and finalized deeds. All information deemed reliable but not guaranteed. Buyer to perform their own due diligence regarding minor subdivision details, construction, potential resale values, etc. Any price estimates for future construction are illustrative only and not a guarantee of market value or profit. Property sold as-is with no representation or warranty of future performance, subject to local zoning, building, and planning regulations.
Contact an agent
Home facts
- Year built:1922
- Listing ID #:2607177R
- Added:97 day(s) ago
- Updated:February 13, 2026 at 04:01 PM
Rooms and interior
- Total bathrooms:4
- Living area:3,372 sq. ft.
Heating and cooling
- Heating:Baseboard Electric
Structure and exterior
- Year built:1922
- Building area:3,372 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,000
- Price per sq. ft.:$355.58
- Tax amount:$11,876
New listings near -271 Central Avenue
- Open Sun, 12 to 2pmNew
$599,900Active2 beds 1 baths1,217 sq. ft.-15 Hearthstone Drive, Edison, NJ 08820
MLS# 2610831RListed by: KELLER WILLIAMS WEST MONMOUTH - New
$450,000Active3 beds 2 baths1,598 sq. ft.-24 Magee Road, Edison, NJ 08817
MLS# 2610829RListed by: RE/MAX COMPETITIVE EDGE - New
$639,900Active3 beds 3 baths-10 Elizabeth Court, Edison, NJ 08817
MLS# 2610719RListed by: RE/MAX WELCOME HOME - Coming Soon
$799,900Coming Soon3 beds 3 baths-37 Giggleswick Way, Edison, NJ 08820
MLS# 2661261MListed by: FOX & FOXX REALTY, LLC - New
$1,695,000Active5 beds 5 baths2,224 sq. ft.-1123 New Dover Road, Edison, NJ 08820
MLS# 2610621RListed by: GRAND CASTLE REALTY - New
$1,689,900Active5 beds 5 baths4,000 sq. ft.-1125 New Dover Road, Edison, NJ 08820
MLS# 2610600RListed by: GRAND CASTLE REALTY - Open Sun, 1 to 4pm
$600,000Active3 beds 3 baths-85 Inverness Drive, Edison, NJ 08820
MLS# 2610179RListed by: ON TRACK REALTY - New
$1,949,900Active5 beds 6 baths5,000 sq. ft.-27 Mason Drive, Edison, NJ 08820
MLS# 2610577RListed by: GRAND CASTLE REALTY - Open Sun, 1 to 3pmNew
$470,000Active2 beds 2 baths1,200 sq. ft.-303 Maplecrest Road, Edison, NJ 08820
MLS# 2661244MListed by: RE/MAX IN STYLE - Open Sun, 1 to 3pmNew
$470,000Active2 beds 2 baths1,200 sq. ft.303 Maplecrest Rd, Edison Twp., NJ 08820
MLS# 4008441Listed by: RE/MAX INSTYLE