271 Central Ave

$1,199,000
Price
Beds
4
Baths
3,372 Sq. Ft.
$356 / Sq. Ft.
3,372
Sq. Ft.
$356
per Sq. Ft.

Description

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...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.

Property Details for 271 Central Avenue

Zoning
RB
Year Built
1922
Subdivision Name
Shelton
LISTING UPDATED: 12/02/2025 09:40 AM

Property Details for 271 Central Avenue

StatusActive
MLS #2607177R
Days on Market38
Taxes$11,876 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 2 Family
Year Built1922
Lot Size0.15 AC / 6,564 SF
CountyMiddlesex County

Location

Listing Courtesy of YOUR TOWN REALTY, LLC, RONNIE GLOMB
Add your commute

Building Information for 271 Central Avenue

Stories2Residences-Year Built1922Building Size-Lot Size0.15 AC / 6,564 SF

Payment Calculator

$6,914 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,925

Property Taxes

$990

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 271 Central Avenue

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Attached Garage: Yes
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage, Attached
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $11,876.00
  • Tax Year: 2024
  • Other Fees: $.00
Virtual Tour
Property
Lot Information
  • Building Area Total: 3372.0
  • Living Area: 3372.0
  • Living Area Units: Square Feet
  • Lot Features: See Remarks
  • Lot Size Acres: 0.1507
  • Lot Size Area: 0.1507
  • Lot Size Dimensions: 125.00 x 0.00
  • Lot Size Square Feet: 6564.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 050010000000002306
  • Photos Count: 25
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Interior Features
  • Cooling: None
  • Flooring: Unit 1 Carpet
  • Heating: Baseboard Electric
  • Heating: Yes
  • Interior Features: Unit 1(Dining Room,Kitchen,5+ Bedrooms,2+ Baths), Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Den/Family Room)
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Postal Code: 08817
  • Postal Code Plus4: 3114
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
  • Basement: Crawl Space, Full, None
  • Bathrooms Total: 4
  • Appliances: Water Heater(Electric), Water Heater, Unit 1(Dryer,Refrigerator), Unit 2(Refrigerator)
  • # Heat Systems: 2
Exterior Features
  • Service: Garbage Included In Tax
  • Stories: 2
  • Stories Total: 2

Property History for 271 Central Avenue

DateEvent & SourcePriceAppreciation
Nov 6, 2025

Listed (Active)

CJMLS #2607177R

$1,199,000
Apr 15, 2016

Sold (Public Record)

Public Record #574245310

$442,000
Apr 15, 2016

Sold (Public Record)

Public Record #587855188

$442,000

+9.7% / yr

Apr 14, 2016

Sold

CJMLS #1614361

$442,000
Feb 18, 2016

Listed (Active)

CJMLS #1614361

$468,000
Jul 24, 2014

Sold

BRIGHT #1002891584

$376,000
Jul 23, 2014

Sold

CJMLS #1414377

$376,000
Jul 23, 2014

Sold

CJMLS #1414377

$376,000
Jul 20, 2014

Sold (Public Record)

Public Record #432537730

$376,000
May 3, 2014

Under Contract

BRIGHT #1002891584

Apr 21, 2014

Listed (Active)

BRIGHT #1002891584

$400,000
Apr 20, 2014

Listed (Active)

CJMLS #1414377

$400,000
Apr 20, 2014

Listed (Active)

CJMLS #1414377

$400,000
DateEvent & SourcePrice
11/06/2025

Listed (Active)

CJMLS #2607177R

$1,199,000
04/15/2016

Sold (Public Record)

Public Record #574245310

$442,000
04/15/2016

Sold (Public Record)

Public Record #587855188

$442,000

+9.7% / yr

04/14/2016

Sold

CJMLS #1614361

$442,000
02/18/2016

Listed (Active)

CJMLS #1614361

$468,000
07/24/2014

Sold

BRIGHT #1002891584

$376,000
07/23/2014

Sold

CJMLS #1414377

$376,000
07/23/2014

Sold

CJMLS #1414377

$376,000
07/20/2014

Sold (Public Record)

Public Record #432537730

$376,000
05/03/2014

Under Contract

BRIGHT #1002891584

04/21/2014

Listed (Active)

BRIGHT #1002891584

$400,000
04/20/2014

Listed (Active)

CJMLS #1414377

$400,000
04/20/2014

Listed (Active)

CJMLS #1414377

$400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 271 Central Avenue

Taxable ValueLand$72,900Additions$103,300Total$176,200
Tax Record2024$11,876 ($990 / month)
Home Facts
Beds0Total Finished SqFt3,372 SqFtAbove Grade Finished SqFt3,372 SqFtStories2Lot Size6,563 SqFtStyleSingle Family ResidenceYear Built1922ZoningRBCountyMIDDLESEXAPN05 00100-0000-00023- 06

Schools near 271 Central Avenue

This home is within Edison Township Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 2
Rating
School
Distance
Washington Elementary School
PublicK to 5

Thomas Jefferson Middle School
Public6 to 8

Edison High School
Public9 to 12

Little Flower Montessori School
PrivatePK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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271 Central Avenue is a multi-family home for sale in Edison, NJ 08817. This property was listed for sale on November 7, 2025 by YOUR TOWN REALTY, LLC, it's currently listed at $1,199,000. It has been on the market for a total of 38 days and was last sold on April 15, 2016. This listing's school district is Edison Township Public School District. Nearby schools include Washington Elementary School, Thomas Jefferson Middle School and Edison High School. 271 Central Avenue is a 0-bed, 4-bath, 3,372 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of YOUR TOWN REALTY, LLC, RONNIE GLOMB

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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: 12/15/2025 08:16 PM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/15/2025 08:16 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.