715 Main St

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Description

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...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 district, strong local demographics, and minimal multifamily inventory, this property is an exceptional opportunity for investors, builders, developers, and flippers seeking a project with multiple exit strategies and meaningful upside in a premier New Jersey community. Inquire within for this one-of-a-kind opportunity.
  1. Listed by Tarek Hassieb • Prominent Properties Sotheby's International Realty-Hoboken
    P: (732)-874-3999 teamtarekrealestategroup@gmail.com

Property Details for 715 Main Street

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LISTING UPDATED: 03/18/2026 05:08 PM

Property Details for 715 Main Street

StatusActive - Active
MLS #26008991
Days on Market39
Taxes$13,209 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS Type5+ Mixed Use
Year Built-
Lot Size-
CountyEssex County

Location

Listing Courtesy of Prominent Properties Sotheby's International Realty-Hoboken, Tarek Hassieb
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$6,892 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,791

Property Taxes

$1,101

HOA Dues

$0

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Property Information for 715 Main Street

Summary
Location and General Information
  • Area name: Caldwell
  • Street Name: Main
  • County Name: ESSEX
  • Status: Active
  • Street Number Numeric: 715
  • Zip Code: 07006
Taxes and HOA Information
  • Other Charges: True
  • Tax: $13,209
Property
Lot Information
  • Year Built: 1900-1939, Build Prior to 1978
  • Propertype ro: Gas, Munincipal Water, Sewer
Property and Assessments
  • Photo Number: 22
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: See Remarks
Agent
Sale and Listing Information
  • Management Phone: 732-874-3999
  • Search Class: MIX, 5+ Mixed Use
  • List Price: $1,150,000.00
  • Listing Date: 03-17-2026
  • Status Date: 03-17-2026
Showing Information
  • Internet Remarks: 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 district, strong local demographics, and minimal multifamily inventory, this property is an exceptional opportunity for investors, builders, developers, and flippers seeking a project with multiple exit strategies and meaningful upside in a premier New Jersey community. Inquire within for this one-of-a-kind opportunity.
Rental
Rental Information
  • Owner pays: O/See Rmrks

Property History for 715 Main Street

DateEvent & SourcePriceAppreciation
Mar 17, 2026

Temporarily Off Market

NJMLS #25043820

Mar 16, 2026

Listed (Active)

NJMLS #26008991

$1,150,000
Dec 21, 2025

Listed (Active)

NJMLS #25043820

$1,150,000
DateEvent & SourcePrice
03/17/2026

Temporarily Off Market

NJMLS #25043820

03/16/2026

Listed (Active)

NJMLS #26008991

$1,150,000
12/21/2025

Listed (Active)

NJMLS #25043820

$1,150,000

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

Public Records for 715 Main Street

Taxable ValueLand$250,000Additions$145,000Total$395,000
Tax Record2024$13,209 ($1,101 / month)
Home Facts
Total Finished SqFt3,616 SqFtAbove Grade Finished SqFt3,616 SqFtStories2Lot Size5,000 SqFtStyleMiscellaneous CommercialYear Built1910ZoningR-2CountyESSEXAPN15 02103-0000-00006

Schools near 715 Main Street

This home is within West Essex Regional School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Grandview School
PublicPK to 3

Gould Mountain School
Public4 to 6

West Essex Middle School
Public7 to 8

West Essex High School
Public9 to 12

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.

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715 Main Street is a mixed use property for sale in Caldwell, NJ 07006. This property was listed for sale on March 17, 2026 by Prominent Properties Sotheby's International Realty-Hoboken, it's currently listed at $1,150,000. It has been on the market for a total of 39 days and was last sold on February 22, 2024. This listing's school districts are West Essex Regional School District, North Caldwell Board Of Education School District. Nearby schools include Grandview School, Gould Mountain School and West Essex Middle School. 715 Main Street is a 0-bed, 0-bath, mixed use property.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Prominent Properties Sotheby's International Realty-Hoboken, Tarek Hassieb

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: 04/25/2026 04:29 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 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: 04/25/2026 04:29 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.