271 Central Ave
Edison, NJ 08817
Lahiere- 7 Beds
- 4 Baths
- 3,372 sqft
7 Beds
4 Baths
3,372 sqft
Local Information
-- mins to
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 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.
Home Highlights
Parking
2 Car Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$356
Listed
180+ days ago
Home Details for 271 Central Ave
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Interior Details Basement: Crawl Space, Full, NoneNumber of Rooms: 7 |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 3372 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas ConnectedAppliances: Water Heater(Electric), Water Heater, Unit 1(Dryer, Refrigerator), Unit 2(Refrigerator) |
Heating & Cooling Heating: Baseboard ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard Electric |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Unit 1 Carpet |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Floors: Unit 1 Carpet |
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Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Garage, Attached |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 180+ |
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Year Built Year Built: 1922 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 050010000000002306 |
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Price List Price: $1,199,000Price Per Sqft: $356 |
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MLS Status: Active |
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Direction & Address City: Edison |
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Listing Agent Listing ID: 2607177R |
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Building Area Building Area: 3372 Square Feet |
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Lot Area: 6564.492 sqft |
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Business Information Ownership: Fee Simple |
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Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(Electric, Water, Gas) |
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BasementMls Number: 2607177R |
Last check for updates: about 2 hours ago
Listing courtesy of RONNIE GLOMB
YOUR TOWN REALTY, LLC, (855) 600-2465
Source: All Jersey MLS, MLS#2607177R

Also Listed on All Jersey MLS.
Market trends in Edison
Last updated June 2026
Avg. sale price
$557K
$21.67KMoM
Sale-to-List Price
100.8%
0.2%MoM
Price per sq ft
$389
$10MoM
Available listings
318
20MoM
Price History for 271 Central Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 11/07/2025 | $1,199,000 | Listed For Sale | All Jersey MLS #2607177R |
| 01/05/2021 | ListingRemoved | N/A | |
| 10/05/2020 | $729,999 | Listed For Sale | N/A |
| 01/10/2020 | $559,999 | ListingRemoved | Agent Provided |
| 10/07/2019 | $559,999 | Listed For Sale | Agent Provided |
| 04/26/2016 | $468,000 | ListingRemoved | Agent Provided |
| 04/05/2016 | $468,000 | Pending | Agent Provided |
| 02/26/2016 | $468,000 | Listed For Sale | Agent Provided |
| 11/30/2015 | $2,600 | ListingRemoved | N/A |
| 11/20/2015 | $2,600 | Listed For Rent | N/A |
| 08/01/2014 | $376,000 | Sold | N/A |
| 04/22/2014 | $400,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $10,100 |
| Assessment | $176,200 |
Home facts updated by county records
Comparable Sales for 271 Central Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.48 | Multi-Family Home | $700,000 | 09/05/25 | 5 | 3 | 2,162 | |
0.53 | Multi-Family Home | $725,000 | 12/17/25 | 4 | 3 | - | |
1.29 | Multi-Family Home | $895,000 | 08/25/25 | 6 | 4 | 2,139 | |
1.14 | Multi-Family Home | $999,999 | 09/16/25 | 8 | 7 | 4,064 | |
1.47 | Multi-Family Home | $505,000 | 10/10/25 | 5 | 2 | 1,766 | |
1.74 | Multi-Family Home | $1,100,000 | 09/23/25 | 8 | 4 | 3,864 | |
1.65 | Multi-Family Home | $853,000 | 12/18/25 | 7 | 2 | 2,852 | |
1.33 | Multi-Family Home | $1,000 | 10/28/25 | 4 | 4 | 4,625 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 271 Central Ave.
What Locals Say about Lahiere
At least 1 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say they plan to stay for at least 5 years
100 % Say it's walkable to grocery stores
100 % Say it's walkable to restaurants
100 % Say parking is easy
100 % Say people would walk alone at night
50 % Say streets are well-lit
50 % Say there's wildlife
50 % Say neighbors are friendly
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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RONNIE GLOMB, YOUR TOWN REALTY, LLC, (855) 600-2465

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