271 Central Ave, Edison, NJ 08817
Property image
Property image
FOR SALE
3D VIEW

271 Central Ave
Edison, NJ 08817

Lahiere
  • 7 Beds
  • 4 Baths
  • 3,372 sqft

$1,199,000

Est. Mortgage $8,000/mo*

$1,199,000

Est. Mortgage $8,000/mo*
7 Beds
4 Baths
3,372 sqft

Local Information

  • Map ViewExplore the area around 271 Central Ave.
  • Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 050010000000002306

Price & Status

Price
List Price: $1,199,000Price Per Sqft: $356

Active Status

MLS Status: Active

Location

Direction & Address
City: Edison

Agent Information

Listing Agent
Listing ID: 2607177R

Building

Building Area
Building Area: 3372 Square Feet

Lot Information

Lot Area: 6564.492 sqft

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(Electric, Water, Gas)

Miscellaneous

BasementMls Number: 2607177R
Last check for updates: about 4 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
Buyer'sMarketSeller'sMarket
Avg. sale price
$557K
$21.67K
MoM
Sale-to-List Price
100.8%
0.2%
MoM
Price per sq ft
$389
$10
MoM
Available listings
318
20
MoM

Price History for 271 Central Ave

DatePriceEventSource
11/07/2025$1,199,000Listed For SaleAll Jersey MLS #2607177R
01/05/2021ListingRemovedN/A
10/05/2020$729,999Listed For SaleN/A
01/10/2020$559,999ListingRemovedAgent Provided
10/07/2019$559,999Listed For SaleAgent Provided
04/26/2016$468,000ListingRemovedAgent Provided
04/05/2016$468,000PendingAgent Provided
02/26/2016$468,000Listed For SaleAgent Provided
11/30/2015$2,600ListingRemovedN/A
11/20/2015$2,600Listed For RentN/A
08/01/2014$376,000Sold
N/A
04/22/2014$400,000Listed For SaleAgent Provided

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 271 Central Ave

Skip to last item
Skip to first item

Property Tax and Assessment

Year2025
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.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 271 Central Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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

RONNIE GLOMB, YOUR TOWN REALTY, LLC, (855) 600-2465
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2026, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
271 Central Ave, Edison, NJ 08817 is a 7 bedroom, 4 bathroom, 3,372 sqft multi-family built in 1922. 271 Central Ave is located in Lahiere, Edison. This property is currently available for sale and was listed by All Jersey MLS on Nov 7, 2025. The MLS # for this home is MLS# 2607177R.