--- title: "271 Central Avenue, Shelton, NJ 08817" description: "271 Central Avenue, Shelton, NJ 08817 — Multi Family Home in Shelton, Edison, NJ. Listing Price $1,199,000. Studio bed, 4 bath, 3,372 sqft Illustrative Buyer Commission Share of $17,985 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newjersey/edison/08817/271-central-avenue-nj-08817" source: "Real Estate Rebate Team" dateModified: "2026-09-05T07:46:32.721Z" status: "Active" --- # 271 Central Avenue, Shelton, NJ 08817 Multi Family Home in Shelton, Edison, NJ Courtesy of YOUR TOWN REALTY, LLC Last updated: September 5, 2026, 3:46 AM ## At a Glance - **Listing Price**: $1,199,000 - **Beds**: Studio - **Baths**: 4 - **Sqft**: 3,372 - **Monthly Taxes**: $990 / mo - **Price per Sqft**: $356 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,199,000 - **Illustrative Buyer Commission Share**: -$17,985* - **Illustrative Net Cost**: $1,181,015 *Illustrative Buyer Savings of $17,985 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![271 Central Avenue, Shelton, NJ 08817 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0921e506-ff69-4a01-9f92-3338345d3ef8.jpg) ![271 Central Avenue, Shelton, NJ 08817 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d365c306-00d1-4503-8667-1b72dc9d1217.jpg) ![271 Central Avenue, Shelton, NJ 08817 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2a7a8a9c-9e38-4291-b22a-8a7e00146516.jpg) ![271 Central Avenue, Shelton, NJ 08817 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/306c348c-aa11-4d45-92ad-3ab4fb29f200.jpg) ![271 Central Avenue, Shelton, NJ 08817 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0fc93c33-d52d-423d-b5e4-dd303852984d.jpg) ![271 Central Avenue, Shelton, NJ 08817 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8601cbf5-d8bc-4a4f-8720-e2a304c4d67c.jpg) ![271 Central Avenue, Shelton, NJ 08817 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3233941d-c5f5-4d40-8b96-709678157aef.jpg) ![271 Central Avenue, Shelton, NJ 08817 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/36b1bbe5-bb73-4446-a9fd-52c922774527.jpg) ![271 Central Avenue, Shelton, NJ 08817 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/83a43897-d548-474d-a677-29184710095e.jpg) ![271 Central Avenue, Shelton, NJ 08817 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/76f6c07c-8aab-4b48-b1a2-6bb8640df982.jpg) ## Property Overview 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 - **Property Type**: 2 Family - **Rooms**: 7 - **Sqft**: 3,372 sqft - **Stories**: 2 - **Year Built**: 1922 - **Price per Sqft**: $356 - **Monthly Taxes**: $990 / mo - **Listed On**: Nov 7, 2025 - **Days on Market**: 310 Days ### Residence Features - Baseboard Electric - Water Heater(Electric) - Water Heater - Unit 1(Dryer,Refrigerator) - Unit 2(Refrigerator) - Unit 1 Carpet - Crawl Space - Full - Garage - Attached - Unit 1(Dining Room,Kitchen,5+ Bedrooms,2+ Baths) - Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Den/Family Room) - See Remarks - Electricity Connected - Natural Gas Connected - Public - Public Sewer ### Building Amenities - Unit 1 Owner Pays(See Remarks) - Unit 2 Owner Pays(Electric,Water,Gas) ## Estimated Monthly Payment **$7,052 / month**, assuming a 20% down payment ($239,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,063 - **Property Taxes**: $990 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Edison Township Overview of Edison Township [Explore Edison Township](https://realestaterebatesnewyork.com/neighborhoods/nj/middlesex/edison-township) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ## Related Links - [Edison Township neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/nj/middlesex/edison-township) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > Listing data is provided in part from the Internet Listing Display (ILD) database of the All Jersey Multiple Listing System, Inc. (AJMLS). Listings held by brokerage firms other than the site owner are identified accordingly. AJMLS does not warrant the accuracy, quality, reliability, completeness, or usefulness of the information provided. Data is for consumers’ personal, non-commercial use only and may be used solely to identify properties consumers may be interested in purchasing or renting. © 2026 All Jersey Multiple Listing System, Inc. All rights reserved. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.