58 Marwood Road N, Port Washington, NY 11050

$1,599,000 · 5 bed · 5 bath · 2,208 sq ft · built 1985 · MLS# 1071322 · Active

Welcome to this spacious side-by-side two-family home in Port Washington, offering an excellent opportunity for both owner occupants and investors. This property features two separate residences, each with its own private entrance and driveway. The right-side unit (Unit 1) offers 3 bedrooms, 2.5 bathrooms, a private deck, and a spacious lower level providing additional flexible space for recreation, a home office, or storage. Unit 1 is currently vacant and ready for occupancy. The left-side unit (Unit 2) features 2 bedrooms, 1.5 bathrooms, and a private balcony. Unit 2 is tenant-occupied,…

Two-to-three-family homes in the Port Washington Union Free School District sold for a median of $1,150,000 (typically $875,000–$1,350,000) across 17 recorded sales between Nov 12, 2025 and Sep 10, 2026, up 15.2% on the 12 months before.

ZIP 11050 has about 7.8 months of multi-family inventory — buyer's market. Ample inventory gives buyers strong choice and negotiating leverage, with frequent price adjustments. Homes here are still selling close to asking, at a median 98.4% of final list price.

At about $18,263 a year, this home's property tax runs roughly 14% above the $16,000 typical for Port Washington Union Free School District. Nassau assessments run on a multi-year cycle, so the assessed value behind this bill can lag what the home actually sells for today. A sale does not automatically reset it, and exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax