55 New Norwalk Road
New Canaan, Connecticut 06840
Reduced from $1,250,000
- Beds
- 5
- Baths
- 2 | 2
- SqFt
- 1,900
- Acres
- 0.19
- Year Built
- 1984
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Also known as 161 Forest St. which is the front entrance. Official address is 55 New Norwalk Rd which is the back entrance. Side by side townhome style units. Two bedroom unit has 1.5 baths, attached garage and storage area. Three bedroom unit has 1.5 baths, attached garage and storage area. Three Bedroom rent is under market value and both tenants have been in place long term. This is a great investment opportunity to own close to downtown New Canaan and Metro North RR. Each unit also has side patio space.
Key Facts
- City/Town
- New Canaan
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units are Side-by-Side
- Year Built
- 1984
- Days on Market
- 117 days
- Beds
- 5
- Baths
- 2 full · 2 half
- Living Area
- 1,900 sq ft
- Lot Size
- 0.19 acres
- Garage / Parking
- 2 garage · 6 total
- Property Taxes
- $11,121 / Annually
Market Snapshot
The New Canaan Market
Multi-Family · trailing 12 months
Active Listings
3
1 under contract
Median List Price
$1.50M
3 active listings
Median Closed Price
$1.26M
4 sales
Median Days on Market
57
3 active listings
Median $ / Sq Ft
$708
3 active listings
Sale-to-List Ratio
95.7%
4 sales
How this home compares
List Price
$1.20M
vs $1.50M median
20.0% below median
Price / Sq Ft
$632
vs $708 median
10.7% below median
Days on Market
117 days
vs 57 days median
60 days longer than median
Based on 3 active and 4 closed sales (trailing 12 mo) of multi-family in New Canaan. Source: SmartMLS · As of July 28, 2026.
Location
55 New Norwalk Road, New Canaan, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$6,118
- Property Taxes$927
- Insurance$400
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New Canaan
- Neighborhood
- N/A
- County
- Fairfield
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units are Side-by-Side
- Year Built
- 1984
- New Construction
- No/Resale
- Living Area
- 1,900 sq ft
Schools
- Elementary
- East
- High
- New Canaan
Interior
- Heating
- Baseboard
- Heat Fuel
- Electric
- Cooling
- Window Unit
- Laundry
- Washer/Dryer All Units
- Laundry Location
- Basement see remarks
- Basement
- FullUnfinishedStorageGarage Access
Exterior & Lot
- Lot Size
- 0.19 acres
- Zoning
- BRES
- Garage / Parking
- 2 garage spaces6 total parking spacesAttached GarageUnder House GarageDrivewayUnpavedPrivateUnpaved
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Color
- Cream/yellow
- Roof
- Asphalt Shingle
- Foundation
- Block
- Exterior Features
- Patio
- Lot Description
- Sloping Lot
Listing & Financials
- Property Taxes
- $11,121 / Annually
- Days on Market
- 117
- MLS #
- 24164026
- MLS Status
- Under Contract
Similar Properties
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/28/2026 at 7:55 AM UTC.