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3-Three Story

126 Chestnut St

East Orange City, NJ 07018

MLS#: 4023521

$510,000

Status: Active
Listing number: 4023521
Listing provided by: KELLER WILLIAMS - NJ METRO GROUP
Listing agent phone: None
Last update: 8 days ago
On site: 4 months ago
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Property

Beds

6

Full Baths

2

1/2 Baths

1

Year Built

1920

Sq.Footage

N/A

Exceptional 2-family investment opportunity in East Orange with strong income and value-add potential. The first-floor unit features 2 bedrooms, 1 full bath, and beautiful hardwood flooring throughout, with the flexibility to easily convert into a 3-bedroom layout. The second unit spans the 2nd and 3rd floors, currently configured as a spacious 4 bedroom, 1 bath, 1 office with the potential to expand into a 5 bedroom unit ideal for maximizing rental income. Additional highlights include a full unfinished basement with an existing bathroom, offering further expansion possibilities. Separate utilities provide convenience for both owner-occupants and investors. The property also features a private backyard and an extended driveway for ample off-street parking. Conveniently located near transportation, shopping, and schools, this property is perfectly positioned for both commuters and tenants. Whether you're looking to live in one unit and rent the other or fully capitalize on its income potential, this is a rare opportunity with significant upside.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    2

  • 1/2 Bathrooms

    1

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.07

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    3-Three Story

Price

  • Sales Price

    $510,000

  • Tax Amount

    $10,692

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

County

Essex

Elementary School

Middle School

High School

Listing Courtesy of None, KELLER WILLIAMS - NJ METRO GROUP

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Exceptional 2-family investment opportunity in East Orange with strong income and value-add potential. The first-floor unit features 2 bedrooms, 1 full bath, and beautiful hardwood flooring throughout, with the flexibility to easily convert into a 3-bedroom layout. The second unit spans the 2nd and 3rd floors, currently configured as a spacious 4 bedroom, 1 bath, 1 office with the potential to expand into a 5 bedroom unit ideal for maximizing rental income. Additional highlights include a full unfinished basement with an existing bathroom, offering further expansion possibilities. Separate utilities provide convenience for both owner-occupants and investors. The property also features a private backyard and an extended driveway for ample off-street parking. Conveniently located near transportation, shopping, and schools, this property is perfectly positioned for both commuters and tenants. Whether you're looking to live in one unit and rent the other or fully capitalize on its income potential, this is a rare opportunity with significant upside.

126 Chestnut St

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