Property
Beds
5
Full Baths
4
1/2 Baths
None
Year Built
1925
Sq.Footage
2,956
Rare opportunity to acquire a vacant 4-family property situated on an oversized 115' × 115' gated corner lot in East Orange, offering immediate flexibility and long-term potential. Delivered vacant at closing, this property is well suited for investors, owner-occupants, house hackers, furnished rental operators, and buyers seeking to implement their own investment strategy from day one. Three of the four apartments have been updated, while the remaining apartment presents an opportunity for cosmetic improvements and future value enhancement. The property also includes eight detached garages in two separate structures, creating additional opportunities for parking, storage, or supplemental rental income in a market where off-street parking is in high demand. An unfinished walk-up attic provides additional expansion potential, and engineering subdivision concept drawings have been prepared for buyers who wish to evaluate future property improvements. All expansion and development concepts are subject to buyer due diligence, municipal approvals, and any required variances. Conveniently located approximately eight minutes from the East Orange NJ Transit station with direct service to New York Penn Station and offering convenient access to Route 280, the Garden State Parkway, shopping, parks, and ongoing redevelopment throughout the surrounding area.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
4
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
8
-
Construction Materials
Vinyl Siding
-
Parking
Off Street, Detached
-
Patio and Porch Features
Porch
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.3
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
2-Two Story
Price
-
Sales Price
$849,900
-
Tax Amount
$20,713
-
Sq. Footage
2,956
-
Price/SqFt
$287
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
2
-
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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FOUNDER
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