See all 3 photos
$670,000
Est. payment /mo
8 Beds
3 Baths
3,233 SqFt
Active
156 N 18Th St East Orange City, NJ 07017
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,233 sqft
Price per Sqft $207
MLS Listing ID 4037416
Style 3-Three Story, Triplex
Bedrooms 8
Full Baths 3
Year Built 1910
Annual Tax Amount $13,897
Tax Year 2025
Lot Size 3,049 Sqft
Property Description
Three income streams. One address. Day-one cash flow.This 3,233 sq ft East Orange triplex has been generating rent for over a century ? and it's built to keep going. Two tenants are already in place. The third unit comes delivered vacant at closing, giving you immediate control: set your price, select your tenant, and push rents to market rate from day one.Each floor operates as a fully independent unit with separate furnaces, hot water heaters, and electric meters. Tenants cover their own gas and electric. Your exposure is water and sewer ? and that's it. That's the structure disciplined investors look for.Current rents on units 1 and 2 are below market. That's not a liability ? that's runway. It's a clear, documented path to increased NOI without touching your renovation budget. Add a full unfinished basement for storage upside, two outdoor porches that attract and retain quality tenants, and fiber optic service throughout, and the operational picture is strong.East Orange is a commuter market. NJ Transit access, proximity to Newark, and easy routes to Manhattan are features your tenants will pay for every month ? year after year.Don't sit on this one. Below-market rents on a property this size move fast once the right investor finds it.
Location
State NJ
County Essex
Rooms
Basement Full, Unfinished
Interior
Interior Features Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
Heating Gas-Natural
Cooling 3Units, None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features None, On-Street Parking
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story, Triplex
Others
Senior Community No

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Listed by KELLER WILLIAMS REAL ESTATE
NEARBY SCHOOL & BUSINESS
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