New ListingA special investment and owner-occupant opportunity! This legal 4-family property sits on an expansive 100 x 100 lot with a total of 7 bedrooms and 5 baths across 4 approved units. The largest unit is vacant, providing an opportunity for an owner-occupant or first-time investor to move in while generating income from the remaining apartments. Additional 3rd-floor bonus space includes 3 bonus rooms, 2 kitchenettes and 2 full bathrooms, offering flexible possibilities. The partially finished basement features kitchen fixtures, a full bathroom and approximately 1,000 square feet of additional storage. Exterior highlights include a 2-car detached garage, rear driveway, wraparound driveway with parking for 10 vehicles- a rare advantage for a multifamily property. Conveniently located near major highways, public transportation, City Hall and municipal offices. Ideal for both experienced investors and buyers seeking an owner-occupied income property with incredible potential.
| MLS # | 4056812 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 4 |
| Listing Provided By | CORCORAN INFINITY PROPERTIES | SEAN MICHAEL PHALON |
| Bath(s) | 7 Total |
|---|---|
| Garage | 2 |
| Basement | Y |
| Property | 17021 |
|---|
| State | NJ |
|---|---|
| County | Essex |
| City | East Orange City |
| Zip Code | 07017 |
| Area | Essex |
| Listing VS Median (in 07017) | |
Price: $995,000 low | high Med: $2,710 On site: 4 low | high Med: 268 | |
| State | NJ |
|---|---|
| County | Essex |
| City | East Orange City |
| Zip Code | 07017 |
| Area | Essex |
| Listing VS Median (in 07017) | |
Price: $995,000 low | high Med: $2,710 On site: 4 low | high Med: 268 | |