156 N 18Th St, East Orange City, NJ 07017
156 N 18Th St, East Orange City, NJ 07017
156 N 18Th St, East Orange City, NJ 07017
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$ 670,000
Est. payment | /mo

8 Beds

3 Baths

3,233 SqFt


Save
$ 670,000
Est. payment | /mo
Save

8 Beds

3 Baths

3,233 SqFt

Key Details

Property Type Multi-Family, Commercial

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

Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS REAL ESTATE

NEARBY SCHOOLS & PROPERTIES

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Mariama Diallo
Mariama Diallo

Agent | License ID: 2076339

+1(646) 578-3733

16 Orange St, Bloomfield, NJ, 07003, USA

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156 N 18Th St