Properties

Description

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

  • Heating System : Radiators - Steam
  • Cooling System : Window A/c(s)
  • Basement : Full, Unfinished
  • Roof Deck : Asphalt Shingle
  • Parking : 4
  • Parking Description: 1 Car Width, Driveway-Exclusive
  • Tax Assessed Valuation: 329900
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: KELLER WILLIAMS - NJ METRO GROUP
  • Office MLS ID: 4129
  • Agent ID: 305753
  • Tax: 10692
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$510,000

126 Chestnut St, East Orange City, *

  • SQFT 35 Acre
  • Bedroom 6
  • Built Year 1920

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5427519
  • Price: $510,000
  • Bedrooms: 6
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1920
  • Year Built Description: Approximate
  • Lot Area: 35 Acre
  • Status: Active
  • Days On Market: 127

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City East Orange City
  • Zipcode *
  • Street: Chestnut St
  • Street Number: 126
  • Street Direction: google maps
  • Floor Number: 0
  • Longitude: W75° 46' 55.1''
  • Latitude: N40° 45' 38.1''
  • Internet Display Address: Yes
Property