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. 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. 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. 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
$500,000

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: 5471724
  • Price: $500,000
  • 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: 0

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