East Orange City, NJ 07018,156 Elmwood Ave
East Orange City, NJ 07018,156 Elmwood Ave
East Orange City, NJ 07018,156 Elmwood Ave
East Orange City, NJ 07018,156 Elmwood Ave
East Orange City, NJ 07018,156 Elmwood Ave
East Orange City, NJ 07018,156 Elmwood Ave
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$ 699,000
Est. payment | /mo

4 Beds

4.5 Baths

9,583 Sqft Lot


Save
$ 699,000
Est. payment | /mo
Save

4 Beds

4.5 Baths

9,583 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3993554

Style 2-Two Story, Under/Over

Bedrooms 4

Full Baths 4

Half Baths 1

Year Built 1930

Annual Tax Amount $12,667

Tax Year 2024

Lot Size 9,583 Sqft

Property Description

INVESTOR ALERT Grand FOUR-unit on a corner lot with strong rent-growth potential and classic architectural details. Configured as three spacious 1BRs and one studio, the building sits proudly with lots of windows, bright rooms, high ceilings, and a sweeping grand staircase that makes an immediate impression. Three units are vacant ideal for quick cosmetic updates and immediate leasing; the fourth is a well-maintained 1BR on month-to-month, allowing flexible repositioning. The studio stands out with a gorgeous fireplace and private porch a premium renter magnet. The 1st-floor 1BR has a private entrance and direct, exclusive access to the full basement, perfect for an end user, added storage income, or laundry convenience. The basement includes laundry hook-ups plus abundant storage, and a large walk-up attic offers finish potential (buyer to verify). Driveway parking for approx. six cars. Separate gas & electric. Neighborhood momentum is real this pocket has seen significant new development, supporting future appreciation and tenant demand. Location checks every box: close to schools, shopping, parks, major highways, and NYC train/bus. Perfect for house-hackers, end users, and long-term buy-and-hold investors seeking cap-rate expansion.

Location

State NJ

County Essex

Rooms

Basement Bilco-Style Door, Full, Unfinished

Interior

Interior Features Beam Ceilings, Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors

Heating Gas-Natural

Cooling Wall A/C Unit(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Wood

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Corner, Level Lot, Open Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, Under/Over

Schools

Elementary Schools L Hughes

Middle Schools P Healy

High Schools E Orange

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by CORCORAN SAWYER SMITH

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156 Elmwood Ave