31 Chestnut St, East Orange City, NJ 07018
31 Chestnut St, East Orange City, NJ 07018
31 Chestnut St, East Orange City, NJ 07018
31 Chestnut St, East Orange City, NJ 07018
31 Chestnut St, East Orange City, NJ 07018
31 Chestnut St, East Orange City, NJ 07018
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$ 569,000
Est. payment | /mo

6 Beds

3 Baths

0.25 Acres Lot


Save
$ 569,000
Est. payment | /mo
Save

6 Beds

3 Baths

0.25 Acres Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 4016907

Style Triplex

Bedrooms 6

Full Baths 3

Year Built 1925

Annual Tax Amount $12,364

Tax Year 2025

Lot Size 10,890 Sqft

Property Description

Don't miss this opportunity to own a 3-unit multifamily property, each unit featuring 2 bedrooms and 1 full bathroom, along with separate entrances and proper egress for all units ideal for both investors and owner-occupants. This property offers a functional layout and solid income potential, complemented by separate utilities, allowing for efficient management and expense control. A major highlight is the expansive parking area, providing ample off-street parking for multiple vehicles a rare and valuable feature for tenants and owners alike. Perfect for those looking to house hack or expand their investment portfolio. Live in one unit while generating rental income from the others, or lease all three for maximum return. With the right strategy, this property presents an excellent opportunity to increase rents, build equity, and maximize cash flow over time. This property is ideal for house hackers, buy-and-hold investors, and those looking to scale a multifamily portfolio. Flexible use, strong fundamentals, and long-term upside make it a property worth exploring.

Location

State NJ

County Essex

Rooms

Basement Full, Unfinished

Interior

Interior Features Blinds

Heating See Remarks

Cooling See Remarks

Heat Source See Remarks

Exterior

Exterior Feature Metal Siding

Parking Features Detached Garage

Garage Spaces 1.0

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style Triplex

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC

Nearby Locations

Matthew De Fede

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(862) 228-0554

matthewdefede@realtyexecutives.com

653 Franklin Ave, Nutley, NJ, 07110, USA

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31 Chestnut St