$715,000

156 N 18Th St, East Orange City, NJ 07017

  • 7 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Investor opportunity! 156 North 18th Street in East Orange is a large three-family property offering strong income potential and immediate upside for investors. With 3,233 square feet of living space, the building features 13 rooms including 7 bedrooms and 3 bathrooms, providing the size and layout investors look for in multi-family assets.The property consists of a 3-bedroom, 1-bath first-floor unit and two 2-bedroom, 1-bath units on the upper floors. Current rents are below market, creating a clear value-add opportunity to increase income over time. The owner-occupied third-floor unit will be delivered vacant at closing, allowing the next owner to place a new tenant at market rent immediately.A major advantage is the separate utilities for each unit, including individual furnaces, hot water heaters, and electric meters. Tenants pay their own utilities while the landlord covers water and sewer, helping keep operating costs manageable.Additional features include two porches/decks, a large unfinished basement with storage potential, and a substantial building footprint rarely found in comparable properties.Located in East Orange with access to transportation and major commuter routes, this property presents a compelling opportunity for investors seeking a large multi-family with strong rental potential and long-term value.

Listing Status:
Active
Data Last Updated:
March 12, 2026 at 9:40PM
Listing Office:
KELLER WILLIAMS REAL ESTATE : 609-987-8889
MLS ID:
4013663
  • General: BlindsCarbon Monoxide DetectorFire ExtinguisherSmoke DetectorWood Floors
  • Basement: FullUnfinished
  • A/C: 3UnitsNone
  • Heating: 3 UnitsRadiators - SteamElectricGas-Natural
  • General: Vinyl SidingOpen Porch(es)
  • Parking: Parking spaces: 0
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: On-Street Parking
  • Zoning: 1605-00071-0000-00041-0000-
  • Utilities: Gas-Natural
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of KELLER WILLIAMS REAL ESTATE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gordon Parks Academy

98 Greenwood Ave, East Orange, NJ, 07017

Grades PK-2

0.30 miles away

C

Cicely L. Tyson Community Middle/High School

35 Winans St, East Orange, NJ, 07017

Grades 6-12

0.77 miles away

C

Cicely L. Tyson Community Middle/High School

35 Winans St, East Orange, NJ, 07017

Grades 6-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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