31 Chestnut St, East Orange City NJ 07018-3053

Property City
East Orange City
Property Media
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Property Price
$569,000
Bedrooms
6
Year Built
1925
Tax Annual Amount
$12364
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.25
MLS Status
Active
MLS #
4016907

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.

Yearly Tax Rate
3.241
Year Built (*numeric)
1925
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
8
Basement (*text)
Yes
Cooling (*text)
See Remarks
GarageSpaces
1
Heating
Radiators - Hot Water
Lot Size Dimensions
72X150
Property Location

40.75901, -74.21422

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762