126 Chestnut St, East Orange City NJ 07018-3008

$510,000
Active
East Orange City
Bedrooms
6

About this home

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. 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. 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. 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.

Taxes & fees

Annual property tax
$10,692
Tax year
2025
Tax rate
3.241

Property details

Year Built
1920
Roof (*text)
Asphalt Shingle
Lot Size Area
0.07
MLS #
4023521

Features & amenities

Year Built (*numeric)
1920
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
127
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Garage spaces
0
Heating
Radiators - Steam
Lot dimensions
35X85
Property Location

40.76059, -74.21804

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Units: Miles
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Listing source
GSMLS
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