830

MLS® 4037416

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $13,897
Days Active 0
Lot Size 0.07 Acres
Approx. Age 1910
MLS® Number 4037416

Property Address: 156 N 18th St, East Orange, NJ, 07017-5481

Average square foot calculated using Size range provided by listing agent.

Description

Three income streams. One address. Day-one cash flow.This 3, 233 sq ft East Orange triplex has been generating rent for over a century ? and it's built to keep going. Two tenants are already in place. The third unit comes delivered vacant at closing, giving you immediate control: set your price, select your tenant, and push rents to market rate from day one.Each floor operates as a fully independent unit with separate furnaces, hot water heaters, and electric meters. Tenants cover their own gas and electric. Your exposure is water and sewer ? and that's it. That's the structure disciplined investors look for.Current rents on units 1 and 2 are below market. That's not a liability ? that's runway. It's a clear, documented path to increased NOI without touching your renovation budget. Add a full unfinished basement for storage upside, two outdoor porches that attract and retain quality tenants, and fiber optic service throughout, and the operational picture is strong.East Orange is a commuter market. NJ Transit access, proximity to Newark, and easy routes to Manhattan are features your tenants will pay for every month ? year after year.Don't sit on this one. Below-market rents on a property this size move fast once the right investor finds it.
MLS® Number4037416
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementFull, Unfinished
DrivewayNone, On-Street Parking
Garage Spaces
HeatHeat Source: Gas-Natural, Heating Type: 3 Units, Radiators - Steam
A/C3Units, None

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 27, 2026List Date
$670,000List Price
  • Commute

Commute

Starting Address
Destination Address
156 N 18Th St, East Orange,

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