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$975,000

Est. payment - /mo

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8 Beds

5 Baths

2,997 SqFt

Price Dropped by $24K

81 N Grove St East Orange City, NJ 07017

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Youssef Genid

info@roglegend.com +1(973) 772-0660

Open House

Sat Oct 10, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,997 sqft

Price per Sqft $325

MLS Listing ID 4024686

Style 3-Three Story

Bedrooms 8

Full Baths 5

Year Built 1930

Annual Tax Amount $7,162

Tax Year 2025

Lot Size 5,662 Sqft

Property Description

Welcome to a fantastic investment opportunity at 81 North Grove Street in East Orange. This well-maintained three-unit property is perfect for investors or owner-occupants looking to generate consistent rental income. The building features three spacious 2-bedroom apartments, each thoughtfully designed for comfort and functionality. Every unit includes its own washer and dryer, central air, and forced hot air heating, offering modern conveniences that today's tenants truly appreciate. An added bonus is the partially finished basement, providing additional usable space with potential for storage, recreation, or future customization. One of the standout features of this property is the rare 3-car garage, a major advantage in an area where parking can often be limited. This feature alone adds tremendous value and convenience for tenants. The location is equally appealing. The property is just moments away from Oval Park, a beautiful local green space perfect for walking, recreation, and enjoying the outdoors. Commuters will also appreciate the easy access to major highways and mass transit, making travel to surrounding towns and New York City convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers a compelling combination of location, functionality, and income potential.

Location

State NJ

County Essex

Rooms

Basement Finished, Full

Interior

Heating Gas-Natural

Cooling Central Air, Multi-Zone Cooling

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage

Garage Spaces 3.0

Utilities Available All Underground

Roof Type Asphalt Shingle

Garage Yes

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Schools

Elementary Schools C Tyson

Middle Schools S Truth

High Schools E Orange

Others

Senior Community No

Listed by BHHS JORDAN BARIS REALTY

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Youssef Genid

Broker License ID: 9701533

+1(973) 772-0660

81 N Grove St East Orange City, NJ 07017

Youssef Genid

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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81 N Grove St