81 N Grove St, East Orange City, NJ 07017

$975,000
8
BD
5
BA

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List Price
$975,000
Price Change
▼ $24,000 1787187908
MLS#
4024686
Dom
113
Year Built
1930
Status
ACTIVE
County
Essex
City
East Orange City
Bedrooms
8
Bathrooms
5
Baths Full
5
Acres
0.13

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.

Additional Information

Taxes
$7,162
Cooling
Central Air, Multi-Zone Cooling
Exterior
Vinyl Siding
Garage Spaces
3
Garage Description
Detached Garage
Heating
Forced Hot Air, Multi-Zone
Roof
Asphalt Shingle
Elementary School
C TYSON
Middle School
S TRUTH
High School
E ORANGE
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Garage Description
Detached Garage

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Listing Courtesy Of BHHS JORDAN BARIS REALTY, Contact: 973-736-1600

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