222 William St,East Orange City, NJ 07017
East Orange City, NJ 07017
Description
4-family multifamily property offering income potential, owner-occupant flexibility, and future upside in a commuter-friendly East Orange location approximately 8 minutes from the East Orange NJ Transit station with direct access to NYC Penn Station. Three of the four units have been updated, while one unit offers value-add potential for renovation and future rental growth. Property will be delivered vacant, creating opportunities for investors, owner-occupants, furnished rental operators, or buyers seeking a live-in investment property. Features include an unfinished walk-up attic with potential expansion opportunities. Buyers may explore the possibility of incorporating the attic into an upper unit to create additional living space while maintaining the current 4-family layout, subject to municipal approvals and buyer due diligence. The oversized lot includes 8 detached garages in two separate structures, offering additional storage, parking, or income potential in a densely populated neighborhood where off-street parking is increasingly valuable. Property may also offer future subdivision possibilities, subject to municipal approvals and buyer due diligence. Conveniently located near public transportation, Route 280 and Garden State Parkway, shopping, parks, and ongoing redevelopment activity.
Details
| MLS # | 4027309 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 149 |
| Listing Provided By | KELLER WILLIAMS - NJ METRO GROUP | JAMES HUGHES |
Features
| Bath(s) | 4 Total |
|---|---|
| Garage | 8 |
| Basement | Y |
Taxes
| Property | 20713 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Essex |
| City | East Orange City |
| Zip Code | 07017 |
| Area | Essex |
| Listing VS Median (in 07017) | |
Price: $949,900 low | high Med: $2,710 On site: 149 low | high Med: 268 | |
Market Activity 07017
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Learn More About This Property
| State | NJ |
|---|---|
| County | Essex |
| City | East Orange City |
| Zip Code | 07017 |
| Area | Essex |
| Listing VS Median (in 07017) | |
Price: $949,900 low | high Med: $2,710 On site: 149 low | high Med: 268 | |
