481 William St, East Orange City NJ 07017-2225

Residential
East Orange City
Property Media
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Property Price
$4,299,000
Year Built
1955
Tax Annual Amount
$81277
TaxYear (*text)
2025
Roof (*text)
Flat
Lot Size Area
0.19
MLS Status
Active
MLS #
4014919

This superb investment FOUR story brick 26 UNIT building offering 15 one bedroom units and 11 two bedroom units is nestled in prime location, surrounded by many new constructions as large redevelopments are happening very quickly in this vicinity. Property is well maintained. Boiler and hot water heater under 5 years old. Elevator 2006, roof redone multiple times since ownership, last update 2018. Most rentals are below market value and have much more potential. 4 units are in process of renovation, will be rented during contract at new market value. ALL units have been renovated in full 20 years ago, and many were renovated prior to getting re-rented. All units are in great condition. Super on premises. Security cameras are all in place and included in the sale. Located few mins from the train station and nestled between the Garden State Parkway and Route 280, super convenient! Most rentals are below market value. The current income is great, and the potential income is hard to pass! Call for details.

Yearly Tax Rate
3.241
Year Built (*numeric)
1955
Basement
Yes
Roofing (*text)
Flat
Days On Market
7
Basement (*text)
Yes
Cooling (*text)
See Remarks
GarageSpaces
0
Heating
1 Unit
Lot Size Dimensions
55X149
Property Location

40.76635, -74.21477

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762