126 Chestnut St, East Orange City, NJ 07018
126 Chestnut St, East Orange City, NJ 07018
126 Chestnut St, East Orange City, NJ 07018
39
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$500,000
Est. payment /mo
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6 Beds
2.5 Baths
3,049 Sqft Lot
New

126 Chestnut St East Orange City, NJ 07018

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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4062487

Style 3-Three Story

Bedrooms 6

Full Baths 2

Half Baths 1

Year Built 1920

Annual Tax Amount $10,692

Tax Year 2025

Lot Size 3,049 Sqft

Property Description

Exceptional 2-family investment opportunity in East Orange with strong income and value-add potential. The first-floor unit features 2 bedrooms, 1 full bath, and beautiful hardwood flooring throughout, with the flexibility to easily convert into a 3-bedroom layout. The second unit spans the 2nd and 3rd floors, currently configured as a spacious 4 bedroom, 1 bath, 1 office with the potential to expand into a 5 bedroom unit ideal for maximizing rental income. The property also features a private backyard and an extended driveway for ample off-street parking. Conveniently located near transportation, shopping, and schools, this property is perfectly positioned for both commuters and tenants. Additional highlights include a full unfinished basement with an existing bathroom, offering further expansion possibilities. Separate utilities provide convenience for both owner-occupants and investors. Whether you're looking to live in one unit and rent the other or fully capitalize on its income potential, this is a rare opportunity with significant upside.

Location

State NJ

County Essex

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Garage No

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS - NJ METRO GROUP

Nearby Locations

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Marina Altman

Marina Altman

+1(732) 371-4050

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126 Chestnut St