81 N Grove St, East Orange City, NJ 07017

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

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

Exterior
Vinyl Siding
Basement
Yes
Garage
Detached Garage
Water
Public Water
Sewer
Public Sewer
Fuel
Gas-Natural

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Calculator source: Real Geeks

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