156 N 18th St

East Orange City, NJ 07017


 

Price: $715,000

GSMLS:  4013663
Type: Multi-Family
Style: 3-Three Story, Triplex
Total Units: 3
Beds: 7
Baths: 3 Full
Garage: No
Year Built: 1910
Acres: 0.07
Property Tax: $13,897
Description
Investor opportunity! 156 North 18th Street in East Orange is a large three-family property offering strong income potential and immediate upside for investors. With 3,233 square feet of living space, the building features 13 rooms including 7 bedrooms and 3 bathrooms, providing the size and layout investors look for in multi-family assets.The property consists of a 3-bedroom, 1-bath first-floor unit and two 2-bedroom, 1-bath units on the upper floors. Current rents are below market, creating a clear value-add opportunity to increase income over time. The owner-occupied third-floor unit will be delivered vacant at closing, allowing the next owner to place a new tenant at market rent immediately.A major advantage is the separate utilities for each unit, including individual furnaces, hot water heaters, and electric meters. Tenants pay their own utilities while the landlord covers water and sewer, helping keep operating costs manageable.Additional features include two porches/decks, a large unfinished basement with storage potential, and a substantial building footprint rarely found in comparable properties.Located in East Orange with access to transportation and major commuter routes, this property presents a compelling opportunity for investors seeking a large multi-family with strong rental potential and long-term value.
General Info
Style:
3-Three Story, Triplex
SqFt Building:
3,233
Total Rooms:
13
Basement:
Yes - Full, Unfinished
Interior:
Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
30 X 108
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
None
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Radiators - Steam
Heating Fuel:
Electric, Gas-Natural
Cooling:
3Units,None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
Cable TV Available, Fiber Optic Available, Garbage Included
School Information
Elementary:
G PARKS
Middle:
P HEALY
High School:
E ORANGE
Community Information
County:
Essex
Town:
East Orange City
Neighborhood:
n/a
Financial Considerations
List Price:
$715,000
Tax Amount:
$13,897
Land Assessment:
$63,600
Build. Assessment:
$365,200
Total Assessment:
$428,800
Tax Rate:
3.24
Tax Year:
2025
Listing Information
MLS ID:
4013663
List Date:
03-10-2026
Days On Market:
0
Listing Broker:
KELLER WILLIAMS REAL ESTATE
Listing Agent:
Cardwell Thaxton
 

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