42-48 Lake St
East Orange City, NJ 07017
Price: $599,000
GSMLS: 4021897Type: Multi-Family
Style: 2-Two Story, Triplex
Total Units: 3
Beds: 6
Baths: 4 Full
Garage: No
Year Built: 1930
Acres: 0.18
Property Tax: $12,163
Description
Discover a fantastic opportunity to own an income-producing 3-family property with a generous amount of parking in East Orange. This property offers opportunities to investors or homeowners seeking a primary residence. The property features a total of 6 bedroom and four bathrooms across three units including a two bedroom, two bathroom multilevel unit with bonus space in the basement. The two additional units each have 2 bedrooms and one bathroom. Whether you're an experienced investor looking to add a reliable asset to your portfolio or a house-hacker looking to live in one unit and rent the others, 42-48 Lake St is positioned for success.
General Info
Style:
2-Two Story, Triplex
SqFt Building:
2,500
Total Rooms:
14
Basement:
Yes - Finished, Full
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Security System, See Remarks, Smoke Detector, Tile Floors, Wood Floors
Roof:
Asphalt Shingle, See Remarks
Exterior:
Vinyl Siding
Lot Size:
n/a
Lot Desc:
Cul-De-Sac, Irregular Lot, Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width, Additional Parking, Blacktop, Dirt, Driveway-Exclusive, See Remarks
Spaces Available:
8
Unit 1
Bedrooms:
2
Bathrooms:
2
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Laundry Room, Living Room, Porch, Utility Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,Dishwshr,Microwav,RgOvGas,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room, Porch, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,Dishwshr,Microwav,RgOvGas,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,Dishwshr,Microwav,RgOvGas,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
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, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
East Orange City
Neighborhood:
n/a
Financial Considerations
List Price:
$599,000
Tax Amount:
$12,163
Land Assessment:
$90,400
Build. Assessment:
$284,900
Total Assessment:
$375,300
Tax Rate:
3.24
Tax Year:
2025
Listing Information
MLS ID:
4021897
List Date:
04-20-2026
Days On Market:
0
Listing Broker:
REDFIN CORPORATION
Listing Agent:
Thomas M Borkowski
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
