Listing Details

126 Chestnut St,East Orange City, NJ 07018-3008

  • April 27, 2026
    hello

Description

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. 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. 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. 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.

Details

Last Updated On: April 27th, 2026 at 6:33 pm
Property ID:PT-38772858-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 525,000 $
Bedrooms:6
Year Built:1920

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 35X85
Lot Identifier: 16
Lot Identifier: 16

Home Details

Open Parking: 4
Basement: Yes
Basmnt/Desc: Yes - Full, Unfinished
Acreage: 0.07
Total Baths: 2.10
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 12
Easement/Desc: Unknown
Roof Description: Asphalt Shingle
Possesion: at closing
Unit 1 Levels: 1
Unit 1 Rooms: 5
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water
Unit 1 Handicap: No
Unit 1 Room Description: Bedrooms, Kitchen, Living Room
Unit 2 Levels: 1
Unit 2 Rooms: 7
Unit 2 Beds: 4
Unit 2 Baths: 2.0
Unit 2 Owner/Tenant Pays: Owner Pays Water
Unit 2 Handicap: No
Unit 2 Room Description: Bedrooms, Kitchen
Block Identifier: 522
County Number: 16
Town Number: 1605
YB/Desc: 1920 - Approximate
Easement: Unknown
Parking/Driveway Description: 1 Car Width, Driveway-Exclusive
Block Identifier: 522
County Number: 16
Town Number: 1605
Possession: at closing

Utilities

Heat Source: Gas-Natural
Heat System: Radiators - Steam
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1605-00522-0000-00016-0000-
Tax Amount: $10,692.00
Tax Year: 2025
Tax Rate: 3.241%
Tax Rate Year: 2025
Land Assessment: $55,900.00
Building Assessment: $274,000.00
Total Assessment: $329,900.00
FHA Age Restricted: No

Statistics

Schedule a Tour

Similar Listings

232 2nd St,Newark City, NJ 07107-3208

789,999 $

2nd St, Newark City, Essex

Beds 9

86 Pennington St,Paterson City, NJ 07501-3138

699,999 $

Pennington St, Paterson City, Passaic

Beds 12

8 Horatio St,Newark City, NJ 07105-4377

699,000 $

Horatio St, Newark City, Essex

Beds 10

124 Spruce St,Bloomfield Twp., NJ 07003-3516

975,000 $

Spruce St, Bloomfield Twp., Essex

Beds 8

562 Tremont Ave,City Of Orange Twp., NJ 07050-1206

789,000 $

Tremont Ave, City Of Orange Twp., Essex

Beds 5

217 Lawrence St,Paterson City, NJ 07501-1130

639,900 $

Lawrence St, Paterson City, Passaic

Beds 6

Write a Review

525,000 $

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik
Compare Properties
Add properties to compare.