Listing Details

156 N 18Th St,East Orange City, NJ 07017-5481

  • March 10, 2026
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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.

Details

Last Updated On: March 10th, 2026 at 8:27 pm
Property ID:PT-31253267-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 715,000 $
Bedrooms:7
Year Built:1910

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 30 X 108
Lot Identifier: 41
Lot Description: Level Lot
Lot Identifier: 41

Home Details

Open Parking: 0
Basement: Yes
Basmnt/Desc: Yes - Full, Unfinished
Acreage: 0.07
Total Baths: 3.00
Unit Style: 3-Three Story, Triplex
Number of Units: 3
Rooms: 13
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: immediate
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Levels: 1
Unit 1 Rooms: 5
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 SqFt: 1252
Unit 1 Rent: 1600
Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
Unit 1 Security Deposit: 1600
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Levels: 1
Unit 2 Rooms: 4
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 SqFt: 1261
Unit 2 Rent: 1740
Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
Unit 2 Security Deposit: 1740
Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Levels: 1
Unit 3 Rooms: 4
Unit 3 Beds: 2
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 3 Handicap: No
Unit 3 SqFt: 720
Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room
Color of Building: Sky Blue
Garage Description: None
Block Identifier: 71
County Number: 16
Town Number: 1605
YB/Desc: 1910 - Standing
Color of Building: Sky Blue
Easement: Unknown
Parking/Driveway Description: On-Street Parking
Block Identifier: 71
County Number: 16
Town Number: 1605
Possession: immediate

Taxes, Fees & Assessments

Expense Include: Cold Water, Garbage Collection
Warranty: No
Tax ID For Property: 1605-00071-0000-00041-0000-
Tax Amount: $13,897.00
Tax Year: 2025
Tax Rate: 3.241%
Tax Rate Year: 2025
Farm Assessment: No
Land Assessment: $63,600.00
Building Assessment: $365,200.00
Total Assessment: $428,800.00
FHA Age Restricted: No

Utilities

Water Heater: Gas
Heat Source: Electric, Gas-Natural
Heat System: 3 Units, Radiators - Steam
Cool System: 3Units,None
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural
Services: Cable TV Available, Fiber Optic Available, Garbage Included

Schools

Grade School: G PARKS
Middle School: P HEALY
High School: E ORANGE

Features

  • Blinds
  • Carbon Monoxide Detector
  • Fire Extinguisher
  • Open Porch(es)
  • Smoke Detector
  • Wood Floors

Statistics

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