For Multi Family

768 Park Ave,East Orange City, NJ 07017-1127

December 19, 2025

Don’t miss this prime investment opportunity! This well-maintained three-family property offers active rental income with all units currently occupied and ideally situated close to schools, laundry facilities, and major mass transportation, ensuring consistent tenant demand. Set on a generous lot, the home features a large, long driveway accommodating up to six cars, plus a massive three-car garage. This property is a rare find that adds significant value for owners and tenants alike. The property also includes a finished basement, providing additional storage, recreation, or potential bonus space. Whether you’re expanding your portfolio or seeking a high-performing asset, this property offers steady cash flow, excellent location appeal, and long-term investment stability. A must-see opportunity for any investor looking for reliability and upside.

Property ID:PT-21340573-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 659,000 $

Bedrooms:7

Year Built:9999

Listing Details

Status: Active

Location

County: Essex

Lotsize: 45X125

Lot Identifier: 16

Lot Description: Level Lot

Lot Identifier: 16

Home Details

Open Parking: 6

Basement: Yes

Basmnt/Desc: Yes - Finished

Acreage: 0.13

Total Baths: 3.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 9

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: Immed

Unit 1 Appliances/Equipment: Range/Oven - Gas, Refrigerator

Unit 1 Levels: 1

Unit 1 Rooms: 4

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas

Unit 1 Handicap: No

Unit 1 Rent: 1600

Unit 1 Room Description: Bedrooms, Kitchen, Living Room

Unit 1 Security Deposit: 1600

Unit 2 Appliances/Equipment: Range/Oven - Gas, Refrigerator

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

Unit 2 Handicap: No

Unit 2 Rent: 1275

Unit 2 Room Description: Bedrooms, Kitchen, Living Room

Unit 2 Security Deposit: 1275

Unit 3 Appliances/Equipment: Range/Oven - Gas, Refrigerator

Unit 3 Levels: 1

Unit 3 Rooms: 4

Unit 3 Beds: 3

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas

Unit 3 Handicap: No

Unit 3 Rent: 1550

Unit 3 Room Description: Bedrooms, Kitchen, Living Room

Unit 3 Security Deposit: 1550

Garage Description: Detached Garage, Garage Parking

Number of Garage Spaces: 3

Block Identifier: 923

County Number: 16

Town Number: 1605

Easement: Unknown

Parking/Driveway Description: 2 Car Width, Driveway-Exclusive, Fencing, Off-Street Parking

Block Identifier: 923

County Number: 16

Town Number: 1605

Possession: Immed

Taxes, Fees & Assessments

Expense Include: Cold Water, Insurance, Maintenance, Taxes

Warranty: No

Tax ID For Property: 1605-00923-0000-00016-0000-

Tax Amount: $12,149.00

Tax Year: 2024

Tax Rate: 3.141%

Tax Rate Year: 2025

Farm Assessment: No

Land Assessment: $73,400.00

Building Assessment: $313,400.00

Total Assessment: $386,800.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: 3 Units

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

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Listing Details

768 Park Ave,East Orange City, NJ 07017-1127

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