Listing Details

88 Riggs Pl,West Orange Twp., NJ 07052-5269

  • March 7, 2026

Description

Location, location! Exceptional investment opportunity for a three-family home in the heart of West Orange. Priced to sell!! First floor tenant moving out end of March-other units are occupied- great tenants, separate leases, ensuring steady income. Private parking located in the rear adds convenience and value.

Details

Last Updated On: March 7th, 2026 at 8:27 pm
Property ID:PT-30927201-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 625,000 $
Bedrooms:8
Year Built:1916

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 35X125
Lot Identifier: 38.01
Lot Description: Level Lot
Lot Identifier: 38.01

Home Details

Open Parking: 4
Basement: Yes
Basmnt/Desc: Yes - Unfinished
Acreage: 0.10
Total Baths: 3.00
Unit Style: 3-Three Story
Number of Units: 3
Rooms: 14
Easement/Desc: Unknown
Exterior Description: Stucco
Roof Description: Asphalt Shingle
Possesion: P O T
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Levels: 1
Unit 1 Rooms: 6
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 Lease Expire: 2027-01-31
Unit 1 Rent: 1770
Unit 1 Room Description: Bedrooms, Kitchen
Unit 1 Security Deposit: 2475
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Kitchen Exhaust Fan, 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 Rent: 1600
Unit 2 Room Description: Bedrooms, Kitchen, Living Room, Pantry, Sunroom
Unit 2 Security Deposit: 2400
Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
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, Tenant Pays Heat
Unit 3 Handicap: No
Unit 3 Rent: 1130
Unit 3 Room Description: Bedrooms, Kitchen
Unit 3 Security Deposit: 2000
Block Identifier: 22
County Number: 16
Town Number: 1622
YB/Desc: 1916 - Approximate
Easement: Unknown
Block Identifier: 22
County Number: 16
Town Number: 1622
Possession: P O T

Taxes, Fees & Assessments

Gross Operating Income: 56000
Net Operating Income: 33028
Expense Include: Hot & Cold Water, Insurance, Maintenance, Taxes
Warranty: No
Tax ID For Property: 1622-00022-0000-00038-0001-
Tax Amount: $11,944.00
Tax Year: 2024
Tax Rate: 4.684%
Tax Rate Year: 2024
Farm Assessment: No
Land Assessment: $206,300.00
Building Assessment: $299,400.00
Total Assessment: $505,700.00
FHA Age Restricted: No

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: Radiators - Hot Water
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Services: Cable TV, Garbage Included

Schools

Grade School: HAZEL AVE
Middle School: ROOSEVELT
High School: W ORANGE

Features

  • Blinds
  • Carbon Monoxide Detector
  • Curbs
  • Enclosed Porch(es)
  • Fire Extinguisher
  • Metal Fence
  • Open Porch(es)
  • Sidewalk
  • Smoke Detector
  • Tile Floors
  • Wood Floors

Statistics

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