126 Chestnut St, East Orange City, NJ 07018
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126 Chestnut St, East Orange City, NJ 07018
126 Chestnut St, East Orange City, NJ 07018
126 Chestnut St, East Orange City, NJ 07018
126 Chestnut St, East Orange City, NJ 07018
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$ 510,000
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126 Chestnut St East Orange City, NJ 07018

6 Beds

2.5 Baths

3,049 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4023521

Style 3-Three Story

Bedrooms 6

Full Baths 2

Half Baths 1

Year Built 1920

Annual Tax Amount $10,692

Tax Year 2025

Lot Size 3,049 Sqft

Property Description

Exceptional 2-family investment opportunity 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.

Location

State NJ

County Essex

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Garage No

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS - NJ METRO GROUP

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126 Chestnut St