7 Prospect Ter

East Orange City, NJ 07017


 

Price: $875,000

GSMLS:  4020552
Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 7
Baths: 4 Full
Garage: 2-Car
Year Built: 1930
Acres: 0.11
Property Tax: $15,670
Description
Open House Saturday 1PM–3PM.
An income producing masterpiece has hit the market. This massive three family home features a 6+ car driveway and a two car garage, offering both scale and flexibility. With two units delivered vacant, you have the opportunity to maximize rents or occupy immediately. The property has been meticulously maintained and includes central air and forced hot air throughout. The first floor offers a spacious 3 bedroom, 1 bathroom unit with washer and dryer hookups, the second floor features an even larger 3 bedroom, 2 bathroom layout, and the third unit is a well proportioned 1 bedroom, 1 bathroom. The basement is expansive with high ceilings and endless potential for additional use. Conveniently located near major highways, parks, shopping and more, this is a rare opportunity to own an almost fully vacant multifamily, do not miss it.
General Info
Style:
3-Three Story
SqFt Building:
2,768
Total Rooms:
14
Basement:
Yes - Full
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
50X96
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
1 Car Width, 2 Car Width
Spaces Available:
6
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living Room, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dishwasher, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living Room, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dishwasher, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units
Heating Fuel:
Gas-Natural
Cooling:
3 Units, Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
East Orange City
Neighborhood:
n/a
Financial Considerations
List Price:
$875,000
Tax Amount:
$15,670
Land Assessment:
$73,600
Build. Assessment:
$409,900
Total Assessment:
$483,500
Tax Rate:
3.24
Tax Year:
2025
Listing Information
MLS ID:
4020552
List Date:
04-14-2026
Days On Market:
0
Listing Broker:
KELLER WILLIAMS CITY VIEWS REALTY
Listing Agent:
Oscar Nunez-paz
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TheForgesDenville.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox