156 N 18th St

East Orange City, NJ 07017


 

Price: $670,000

GSMLS:  4037416
Type: Multi-Family
Style: 3-Three Story, Triplex
Total Units: 3
Beds: 8
Baths: 3 Full
Garage: No
Year Built: 1910
Acres: 0.07
Property Tax: $13,897
Description
Three income streams. One address. Day-one cash flow.This 3,233 sq ft East Orange triplex has been generating rent for over a century ? and it's built to keep going. Two tenants are already in place. The third unit comes delivered vacant at closing, giving you immediate control: set your price, select your tenant, and push rents to market rate from day one.Each floor operates as a fully independent unit with separate furnaces, hot water heaters, and electric meters. Tenants cover their own gas and electric. Your exposure is water and sewer ? and that's it. That's the structure disciplined investors look for.Current rents on units 1 and 2 are below market. That's not a liability ? that's runway. It's a clear, documented path to increased NOI without touching your renovation budget. Add a full unfinished basement for storage upside, two outdoor porches that attract and retain quality tenants, and fiber optic service throughout, and the operational picture is strong.East Orange is a commuter market. NJ Transit access, proximity to Newark, and easy routes to Manhattan are features your tenants will pay for every month ? year after year.Don't sit on this one. Below-market rents on a property this size move fast once the right investor finds it.
General Info
Style:
3-Three Story, Triplex
SqFt Building:
3,233
Total Rooms:
14
Basement:
Yes - Full, Unfinished
Interior:
Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
30X108
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None, On-Street Parking
Parking:
None, On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,KitExhFn,RgOvElec,Refrig,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,KitExhFn,RgOvElec,Refrig,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
1
Appliances:
CarbMDet,CookGas,RgOvElec,Refrig,SmokeDet
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, Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
3Units,None
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV, Fiber Optic Available
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:
$670,000
Tax Amount:
$13,897
Land Assessment:
$63,600
Build. Assessment:
$365,200
Total Assessment:
$428,800
Tax Rate:
3.24
Tax Year:
2025
Listing Information
MLS ID:
4037416
List Date:
06-27-2026
Days On Market:
1
Listing Broker:
KELLER WILLIAMS REAL ESTATE
Listing Agent:
Cardwell Thaxton
 

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