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481 William St

East Orange City, NJ 07017
  • $4,299,000
  • STATUS: Active Under Contract
  • ON SITE: 174 Days
  • MLS #: 4014919
Under Contract
$4,299,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1955
County:

School Ratings & Info

Description

This superb investment FOUR story brick 26 UNIT building offering 15 one bedroom units and 11 two bedroom units is nestled in prime location, surrounded by many new constructions as large redevelopments are happening very quickly in this vicinity. Property is well maintained. Boiler and hot water heater under 5 years old. Elevator 2006, roof redone multiple times since ownership, last update 2018. Most rentals are below market value and have much more potential. 4 units are in process of renovation, will be rented during contract at new market value. ALL units have been renovated in full 20 years ago, and many were renovated prior to getting re-rented. All units are in great condition. Super on premises. Security cameras are all in place and included in the sale. Located few mins from the train station and nestled between the Garden State Parkway and Route 280, super convenient! Most rentals are below market value. The current income is great, and the potential income is hard to pass! Call for details.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-07T23:48:39.373.
www.sellwithsikora.com/homes/174170839
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481 William St East Orange City, NJ 07017

  • Price: $4,299,000
  • Status: Active Under Contract
  • On Site: 174 Days
  • MLS #: 4014919
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1955
Built
County:
Essex
Area:
East Orange City
Property Description
This superb investment FOUR story brick 26 UNIT building offering 15 one bedroom units and 11 two bedroom units is nestled in prime location, surrounded by many new constructions as large redevelopments are happening very quickly in this vicinity. Property is well maintained. Boiler and hot water heater under 5 years old. Elevator 2006, roof redone multiple times since ownership, last update 2018. Most rentals are below market value and have much more potential. 4 units are in process of renovation, will be rented during contract at new market value. ALL units have been renovated in full 20 years ago, and many were renovated prior to getting re-rented. All units are in great condition. Super on premises. Security cameras are all in place and included in the sale. Located few mins from the train station and nestled between the Garden State Parkway and Route 280, super convenient! Most rentals are below market value. The current income is great, and the potential income is hard to pass! Call for details.
Exterior Features

Approximate Lot Size 55X149 Available Parking Spaces 0 Construction Brick/BlockWood Exterior Description Brick/Block Location FreestandingResidential AreaSee Remarks Number Of Bays 0 Number Of Docks 0 Parking Driveway Description None Roof Description Flat

Interior Features

Basement Yes Basement Description Finished-PartiallyFull Cooling See Remarks Equipment Available AppliancesFire AlarmFixturesPassenger Elevator(s)Security SystemSee RemarksSmoke DetectorStorage Area(s) Heating 1 Unit Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 27 Office Sq Ft 0

Property Features

Building Number 481 Expenses Include ElectricityGas/OilInsuranceMaintenance - ExteriorMaintenance - InteriorPayrollTaxesWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 81277 Tax Rate Amount 3.241 Tax Rate Year 2025 Tax Year 2025 Utilities ElectricGas-Natural Utilities Paid By Landlord Water Public Water Year Built Description Approximate Zoning Residential

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-696-0077.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-07T23:48:39.373.
 
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eXp Realty
28 Valley Rd Suite 1
Montclair NJ, 07042