549 Prospect St

    East Orange City, NJ 07017
    • $529,000
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: 3601093
    UPDATED: 133 min ago
    $529,000
    • 6
      BEDS
    • 0.16
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    8.5 CAP newly renovated 4 family less than 100 feet from the Bloomfield border! This cash cow features modern design standards and offers off-street parking for it's tenants. Massive cash flow potential with this 8.5 CAP 4 family! Take part in the rejuvenation of East Orange with large-scale projects breaking ground in all directions. Luxury projects are being build in both East Orange and Bloomfield (100 feet away) and are driving the market forward! Take a tour now! Fully renovated with new kitchens and baths. Off-street parking and a garage generating $110 / month in storage income! A MAJOR cash cow!

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    © 2019 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 2019-12-11T14:46:42.48.
    www.sellwithsikora.com/homes/100947377

    549 Prospect St East Orange City, NJ 07017

    • Price: $529,000
    • Status: Active
    • Updated: 133 min ago
    • MLS #: 3601093
    6
    Beds
    4
    Baths
    0
    ½ Baths
    0.16
    Acres
    1925
    Built
    County:
    Essex
    Area:
    East Orange City
    Property Description
    8.5 CAP newly renovated 4 family less than 100 feet from the Bloomfield border! This cash cow features modern design standards and offers off-street parking for it's tenants. Massive cash flow potential with this 8.5 CAP 4 family! Take part in the rejuvenation of East Orange with large-scale projects breaking ground in all directions. Luxury projects are being build in both East Orange and Bloomfield (100 feet away) and are driving the market forward! Take a tour now! Fully renovated with new kitchens and baths. Off-street parking and a garage generating $110 / month in storage income! A MAJOR cash cow!
    Exterior Features

    Approximate Lot Size 50X138 Exterior Description Vinyl Siding Garage Description On SiteDetached Garage Number Of Parking Spaces 4 Parking Driveway Description GravelBlacktop Roof Description Flat

    Interior Features

    Basement Yes Basement Description Unfinished Cooling None Heating 4 UnitsBaseboard - Hotwater Total Number Of Rooms 12 Unit1 Appliances Equipment Carbon Monoxide DetectorSmoke DetectorRange/Oven - Gas Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description KitchenLiving/Dining RoomBedroomsMaster Bedroom Unit1 Rooms 2 Unit1 Security Deposit 1950 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorSmoke DetectorRange/Oven - Gas Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description KitchenLiving/Dining RoomBedroomsMaster Bedroom Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description KitchenLiving/Dining RoomBedroomsMaster Bedroom Unit3 Rooms 2 Unit3 Sq Ft 0 Unit4 Appliances Equipment Carbon Monoxide DetectorSmoke DetectorRange/Oven - Gas Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description KitchenLiving/Dining RoomBedroomsMaster Bedroom Unit4 Rooms 4 Unit4 Sq Ft 0

    Property Features

    Assessment Total 207600 Building Assessment 145800 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 63180 Land Assessment 61800 Net Operating Income 44972 Renovated Year 2019 Sewer Public Sewer Tax Amount 11071 Tax Rate Amount 5.333 Tax Rate Year 2018 Tax Year 2018 Total Operating Expense 18208 Unit Style Fourplex Unit1 Lease Expiration 2020-05-31 Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit1 Rent 1300 Unit2 Handicap Modified No Unit2 Lease Expiration 2020-04-07 Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit2 Rent 1250 Unit2 Security Deposit 1875 Unit3 Handicap Modified No Unit3 Lease Expiration 2020-04-06 Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit3 Rent 1300 Unit3 Security Deposit 1950 Unit4 Handicap Modified No Unit4 Lease Expiration 2020-04-10 Unit4 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatOwner Pays Water Unit4 Rent 1300 Unit4 Security Deposit 1950 Utilities ElectricGas In Street Water Public Water Year Built Description Renovated

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Realmart Realty.


    © 2019 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 2019-12-11T14:46:42.48.
     
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