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Commercial Sale For Sale

481 William Street, East Orange, NJ 07017

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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!

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
26008746
Price:
$4,299,000
Year Built:
1950's,Renovated
Status:
Active Under Contract
Office Name:
Keller Williams Prosperity Realty
Agent Name:
Rania
Roof:
Flat
Features
Architectural Style:
5+Family
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
East Orange
Zipcode:
07017
Street:
William
Street Number:
481
Street Suffix:
Street
Longitude:
W75° 47' 7.2''
Latitude:
N40° 46' 0.9''
Additional Information
On Market Date:
2026-03-17
Financial
Tax Annual Amount:
81277
Listing Information
List Agent Mls Id:
1004267
List Office Mls Id:
3061
Mls Status:
Under Contract
Modification Timestamp:
2026-05-17T14:23:44Z
Originating System Name:
njmls
Status Change Timestamp:
2026-05-17
Commercial Sale For Sale
Listing ID:
26008746
$4,299,000
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
Email: info@myrealestatemission.com