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Residential Income For Sale

31 Chestnut Street, East Orange, NJ 07018

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Property Description

Don’t miss this opportunity to own a 3-unit multifamily property, each unit featuring 2 bedrooms and 1 full bathroom, along with separate entrances and proper egress for all units—ideal for both investors and owner-occupants. This property offers a functional layout and solid income potential, complemented by separate utilities, allowing for efficient management and expense control. A major highlight is the expansive parking area, providing ample off-street parking for multiple vehicles—a rare and valuable feature for tenants and owners alike. Perfect for those looking to house hack or expand their investment portfolio. Live in one unit while generating rental income from the others, or lease all three for maximum return. With the right strategy, this property presents an excellent opportunity to increase rents, build equity, and maximize cash flow over time. This property is ideal for house hackers, buy-and-hold investors, and those looking to scale a multifamily portfolio. Flexible use, strong fundamentals, and long-term upside make it a property worth exploring.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
26009862
Price:
$569,000
Status:
Active Under Contract
Office Name:
EXP Realty, LLC
Agent Name:
Shawn
Features
Architectural Style:
3 Family
Laundry Features:
None
Utilities:
O/See Rmks
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
East Orange
Zipcode:
07018
Street:
Chestnut
Street Number:
31
Street Suffix:
Street
Longitude:
W75° 47' 9.8''
Latitude:
N40° 45' 31.7''
Additional Information
On Market Date:
2026-03-26
Garage:
1
Financial
Tax Annual Amount:
3241
Listing Information
Co List Agent Mls Id:
464348
List Agent Mls Id:
1021266
List Office Mls Id:
2847
Mls Status:
Under Contract
Modification Timestamp:
2026-07-16T14:24:46Z
Originating System Name:
njmls
Status Change Timestamp:
2026-06-15
Residential Income For Sale
Listing ID:
26009862
$569,000
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
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