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$ 778,000
Est. payment | /mo
5 Beds
3 Baths
2,430 SqFt
$ 778,000
Est. payment | /mo
5 Beds
3 Baths
2,430 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,430 sqft
Price per Sqft $320
MLS Listing ID 4064177
Style 3-Three Story, Triplex
Bedrooms 5
Full Baths 3
Year Built 1928
Annual Tax Amount $15,247
Tax Year 2025
Lot Size 3,920 Sqft
Property Description
Three-family income property one block from the Watsessing Avenue NJ Transit station, delivering immediate value-add upside in one of Essex County's strongest workforce rental markets. Maintained by a long-tenured owner, the three-story building offers two spacious 2BR/1BA units on floors one and two each with a flexible back room that functions as a den, home office, or third bedroom plus a renovated 1BR/1BA on the third floor, all on month-to-month leases. Utilities are fully separated per unit. The property includes an exclusive six-car driveway along with individual washer/dryer hookups and dedicated storage for each unit in the basement. With 2BR units directly across the street trading at $2,300/month, the rent upside is confirmed, not projected. A clean value-add play for the self-managing investor or owner-occupant ready to capture day-one income growth. All stated income amounts are proforma. All Regulatory and Compliance Requirements are Satisfied: NJ DCA Certificate: Current & Compliant Multiple Dwelling Registration (#0702016885) Lead Safe Certificate #LC-24-0926 Fire Escape has 5-Year Structural PE Certification (#OFE-2026-3543, valid through Oct 6, 2031)
Location
State NJ
County Essex
Zoning R-2B
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Garage No
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story, Triplex
Schools
Elementary Schools Watsessing
Middle Schools Bloomfield
High Schools Bloomfield
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by FAIRCLOUGH REALTORS