Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 6-bedroom, 3-bathroom residential multi family at 31 Chestnut St in East Orange City, NJ is listed for $569,000. Built in 1925, on a 0.25 acres lot.
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.
Key Features
- Built in 1925
- 0.25 acre lot
- 3 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$3,043/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
31 Chestnut St
East Orange City, NJ 07018-3053
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Heating
Questions & Answers
This 6-bedroom, 3-bathroom residential multi family at 31 Chestnut St is listed at $569,000. The estimated monthly payment is $2,466 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.25 acre lot, 3 parking spaces. Interior Features: Blinds. Exterior Features: Open Porch(es).
This property is listed by SHAWN MCENTEER and can be reached at 8662016210 or NJ.Broker@eXpRealty.net.
