31 Chestnut St
East Orange City, NJ 07018
Price: $569,000
GSMLS: 4016907Type: Multi-Family
Style: Triplex
Total Units: 3
Beds: 6
Baths: 3 Full
Garage: 1-Car
Year Built: Unknown
Acres: 0.25
Property Tax: $12,364
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.
General Info
Style:
Triplex
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Full, Unfinished
Interior:
Blinds
Roof:
Asphalt Shingle
Exterior:
Metal Siding
Lot Size:
72X150
Lot Desc:
n/a
Parking
Garage Capacity:
1-Car
Description:
Detached Garage
Parking:
See Remarks
Spaces Available:
3
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm,InstHotW,Microwav,RgOvGas,Refrig,SmokeDet
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room, See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm,InstHotW,Microwav,RgOvGas,Refrig,SmokeDet
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room, See Remarks
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,FireAlrm,InstHotW,Microwav,RgOvGas,Refrig,SmokeDet
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Radiators - Hot Water
Heating Fuel:
See Remarks
Cooling:
See Remarks
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
East Orange City
Neighborhood:
n/a
Financial Considerations
List Price:
$569,000
Tax Amount:
$12,364
Land Assessment:
$64,900
Build. Assessment:
$316,600
Total Assessment:
$381,500
Tax Rate:
3.24
Tax Year:
2025
Listing Information
MLS ID:
4016907
List Date:
03-26-2026
Days On Market:
0
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Shawn Mcenteer
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: SeasonsGlenCondos.com
