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332 Amherst St

East Orange City, NJ 07018
  • $600,000
  • STATUS: Active Under Contract
  • ON SITE: 49 Days
  • MLS #: 3942847
UPDATED: 24 min ago
$600,000
  • 9
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

This high-income-producing 2-unit property is a fantastic opportunity for investors or FHA buyers, generating $6,300 per month in rental income. Tenants pay for heat and hot water, maximizing your net returns, and one lease is month-to-month, offering flexibility for new owners. The property includes five parking spots, which can be rented out for additional income, and both units are equipped with new appliances and in-unit washers and dryers, providing modern conveniences for tenants. Whether you're looking to expand your investment portfolio or live in one unit while collecting rent from the other, this property is a smart choice. Don't miss out on this opportunity!

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-03-15T06:47:02.937.
www.pickpina.com/homes/159707614
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332 Amherst St East Orange City, NJ 07018

  • Price: $600,000
  • Status: Active Under Contract
  • On Site: 49 Days
  • Updated: 24 min ago
  • MLS #: 3942847
9
Beds
2
Baths
0
½ Baths
0.11
Acres
1920
Built
County:
Essex
Area:
East Orange City
Property Description
This high-income-producing 2-unit property is a fantastic opportunity for investors or FHA buyers, generating $6,300 per month in rental income. Tenants pay for heat and hot water, maximizing your net returns, and one lease is month-to-month, offering flexibility for new owners. The property includes five parking spots, which can be rented out for additional income, and both units are equipped with new appliances and in-unit washers and dryers, providing modern conveniences for tenants. Whether you're looking to expand your investment portfolio or live in one unit while collecting rent from the other, this property is a smart choice. Don't miss out on this opportunity!
Exterior Features

Approximate Lot Size 50X100 Exterior Description See Remarks Garage Description See Remarks Number Of Parking Spaces 5 Parking Driveway Description See Remarks Roof Description See Remarks

Interior Features

Basement Yes Basement Description Unfinished Cooling See Remarks Heating See Remarks Total Number Of Rooms 13 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 4 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomKitchenLiving Room Unit1 Rooms 7 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment See Remarks Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description AtticBedroomsDining RoomKitchenLiving Room Unit2 Rooms 6 Unit2 Sq Ft 0

Property Features

Assessment Total 518900 Building Assessment 436900 Easement Unknown Fha Age Restricted No Fuel Type See Remarks Gross Operating Income 0 Land Assessment 82000 Net Operating Income 0 Renovated Year 2024 Sewer Public Sewer Tax Amount 16220 Tax Rate Amount 3.141 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style See Remarks Unit1 Owner Tenant Pays Tenant Pays HeatTenant Pays Water Unit1 Rent 3150 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays HeatTenant Pays Water Unit2 Rent 0 Unit2 Security Deposit 0 Utilities See Remarks Water Public Water Year Built Description Renovated

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 551-202-3119.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-03-15T06:47:02.937.
 
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Pina Nazario, Coldwell Banker Residential Brokerage
789 Clifton Avenue
Clifton NJ, 07013