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38 Franklin Ave

West Orange Twp., NJ 07052
  • $900,000
  • STATUS: Active Under Contract
  • ON SITE: 131 Days
  • MLS #: 3934250
UPDATED: 41 min ago
$900,000
  • 8
    BEDS
  • 0.1
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1920
County:
Essex
Area:
West Orange Twp.

School Information

Elementary School:
Washington
Middle School:
Edison
High School:
W Orange
School Ratings & Info

Description

This is a fantastic investment opportunity located in beautiful West Orange. It is just a few blocks from downtown West Orange and a few minutes from downtown Montclair. It is conveniently located near schools, shops, and houses of worship. Unit 2 was recently updated, the other 3 units were updated in 2021. Each unit comes with a huge storage locker in the basement. Basement also has a large office with a full bathroom. This home is fully occupied with great tenants, Unit 2 will be rented on 12/1/24.

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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 2025-03-25T11:46:37.933.
www.pickpina.com/homes/157821314
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38 Franklin Ave West Orange Twp., NJ 07052

  • Price: $900,000
  • Status: Active Under Contract
  • On Site: 131 Days
  • Updated: 41 min ago
  • MLS #: 3934250
8
Beds
5
Baths
0
½ Baths
0.1
Acres
1920
Built
County:
Essex
Area:
West Orange Twp.
Elementary School:
Washington
Middle School:
Edison
High School:
W Orange
Property Description
This is a fantastic investment opportunity located in beautiful West Orange. It is just a few blocks from downtown West Orange and a few minutes from downtown Montclair. It is conveniently located near schools, shops, and houses of worship. Unit 2 was recently updated, the other 3 units were updated in 2021. Each unit comes with a huge storage locker in the basement. Basement also has a large office with a full bathroom. This home is fully occupied with great tenants, Unit 2 will be rented on 12/1/24.
Exterior Features

Approximate Lot Size 40X108 Exterior Description Aluminum Siding Exterior Features Patio Garage Description On-Street Parking Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description Full Cooling NoneWallUnit Heating Radiators - Steam Total Number Of Rooms 16 Unit1 Appliances Equipment CarbMDetCookGas Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 0 Unit4 Appliances Equipment CarbMDetCookGas Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description BedroomsKitchenLiving Room Unit4 Rooms 4 Unit4 Sq Ft 0

Property Features

Assessment Total 323400 Building Assessment 234800 Easement No Exclusions Refrigerators in Units 134 belong to tenants Expenses Include Hot & Cold Water Farm Assessment No Fha Age Restricted No Fuel Type OilAbOut Gross Operating Income 0 Home Warranty No Land Assessment 88600 Net Operating Income 0 Sewer Public Sewer Tax Amount 14869 Tax Rate Amount 4.598 Tax Rate Year 2024 Tax Year 2023 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays Electric Unit1 Rent 1825 Unit2 Handicap Modified No Unit2 Lease Expiration 2025-11-30 Unit2 Owner Tenant Pays Owner Pays Electric Unit2 Rent 2100 Unit2 Security Deposit 3150 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays Electric Unit3 Rent 1725 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays Electric Unit4 Rent 1725 Unit4 Security Deposit 0 Utilities Electric Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams Mid-Town Direct: 917-376-4090.


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 2025-03-25T11:46:37.933.
 
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