Listing Details

491 Norwood St,East Orange City, NJ 07018-1034

  • December 29, 2025

Description

Attention savy investors and first time home buyers. Stunning Income-Generating in East Orange ” Flip Opportunity! Step into this charming 1925-built two-family home, ideally located near transit, parks, and shops. The first-floor unit has the potential to offer 2 bedrooms, a modern eat-in kitchen, luxe hardwood/tile floors, and a spacious living/dining area.The second-floor unit features 3 bedrooms, 1 bath, and attic rooms awaiting your design vision perfect for modern rental demand. Both units have separate utilities and heating, ensuring rental efficiency.Attic and basement each has its own separate entrance which could be renovated into a separate space.Don’t miss your chance to own and flip a versatile, cash-flowing property in an in-demand East Orange neighborhood… Short Sale approved by bank!

Details

Last Updated On: December 29th, 2025 at 5:30 pm
Property ID:PT-23636522-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 499,000 $
Bedrooms:5
Year Built:1925

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 25X100
Lot Identifier: 30
Lot Identifier: 30

Home Details

Open Parking: 0
Basement: Yes
Basmnt/Desc: Yes - Unfinished, Walkout
Acreage: 0.06
Total Baths: 3.00
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 13
Easement/Desc: Unknown
Exterior Description: Aluminum Siding
Roof Description: Asphalt Shingle
Possesion: at closing
Unit 1 Appliances/Equipment: CarbMDet,CookGas,RgOvGas,Refrig,SmokeDet
Unit 1 Levels: 1
Unit 1 Rooms: 6
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room
Unit 2 Appliances/Equipment: CarbMDet,CookGas,RgOvGas,Refrig,SmokeDet
Unit 2 Levels: 1
Unit 2 Rooms: 8
Unit 2 Beds: 3
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 Room Description: Attic, Bedrooms, Eat-In Kitchen, Living/Dining Room, Sunroom
Garage Description: On-Street Parking
Block Identifier: 464
County Number: 16
Town Number: 1605
YB/Desc: 1925 - Approximate
Easement: Unknown
Parking/Driveway Description: None
Block Identifier: 464
County Number: 16
Town Number: 1605
Possession: at closing

Taxes, Fees & Assessments

Warranty: No
Tax ID For Property: 1605-00464-0000-00030-0000-
Tax Amount: $16,088.00
Tax Year: 2024
Tax Rate: 3.141%
Tax Rate Year: 2025
Farm Assessment: No
Land Assessment: $76,900.00
Building Assessment: $435,300.00
Total Assessment: $512,200.00
FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural
Heat System: Radiators - Steam
Cool System: Attic Fan, Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Features

  • Carpeting
  • Vinyl-Linoleum Floors

Statistics

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