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Asking Price - $599,900
Days on Market - 17
550 Norwood Street
East Orange City, NJ 07018
Featured Agent
EveryHome Agent
Asking Price
$599,900
Days on Market
17
Bedrooms
7
Full Baths
3
Partial Baths
0
Acres
0.06
Lot Dimensions
2500 Sqft
Age
101
Heating
Electric
Cooling
N/A
Water
Private
Garages
1
Basement
Full
Taxes (2025)
$12,322
Parking
None
Additional Details Below
EveryHome Agent
Views: 8
Featured Agent
EveryHome Realtor
Description
Excellent opportunity for both investors and owner-occupants! This well-maintained multi-unit property features three units, consisting of two 3-bedroom units and one 1-bedroom unit, offering strong rental potential and flexibility. Perfect for a buyer looking to live in one unit while generating income from the others.The two 3-bedroom units are spacious and very well maintained, reflecting consistent upkeep throughout ownership. The entire property has no major issues, with all mechanicals in good working condition, making this a true turnkey investment.Projected fair market rents for all three units exceed $7,000 per month, offering investors the potential for over a 10% cap rate. This makes it an ideal addition to any portfolio or a high-performing first investment.Additional highlights include a full basement providing ample storage or potential for additional use. The layout and unit mix make this a prime long-term hold or house-hack opportunity.Don't miss your chance to own a solid, income-producing property in a desirable market.
Location
Driving Directions
Located in the Elmwood neighborhood of East Orange, near the Garden State Parkway and Park Ave.
Listing Details
Summary
Architectural Type
•Colonial
Interior Features
Basement
•Full, Unfinished
Rooms List
•Kitchen: Eat-In Kitchen
Miscellaneous
Lattitude : 40.74717
Longitude : -74.22774
Listed By: of EXP REALTY, LLC
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Notes
Page: © 2026 EveryHome, Realtors, All Rights Reserved.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. 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.
Presentation: © 2026 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the New Jersey Real Estate Commission - License 0901599
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
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