Photo of 550 Norwood Street, East Orange City NJ
     
550 Norwood Street
East Orange City, NJ 07018
East Orange City
East Orange
Essex County
Asking Price$599,900
Bedrooms7
Full Baths3
Partial Baths0
Acres0.06
Lot Dimensions2500 Sqft
Age101
HeatingElectric
Cooling 
WaterPrivate
Garages1
BasementFull
Taxes (2025)$12,322
ParkingNone

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.

Room Sizes

Location


Driving Directions
Located in the Elmwood neighborhood of East Orange, near the Garden State Parkway and Park Ave.

Details
Architectural Type - Colonial
Basement - Full, Unfinished
Appliances - Refrigerator
Rooms List - Kitchen: Eat-In Kitchen
Water - Private

Notes
Page: © 2026 EveryHome, Realtors, All Rights Reserved.
Data: © 2026 TREND, All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EveryHome participates, and is provided by TREND through a licensing agreement.
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.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555

Assessment : 380200
Latitude : 40.74717
Longitude : -74.22774
EveryHome Number : 018204-42026
Listing Courtesy EXP REALTY, LLC
Zoning Designation