4-family multifamily property offering income potential, owner-occupant flexibility, and future upside in a commuter-friendly East Orange location approximately 8 minutes from the East Orange NJ Transit station with direct access to NYC Penn Station. Three of the four units have been updated, while one unit offers value-add potential for renovation and future rental growth. Property will be delivered vacant, creating opportunities for investors, owner-occupants, furnished rental operators, or buyers seeking a live-in investment property. Features include an unfinished walk-up attic with potential expansion opportunities. Buyers may explore the possibility of incorporating the attic into an upper unit to create additional living space while maintaining the current 4-family layout, subject to municipal approvals and buyer due diligence. The oversized lot includes 8 detached garages in two separate structures, offering additional storage, parking, or income potential in a densely populated neighborhood where off-street parking is increasingly valuable. Property may also offer future subdivision possibilities, subject to municipal approvals and buyer due diligence. Conveniently located near public transportation, Route 280 and Garden State Parkway, shopping, parks, and ongoing redevelopment activity.
Listed By
Agency Name: KELLER WILLIAMS - NJ METRO GROUP
Agency Contact: 973-783-7400
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimated Payment
$ 4,117.20 per month $2,114.07 Principal & Interest $1,726.08 Property Tax $277.05 Homeowner's Insurance
222 William St | MLS# 4027309
This multi-family property located at 222 William St, East Orange, NJ 07017 is currently listed for sale with an asking price of $949,900. Search East Orange real estate on www.realtymarkllc.com today.