156 Elmwood Avenue, East Orange, NJ 07018

• 4 beds |
• 5 baths

Property Description

INVESTOR ALERT Grand FOUR-unit on a corner lot with strong rent-growth potential and classic architectural details. Configured as three spacious 1BRs and one studio, the building sits proudly with lots of windows, bright rooms, high ceilings, and a sweeping grand staircase that makes an immediate impression. Three units are vacant ideal for quick cosmetic updates and immediate leasing; the fourth is a well-maintained 1BR on month-to-month, allowing flexible repositioning. The studio stands out with a gorgeous fireplace and private porch a premium renter magnet. The 1st-floor 1BR has a private entrance and direct, exclusive access to the full basement, perfect for an end user, added storage income, or laundry convenience. The basement includes laundry hook-ups plus abundant storage, and a large walk-up attic offers finish potential (buyer to verify). Driveway parking for approx. six cars. Separate gas & electric. Neighborhood momentum is real this pocket has seen significant new development, supporting future appreciation and tenant demand. Location checks every box: close to schools, shopping, parks, major highways, and NYC train/bus. Perfect for house-hackers, end users, and long-term buy-and-hold investors seeking cap-rate expansion.

Listing Status:

Active

Date Added:

October 20, 2025 at 05:00AM

Listing Office:

Corcoran Sawyer Smith : 201-653-8000

Listing Agent:

Marina Fridman Rybner : 908-379-8222

MLS ID:

25037541

Interior

• Rooms: 11
• Laundry: Basement

Location

• County: ESSEX

Utilities

• Utilities: O/See RmksSep ElecSep Gas

This listing courtesy of Marina Fridman Rybner, Corcoran Sawyer Smith