$699,000

156 Elmwood Avenue, East Orange, NJ 07018

  • 4 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

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
  • Rooms: 11
  • Laundry: Basement
  • County: ESSEX
  • Utilities: O/See RmksSep ElecSep Gas

This listing courtesy of Marina Fridman Rybner, Corcoran Sawyer Smith

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Langston Hughes Elementary School

160 Rhode Island Ave, East Orange, NJ, 07018

Grades PK-5

0.12 miles away

C

Cicely L. Tyson Community Middle/High School

35 Winans St, East Orange, NJ, 07017

Grades 6-12

0.81 miles away

C

Cicely L. Tyson Community Middle/High School

35 Winans St, East Orange, NJ, 07017

Grades 6-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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