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    12-Unit Multifamily Property
    Updated: Jul 2
    12-Unit Multifamily Property

    492 Conover Terrace, City of, Orange, NJ 07050

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    Multifamily property with 12 residential units
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    See what stands out in Essex County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Orange, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    East Orange Multifamily Property
    East Orange Multifamily Property

    98 Ashland Ave, East Orange, NJ 07017

    $559,000
    2,775 sqft

    Three-story multifamily property with seven bedrooms and three bathrooms.

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    8-Unit Multifamily Income Property
    8-Unit Multifamily Income Property

    42-46 Smith St, Newark, NJ 07106

    $800,000
    0.17 AC lot

    Fully occupied 8-unit multifamily property on an oversized lot with month-to-month tenancies.

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    Turn-Key Lounge and Bar
    Turn-Key Lounge and Bar

    428 Central Avenue, East Orange, NJ 07018

    $1,500,000
    7,500 sqft

    East Orange lounge and bar with plenary retail consumption license.

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    Newark Multifamily Investment Opportunity
    Newark Multifamily Investment Opportunity

    773-775 Sanford, Newark, NJ 07106

    Contact for pricing

    12-unit property with 7.25% cap rate and appreciation potential.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

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    Orange, NJ Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Orange, NJ on our real estate platform.

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    Demographics Overview

    Population 34K
    Population Growth (5Y) +11.7%
    Median Household Income $53,109
    College Educated 14.1%

    Taxes & Financing

    Tax Rate (average for all types) 3.51%
    Property Tax per SF $14.50 per SF
    Tax Rate vs County Average 0.45 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

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