Apartment Building

West Orange, NJ Apartment Buildings for Sale

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Multifamily Building with Six Units
Updated: Jul 13
Multifamily Building with Six Units

61-63 Chestnut Street, West Orange, NJ 07052

$1,250,000
6,615 sqft 0.11 AC lot
Three‑story multifamily building (built 1915) with 6 total rental units
Unit mix: five 2‑bedroom/1‑bath units plus one 1‑bedroom/1‑bath unit
6,615 sq ft gross living area on a 0.11‑acre parcel
Four off‑street parking spaces
Located at 61‑63 Chestnut Street in West Orange, NJ
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in West Orange, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 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.

Mixed-Use Property with Restaurant Lease
Mixed-Use Property with Restaurant Lease

571 Bloomfield Ave, Montclair, NJ 07042

$3,500,000
10,000 sqft

Mixed-use property featuring a restaurant and six apartments.

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East Orange Multifamily Investment Opportunity
East Orange Multifamily Investment Opportunity

214 Glenwood Avenue, East Orange, NJ 07017

$8,200,000
70,520 sqft

45-unit apartment building near transit and employment centers.

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Six-Unit Multifamily Property
Six-Unit Multifamily Property

44 Gates Ave, Montclair, NJ 07042

$1,990,000

Six-unit residential income building with four garage bays and on-site laundry hook ups.

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East Orange Multifamily House
East Orange Multifamily House

98 Ashland Ave, East Orange, NJ 07017

$559,000
0.14 AC lot

Multifamily house with seven bedrooms and three full bathrooms.

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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 Residence
Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in West Orange, NJ

Consider similar Off-Market properties in West Orange, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

19 Freeman St
APARTMENT HOUSE (UNDER 5 UNITS)

19 Freeman St, West Orange, NJ 07052-5127

$570,000
Estimated value
2,975 sqft 0.14 AC lot
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12 Mitchell St
APARTMENT HOUSE (UNDER 5 UNITS)

12 Mitchell St, West Orange, NJ 07052-5158

$585,000
Estimated value
2,516 sqft 0.09 AC lot
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West Orange, NJ Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in West Orange, NJ on our real estate platform. These investment opportunities span a total of 6,615 square feet of properties for sale, with an estimated market value of $1,250,000.

Sale prices for two-family homes in West Orange, NJ start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 48K
Population Growth (5Y) +2.4%
Median Household Income $131,456
College Educated 76.0%

High-Yield Neighborhoods for Investment

Identify West Orange submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07052 $1.1M

Taxes & Financing

Tax Rate (average for all types) 4.51%
Property Tax per SF $13.78 per SF
Tax Rate vs County Average 1.44 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

Property Size Breakdown

The majority of commercial real estate listings in West Orange fall within the 100,000+ square foot range.

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