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    312 Rhode Island Ave East Orange, NJ 07018

    For Sale
    $785,000

    4 Family - East Orange, NJ

    Property size:
    3,326 SF
    Days on Market:
    36
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 312 Rhode Island Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    0500743000000029
    Parking features
    Carport, Garage, Paved or Surfaced
    Size
    3,326 SF

    Building Details

    Year built
    1930
    Architectural style
    Other

    Keller Williams Elite, Realtors (732) 549-1998 [email protected]

    Listing agent CELADAWN REID (732) 549-1998

    Listing date Oct 31, 2025

    MLS# 2606506R Listing URL

    Copyright © 2025 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Orange Multi-Unit Opportunity

    This multi-unit property in East Orange features two homes on one lot. The front building is a three-family home, with each unit offering one bedroom. It features a newer roof, new furnace, and new hot water tank. The rear property includes two additional units: a first-floor one-bedroom and a spacious three-bedroom apartment on the second floor, plus an attached oversized two-car garage. Ample parking is available for up to five additional vehicles. The property is suitable for investors, owner-occupants seeking rental income, or a multi-generational family. It is conveniently located near transportation, shopping, and schools. The property size is 3326 square feet and is located in Essex County, New Jersey.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2277604
    Latitude
    40.7546139

    Nearby Similar for Sale

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      East Orange Multi-Family Home

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      Three-Story Multifamily Property

      Three-story multifamily property in good condition with cash flow potential.
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      Multi-Family in East Orange City

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    • $900,000
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      Well-Maintained Four-Family Property

      Four-unit property with strong rental income potential in East Orange.
      277 S Clinton St, East Orange, NJ 07018
      View Details

    FAQs

    What type of property is this?
    Quadplex - Two homes on one lot, great income potential!
    Where is this quadplex located?
    The property is located at 312 Rhode Island Ave East Orange, NJ.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: - Two Homes on One Lot: Unique multi-unit property offering diverse living arrangements and income potential.; - Five Income-Generating Units: Includes a three-family home and a separate two-unit building, maximizing rental income.; - Newer Roof, Furnace, and Hot Water Tank (Front Building): Significant upgrades reduce maintenance costs and improve tenant appeal.
    (732) 549-1998
    Request Owner's contact information
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    East Orange, NJ 07018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    312 Rhode Island Ave East Orange, NJ 07018
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