Three-Bedroom Residential Income
11 S 17th St # 2, East Orange, NJ 07018
For Sale
New
Contact for pricing
The residence includes a private driveway parking space and sits near shops, restaurants, transit, and parks.
Property Size1,271 SF
Price / SF$2.52
Days on Market2
Property Features for 11 S 17th St # 2
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
Gas-Natural
3
In Unit
Public Water
28X100
0.06
Building Details
Year Built
Listing Agency:
(551) 239-8040
Listed By:
Reisha Baker
Source:
Skyrealtyintl
Added: Nov 8
Last Checked: Nov 9 at 10:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reisha Baker
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2025, this residential income property is configured with three bedrooms and two bathrooms. The home has a living area, kitchen, and one private driveway parking space. Natural gas and public water are noted among its features.
Shops, restaurants, public transportation, and parks are nearby in East Orange. The property is at 11 S 17th St #2.
Shops, restaurants, public transportation, and parks are nearby in East Orange. The property is at 11 S 17th St #2.
Key Highlights
- Three bedrooms and two bathrooms
- Built in 2025
- One private driveway parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,545
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,900
$390.9K
Cap Rate 7%
$279,214
$279.2K
Cap Rate 9%
$217,167
$217.2K
Market Conditions
NOI Build-Up for 1,271 SF
Gross rent
$38.1K $30.00/SF
− Vacancy
−$2.6K −$2.04/SF
EGI
$35.5K $27.96/SF
− OpEx
−$16.0K −$12.58/SF
NOI
$19.5K $15.38/SF
Area
Essex County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,900
Cap Rate 7%
$279,214
Cap Rate 9%
$217,167
Alternative Uses
Best Use
Apartment 5plus
$279.2K
$244.3K – $325.8K
NOI $19,545 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$331.9K
$290.4K – $387.2K
NOI $23,232 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
Explore this area
Business Placement
Demographics for 07018, NJ
30,429
Population
13,107
Households
2.3
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
1.7 sq mi
ZIP Area
17,899
Density / Sq Mi
$59,039
Median Household Income
$39,630
Median Earnings
$1,410
Median Rent
$314,100
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in East Orange, NJ
Properties on Market for Residential income properties in East Orange
Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes a private driveway parking space and sits near shops, restaurants, transit, and parks.
Where is this residential income property located?
The property is located at 11 S 17th St # 2 East Orange, NJ.
What are key features of this property?
This property features: Three bedrooms and two bathrooms; Built in 2025; One private driveway parking space
