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9 Joyce St West Orange, NJ 07052

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For Sale
$849,999

Unique investment opportunity: two houses, four units, one lot.

Source: Prominent Properties Sotheby's International Realty-Montclair

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Two Houses on One Lot

This property features two houses situated on a single lot, comprising a total of four rental units. The unit mix includes two 3-bedroom units and two 1-bedroom units. All units are currently occupied, with tenants operating on a month-to-month basis. This arrangement provides investors with flexibility and potential for increased returns. Additional income opportunities exist through parking and storage. Each unit is equipped with separate utilities. The property is located in a minor flood zone, and while the current owner has not experienced any flooding, flood insurance may be required. This property presents a unique opportunity for portfolio expansion or house hacking with rental income in West Orange, offering significant long-term potential.
Location Intelligence

Current Use by Public Records

Duplexes

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
West Orange
County
Essex
State
New Jersey
Longitude
-74.2427963
Latitude
40.7707183

FAQs

What type of property is this?
Apartment building - Unique investment opportunity: two houses, four units, one lot.
Where is this apartment building located?
The property is located at 9 Joyce St West Orange, NJ.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: - Two houses on one lot with a total of 4 rental units (two 3-bedroom and two 1-bedroom).; - Fully occupied units generating immediate rental income.; - Month-to-month tenants provide flexibility in rent adjustments and property management.
More about this property
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