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    92 Riggs Pl West Orange, NJ 07052

    For Sale
    $725,000

    Fully leased four-family home with long-term tenants and rear parking.

    Lot size:
    0.10 Acres

    Property Features for 92 Riggs Pl

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1921

    Source: WEICHERT REALTORS CORP HQ Agent GLORIA LA FORGIA

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

    Overview

    Four-Family Home Investment Opportunity

    This is a four-family home, fully leased with long-term tenants, each on separate leases. Rear parking is available. The property is situated in a desirable area, making it an income-producing asset.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -74.2455731
    Latitude
    40.7732991

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    FAQs

    What type of property is this?
    Quadplex - Fully leased four-family home with long-term tenants and rear parking.
    Where is this quadplex located?
    The property is located at 92 Riggs Pl West Orange, NJ.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Fully leased 4-family home providing immediate income.; - Long-term tenants on separate leases for stability.; - Rear parking enhances tenant appeal and resale value.
    (973) 984-1400
    Request Owner's contact information
    92 Riggs Pl West Orange, NJ 07052
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    West Orange, NJ 07052
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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
    92 Riggs Pl West Orange, NJ 07052
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