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5 Harvard St East Orange, NJ 07018

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For Sale
$1,695,000

Four-story, 12-unit apartment building with upside in rents.

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Listing Contact
Michael Salomon
Source: Kislakrealty

Listing Agent: Michael Salomon

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

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Overview

East Orange Multifamily Investment Opportunity

The property is a four-story brick building containing 12 residential units. Located in East Orange, NJ, the apartments are noted for their large size. Tenants are responsible for covering the costs of their electric and gas usage, which includes heat and hot water. The landlord is responsible for water expenses. A parcel located directly across the street at 118 South Clinton Street is used for additional parking and is also available for sale. This parking lot parcel totals approximately 0.31 acres, which is equivalent to approximately 13,500 square feet, offering additional value to the property.
Location Intelligence

Current Use by Public Records

Ivoire Food chez ... African Restaurant Builders Management Co ... General Contractor

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

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City
East Orange
County
Essex
State
New Jersey
Longitude
-74.2187107
Latitude
40.7610747

FAQs

What type of property is this?
Apartment building - Four-story, 12-unit apartment building with upside in rents.
Where is this apartment building located?
The property is located at 5 Harvard St East Orange, NJ.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: - Includes a dedicated parking lot across the street.; - Opportunity for rent increases (Upside in rents).; - Large apartments offer desirable living spaces.
More about this property
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