129 N Walnut St East Orange, NJ 7017
- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:05 am
Property Features for 129 N Walnut St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Chez Eider License #NJ: 1863116 (201) 742-6177
Listing office New Jersey Office (201) 742-6177
Listing date Apr 3, 2026
Source Marcusmillichap
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Overview
East Orange Multifamily Investment Opportunity
Walnut Garden is a four-story brick apartment building containing 41 units, located on Walnut Street in East Orange, New Jersey. This multifamily asset offers investors a stabilized, cash-flowing property with potential for increased income through operational improvements and rent adjustments. The property maintains consistently high occupancy with predictable annual turnover, providing stable in-place income and opportunities for periodic rent resets upon re-leasing. The building features separately metered utilities and pre-war construction. Situated less than half a mile from both the East Orange and Brick Church NJ Transit stations, the property provides convenient access to Newark and Manhattan. It is located within a rapidly improving, transit-oriented area. With nearby large-scale redevelopment and below-market in-place rents, Walnut Garden presents an opportunity to acquire scale, stability, and long-term growth in a supply-constrained Northern New Jersey submarket.
Location Intelligence
Current Use by Public Records
Love Thou Neighbors ...
Charitable Organization
Location Insight
- Map
- Local Demand
- City
- East Orange
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2101539
- Latitude
- 40.7666978
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 41-unit apartment building in East Orange, near transit.
Where is this apartment building located?
The property is located at 129 N Walnut St East Orange, NJ.
What is the asking price?
The asking price for this property is $5,174,000.
What are key features of this property?
This property features: Stabilized, cash‑flowing multifamily asset with upside through operational efficiencies and rent repositioning.; High occupancy provides stable in‑place income.; Located less than half a mile from East Orange and Brick Church NJ Transit stations, providing direct access to Newark and Manhattan.
