East Orange Multifamily Investment
222 William St East Orange, NJ 07017
222 William St, East Orange, NJ, 07017
$949,900
For Sale
$949,900
Vacant 4-family property with upside potential near transit.
Days on Market69
Property Features for 222 William St
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1925
Listing agency
NJ Metro Group LLC
(201) 675-1210
Listed by
JAMES HUGHES
Source
Elliman
Added: May 15 Updated: Jul 10 at 1:34PM Checked: Jul 21 at 9:08AM
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 NJ Metro Group LLC
Investment Insights
Based on property information with market context.
This 4-family multifamily property in East Orange presents income potential and flexibility for owner-occupants. Located approximately 8 minutes from the East Orange NJ Transit station, it offers convenient access to NYC Penn Station. Three of the four units have been updated, while one unit provides an opportunity for renovation and future rental growth. The property will be delivered vacant, appealing to investors, owner-occupants, furnished rental operators, or buyers seeking a live-in investment. An unfinished walk-up attic offers potential expansion opportunities, and buyers may explore incorporating the attic into an upper unit to create additional living space, subject to municipal approvals and due diligence. The oversized lot includes 8 detached garages in two separate structures, providing additional storage, parking, or income potential in a densely populated neighborhood where off-street parking is valuable. The property may also offer future subdivision possibilities, subject to municipal approvals and buyer due diligence. The location is convenient to public transportation, Route 280, the Garden State Parkway, shopping, parks, and ongoing redevelopment activity. The property has a bike score of 51, indicating it is bikeable, a walk score of 78, indicating it is very walkable, and a transit score of 68, indicating good transit options.
Key Highlights
- Delivered vacant, offering immediate income potential and flexibility.
- Commuter‑friendly location, approximately 8 minutes from East Orange NJ Transit station with direct access to NYC Penn Station.
- Three of four units are updated, with one unit offering value‑add potential.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Vacant 4-family property with upside potential near transit.
Where is this quadplex located?
The property is located at 222 William St East Orange, NJ.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Delivered vacant, offering immediate income potential and flexibility.; Commuter‑friendly location, approximately 8 minutes from East Orange NJ Transit station with direct access to NYC Penn Station.; Three of four units are updated, with one unit offering value‑add potential.
