Multifamily Property with
For Sale
$650,000
538 Norwood St, East Orange, NJ 07018
Fully occupied residential property offering multiple apartment configurations and established rental income.
Property SizeContact for details
Days on Market8
Property Features for 538 Norwood St
General Information
Standard status
Active
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$9,794
Building Details
Year Built
1925
Units
3
Listing Agency:
THE REAL ESTATE COMPANY
(908) 686-7800
Listed By:
SUSANA BANCES · License #231617
Source:
Elliman
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 26 at 11:29AM
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 THE REAL ESTATE COMPANY
Investment Insights
Based on property information with market context.
Located at 538 Norwood St in East Orange, this multifamily property was built in 1925 and contains 12 rooms, including 6 bedrooms and 3 full bathrooms. The second floor is configured as a spacious apartment, while a separate apartment is located on the third floor.
The property is fully occupied and produces rental income. It is being offered within a package that includes four additional properties. Walk Score is 81, Bike Score is 50, and Transit Score is 53, providing documented pedestrian, bicycle, and public transportation access.
The property is fully occupied and produces rental income. It is being offered within a package that includes four additional properties. Walk Score is 81, Bike Score is 50, and Transit Score is 53, providing documented pedestrian, bicycle, and public transportation access.
Key Highlights
- 6 bedrooms, 3 full bathrooms, and 12 total rooms
- Separate apartments located on the second and third floors
- Fully occupied with rental income in place
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,478
Businesses Nearby
Explore this area
Business Placement
Demographics for 07018, NJ
30,429
Population
13,107
Households
2.3
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
1.7 sq mi
ZIP Area
17,899
Density / Sq Mi
$59,039
Median Household Income
$39,630
Median Earnings
$1,410
Median Rent
$314,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully occupied residential property offering multiple apartment configurations and established rental income.
Where is this multifamily property located?
The property is located at 538 Norwood St East Orange, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 6 bedrooms, 3 full bathrooms, and 12 total rooms; Separate apartments located on the second and third floors; Fully occupied with rental income in place
