New Multi-Family Residence Near
133 N 15Th St, East Orange, NJ 07017
3-Three Story, Multi-Family - East Orange City, NJ
Property size:
3,000 SFLot size:
0.08 Acres- Added:
- Jan 24, 2026
- Days on Market:
- 118
- Last Refresh:
- May 22 at 4:06 pm
Property Features for 133 N 15Th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Laundry, Living Room, Master Bedroom
- Parking
- 2
- Interior features
- Carbon Monoxide Detector, High Ceilings, Smoke Detector, Tile Floors, Wood Floors
- Exterior features
- Fencvnyl
- Fencing
- Fenced
- Basement Y/N
- 1
- Appliances
- Dishwasher, Microwave, Oven - Gas, Range, Refrigerator, Washer
- Standard status
- Pending
- Size
- 3,000 SF
- Lot size
- 0.08 Acres
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Multi Units
Building Details
- Year built
- 2026
- Number of units
- 2
- Building materials
- Brick, Vinyl Siding
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent GLORIA PEREZ (973) 736-1600
Listing office BHHS JORDAN BARIS REALTY 50 MT. PLEASANT AVE., West Orange, NJ (973) 736-1600
Listing date Jan 24, 2026
MLS# 4006698
Listing URL
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- New construction 2‑family residence, ideal for owner‑occupants or NYC commuters (30 mins to NYC).
- Each unit features 3 spacious bedrooms including a primary suite with en‑suite bath and walk‑in closet.
- Finished walk‑out lower level provides flexible space for family room, home office, guest suite, or gym, plus a full bath.
- Modern kitchens with quartz countertops, modern cabinetry, stainless steel appliances, and pantry.
- Private fenced‑in backyard oasis, perfect for grilling and relaxation.
- 10‑year builder warranty and potential 5‑year tax abatement (subject to buyer applying).
Overview
This to-be-built, three-story multi-family residence offers a rare opportunity for NYC commuters and owner-occupants. The new construction will feature a sleek, open layout ideal for everyday living and entertaining, enhanced by an abundance of windows, recessed lighting, and floors. The chic kitchens will boast quartz countertops, modern cabinetry, stainless steel appliances, and a pantry. Each unit will offer three bedrooms and two baths in the top unit and three baths on the first floor, including a primary suite with a private en-suite bath and walk-in closet. Central air and contemporary finishes will be present throughout. The finished walk-out lower level will provide flexible extended living space ideal for a family room, home office, guest suite, gym, and full bath. In-unit laundry is included. The property features a private fenced-in backyard. The location is commuter-friendly, approximately 30 minutes from NYC, and near shops, dining, parks, and highways. The street and surrounding area showcase multiple newer and newly built homes, creating an inviting streetscape and strong sense of reinvestment. The expected completion date is late April to early May 2026. The property includes a 10-year builder warranty and a potential 5-year tax abatement, subject to buyer application. The lot size is 0.08 acres, and the property size is 3000 square feet.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$557.9K
NOI $50,209 @ 9.00% cap · cautious / downside scenario
Moderate
$717.3K
NOI $50,209 @ 7.00% cap · market / base-case scenario
Aggressive
$1.00M
NOI $50,209 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.7k | $25.56 |
| − Vacancy | −$5.0k | −$1.65 |
| EGI | $71.7k | $23.91 |
| − OpEx | −$21.5k | −$7.17 |
| NOI | $50.2k | $16.74 |
3,000 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$717.3K
$627.6K – $836.8K
NOI $50,209 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$659.1K
$576.7K – $768.9K
NOI $46,134 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$783.4K
$685.4K – $913.9K
NOI $54,835 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- East Orange
- County
- Essex
- State
- New Jersey
- Longitude
- -74.19553
- Latitude
- 40.76049
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - New construction duplex with modern amenities, commuter-friendly location.
Where is this duplex located?
The property is located at 133 N 15Th St East Orange, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: New construction 2‑family residence, ideal for owner‑occupants or NYC commuters (30 mins to NYC).; Each unit features 3 spacious bedrooms including a primary suite with en‑suite bath and walk‑in closet.; Finished walk‑out lower level provides flexible space for family room, home office, guest suite, or gym, plus a full bath.
