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Duplex with Finished Basement
For Sale
$524,999

144 Steuben St, East Orange, NJ 07018

Multi-Family, 2-Two Story, East Orange City, NJ

Property Size2,282 SF
Lot Size0.06 Acres
Price / SF$230.06
Days on Market8

Property Features for 144 Steuben St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 5, Bedroom 2, Basement, Bathroom 2, Bedroom 6, Bedroom 4, Bathroom 1
Subdivision Greenwood Section
Directions Please use GPS
Standard status Active
Size 2,282 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12289

Utilities

Sewer type Public Sewer
Heating system Steam, Other (Heating)
Water source Public

Amenities

in-unit washer/dryer
finished walkout basement

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS VILLAGE SQUARE · Keller Williams Realty
Listed By: LEONARDO TATIS · License #2294805
Added: Sep 29 Changed: Oct 4 Last Checked: Oct 6 at 3:06PM
MLS# 4055830

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.

Investment Insights

Based on property information with market context.

Built in 1910, this duplex has two residences and a finished walkout basement with a separate entrance. The first-floor residence has 2 bedrooms and 1.5 bathrooms. The upper residence spans two floors and includes 4 bedrooms, 2 full bathrooms, and a primary suite with an en-suite bath. Both residences offer washer and dryer capabilities. Public water and sewer serve the property, which is being sold as-is.

The finished basement provides an additional 2 bedrooms and 1 full bathroom. The property is in East Orange, near Central Avenue shopping, grocery stores, restaurants, houses of worship, parks, and NJ Transit service. The remarks also note access to Newark, major highways, and New York City.

Key Highlights

  • Two residences; property is vacant
  • First‑floor residence: 2 bedrooms and 1.5 bathrooms
  • Upper residence spans two floors, with 4 bedrooms and 2 full bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,192
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,840 $763.8K
Cap Rate 7%
$545,600 $545.6K
Cap Rate 9%
$424,356 $424.4K
Market Conditions
NOI Build-Up for 2,282 SF
Gross rent
$58.3K $25.56/SF
− Vacancy
−$3.8K −$1.65/SF
EGI
$54.6K $23.91/SF
− OpEx
−$16.4K −$7.17/SF
NOI
$38.2K $16.74/SF
Area
Essex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,840
Cap Rate 7%
$545,600
Cap Rate 9%
$424,356

Alternative Uses

Best Use
Multifamily LT 5
$545.6K
$477.4K – $636.5K (±1% cap)
NOI $38,192 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$501.3K
$438.7K – $584.9K (±1% cap)
NOI $35,093 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$595.9K
$521.4K – $695.2K (±1% cap)
NOI $41,711 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Real Estate Agency Carpet & Flooring Store Veterinary Clinic Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,190
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The property is vacant and includes two residences with in-unit washer and dryer capabilities.
Where is this duplex located?
The property is located at 144 Steuben St East Orange, NJ.
What is the asking price?
The asking price for this property is $524,999.
What are key features of this property?
This property features: Two residences; property is vacant; First‑floor residence: 2 bedrooms and 1.5 bathrooms; Upper residence spans two floors, with 4 bedrooms and 2 full bathrooms
More about this property
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