Search
Multifamily Property for Redevelopment
For Sale
$550,000

162 North 18th Street, East Orange, NJ 07017

Multifamily asset needing repair and sold strictly as-is, with cash preferred and showings limited to daytime hours.

Property Size9,999 SF
Price / SF$55.01
Days on Market147

Property Features for 162 North 18th Street

General Information

Standard status Active
Size 9,999 SF
Property subtype Multi Family / 3-Three Story
Net Operating Income $99,999

Taxes and HOA fees

Annual Taxes $11,398

Amenities

Yes
Asphalt Shingle
Full
Aluminum Siding

Building Details

Year Built 1915
Listing Agency: EXIT PLATINUM REALTY
Listed By: MELODY SCOTT · License #265772
Source: Compass
Added: Apr 14 Changed: Aug 8 Last Checked: Jul 23 at 5:26PM

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 EXIT PLATINUM REALTY

Investment Insights

Based on property information with market context.

This multifamily property is in need of repair and is being sold strictly as-is. The seller indicates the property will not qualify for traditional financing, and the buyer will be responsible for all temporary CO requirements.

The property is located within a redevelopment area, where new builds are reportedly underway.

Prospective buyers should note that showings are limited to daytime hours and must be confirmed with the listing agent via ShowingTime. All offers will be considered, with cash preferred.

Key Highlights

  • Multifamily asset built in 1915
  • Full basement available
  • Roof is asphalt shingle

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Skin Care Clinic Real Estate Agency Cafe & Coffee Shop Acupuncture Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,063
Businesses Nearby

Demographics for 07017, NJ

39,054
Population
16,770
Households
2.3
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
2.3 sq mi
ZIP Area
16,980
Density / Sq Mi
$61,552
Median Household Income
$39,847
Median Earnings
$1,346
Median Rent
$316,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily asset needing repair and sold strictly as-is, with cash preferred and showings limited to daytime hours.
Where is this multifamily property located?
The property is located at 162 North 18th Street East Orange, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Multifamily asset built in 1915; Full basement available; Roof is asphalt shingle
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message