Search
Renovated Triplex with Garage
For Sale
$699,000
Pending

18 Winfield St, West Orange, NJ 07052

Multi-Family, 3-Three Story, West Orange Twp., NJ

Property Size2,832 SF
Lot Size0.09 Acres
Days on Market57

Property Features for 18 Winfield St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Basement, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Parking 2
Directions Kirk St. to Winfield St.
Standard status Pending
Size 2,832 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13804

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard
Water source Public

Amenities

storage

Building Details

Year built 1920
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: REAL
Listed By: MICHAEL WILCHES
Added: Aug 18 Changed: Sep 24 Last Checked: Oct 13 at 2:06PM
MLS# 4047556

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.

This three-unit residential property contains 2,832 square feet and was built in 1920. The first unit has two bedrooms, one full bathroom, a spacious living area, and a renovated kitchen with granite counters, stainless steel appliances, refreshed cabinetry, and updated finishes. Its bathroom includes porcelain flooring. The second unit has one bedroom and a month-to-month tenant, while the third unit provides one bedroom, quartz countertops, updated cabinetry, and a renovated bathroom with porcelain flooring.

The property includes three separate boilers, an unfinished basement for storage, a driveway sized for up to five vehicles, and a detached two-car garage. A new sewer line has been installed, with public water and public sewer serving the property. The 0.09-acre site is located in West Orange Township, with a bus stop across the street and access to parks, shopping, dining, and NYC transportation. Eagle Rock Reservation is nearby, and Montclair’s Bloomfield Avenue is approximately four minutes away.

Key Highlights

  • Three‑unit property with 2,832 square feet on a 0.09‑acre lot
  • Unit mix includes one two‑bedroom unit and two one‑bedroom units
  • First unit to be delivered vacant; second unit has a month‑to‑month tenant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,397
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$947,940 $947.9K
Cap Rate 7%
$677,100 $677.1K
Cap Rate 9%
$526,633 $526.6K
Market Conditions
NOI Build-Up for 2,832 SF
Gross rent
$72.4K $25.56/SF
− Vacancy
−$4.7K −$1.65/SF
EGI
$67.7K $23.91/SF
− OpEx
−$20.3K −$7.17/SF
NOI
$47.4K $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%
$947,940
Cap Rate 7%
$677,100
Cap Rate 9%
$526,633

Alternative Uses

Best Use
Multifamily LT 5
$677.1K
$592.5K – $790.0K (±1% cap)
NOI $47,397 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$622.1K
$544.4K – $725.8K (±1% cap)
NOI $43,550 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$739.5K
$647.1K – $862.7K (±1% cap)
NOI $51,764 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Acupuncture Big Box & Wholesale Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby

Demographics for 07052, NJ

48,867
Population
18,300
Households
2.7
Avg Household Size
42
Median Age
53%
College-Educated
92%
High-School Grad
12.0 sq mi
ZIP Area
4,072
Density / Sq Mi
$131,456
Median Household Income
$63,458
Median Earnings
$1,791
Median Rent
$527,200
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
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?
Triplex - Three-unit property with updated interiors, separate heating systems, and convenient public transportation access.
Where is this triplex located?
The property is located at 18 Winfield St West Orange, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three‑unit property with 2,832 square feet on a 0.09‑acre lot; Unit mix includes one two‑bedroom unit and two one‑bedroom units; First unit to be delivered vacant; second unit has a month‑to‑month tenant
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
Why this one?
Saved
Reason not saved — we won't ask again