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Brick 4-Unit Quadplex
For Sale
$850,000

181 Pierson Street, Orange, NJ 07050

Fully occupied multifamily property with separate electric and gas meters and centralized heat and water.

Property SizeContact for details
Days on Market269

Property Features for 181 Pierson Street

General Information

Standard status Active
Property subtype Multi Family / Fourplex

Taxes and HOA fees

Annual Taxes $18,826

Amenities

Yes
Flat
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
Full, Unfinished
Curbs, Metal Fence, Open Porch(es), Partially Fenced, Sidewalk, Storm Window(s)
Brick/Block

Building Details

Year Built 1910
Listing Agency: WEICHERT REALTORS
Listed By: VICTORIA CARTER · License #242607
Source: Compass
Added: Dec 5, 2025 Changed: Aug 30 Last Checked: Aug 30 at 2:37PM

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 WEICHERT REALTORS

Investment Insights

Based on property information with market context.

Built in 1910, this brick quadplex contains four distinct residential units with a mix of two- and three-bedroom layouts. Units 1, 2, and 3 each include two bedrooms, an eat-in kitchen, living room, bathroom, and pantry. The fourth unit offers three bedrooms along with the same core room arrangement.

Electricity and gas are separately metered by unit, while heat and water are centralized. Select units include rear porches, and the property also has a level paved rear area suitable for outdoor grilling. Each residence has one designated parking space, with additional street parking available. The property is fully occupied and sits a few blocks from direct NYC train service, shopping, and dining in Orange.

Key Highlights

  • Four‑unit brick multifamily property built in 1910
  • Units 1, 2, and 3 each offer 2 bedrooms; Unit 4 has 3 bedrooms
  • Separate electric and gas meters for each unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher 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.

Location Intelligence

Trade Area within ½ mile

2,610
Businesses Nearby

Demographics for 07050, NJ

34,315
Population
13,412
Households
2.6
Avg Household Size
36
Median Age
21%
College-Educated
80%
High-School Grad
2.2 sq mi
ZIP Area
15,598
Density / Sq Mi
$53,109
Median Household Income
$38,587
Median Earnings
$1,427
Median Rent
$336,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Fully occupied multifamily property with separate electric and gas meters and centralized heat and water.
Where is this quadplex located?
The property is located at 181 Pierson Street Orange, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four‑unit brick multifamily property built in 1910; Units 1, 2, and 3 each offer 2 bedrooms; Unit 4 has 3 bedrooms; Separate electric and gas meters for each unit
More about this property
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