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Two-Family Duplex
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240 Amherst Street, East Orange, NJ 07018

Both residences are occupied under existing rentals, with an eight-bedroom layout across two units.

Property SizeContact for details
Days on Market3

Property Features for 240 Amherst Street

General Information

Standard status Active
Property subtype Multi Family 2-4 Units
Occupancy 100%

Units

Unit Mix 1 x 3BR/1BA, 1 x 5BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker, Ridgewood
Listed By: Maikol Puebla · License #297129
Source: Capmarkrealty
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 16 at 6:20AM

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 Coldwell Banker, Ridgewood

Rey
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Investment Insights

Based on property information with market context.

The duplex contains two rental residences. One unit has 3 bedrooms and 1 full bathroom; the other has 5 bedrooms and 2 full bathrooms. Both units are currently rented, providing an established tenant base.

Key Highlights

  • Two residences, each currently rented
  • Unit 1: 3 bedrooms and 1 full bathroom
  • Unit 2: 5 bedrooms and 2 full bathrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Cafe & Coffee Shop Veterinary Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service 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.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,138
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied under existing rentals, with an eight-bedroom layout across two units.
Where is this duplex located?
The property is located at 240 Amherst Street East Orange, NJ.
What are key features of this property?
This property features: Two residences, each currently rented; Unit 1: 3 bedrooms and 1 full bathroom; Unit 2: 5 bedrooms and 2 full bathrooms
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