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Duplex With Two Separate Units
For Sale
$650,000

296 N Park St, East Orange, NJ 07017

Duplex built in 1925 with two separate units and walkable access to local shopping, dining, and transportation.

Property SizeContact for details
Days on Market80

Property Features for 296 N Park St

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $11,184

Building Details

Year Built 1925
Units 2
Tenancy Multi
Listing Agency: Roman Balandin Realty LLC
Listed By: ROMAN BALANDIN · License #1008501
Source: Elliman
Added: Jul 30 Changed: Oct 14 Last Checked: Oct 16 at 9:32AM

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 Roman Balandin Realty LLC

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Investment Insights

Based on property information with market context.

This duplex, built in 1925, is configured as two separate units. The first-floor unit features 2 bedrooms and 1 full bath, providing one-level living with bright, functional spaces. The second unit spans the upper levels and includes 3 bedrooms and 2 full baths, offering a flexible layout with generous living space.

The property offers separate living areas designed for comfort and convenience. It is described as being conveniently located near shopping, dining, public transportation, schools, and major commuting routes, with Walk Score of 87 (Very Walkable) and Transit Score of 58 (Good Transit). Bike Score is listed as 41 (Somewhat Bikeable).

Ideal for an owner-occupant or investor, the two-unit setup supports use as a multi-generational residence or as one unit while generating rental income from the other.

Key Highlights

  • Duplex built in 1925 with two separate units
  • First‑floor unit has 2 bedrooms and 1 full bath
  • Second unit has 3 bedrooms and 2 full baths

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

607
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
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 - Duplex built in 1925 with two separate units and walkable access to local shopping, dining, and transportation.
Where is this duplex located?
The property is located at 296 N Park St East Orange, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Duplex built in 1925 with two separate units; First‑floor unit has 2 bedrooms and 1 full bath; Second unit has 3 bedrooms and 2 full baths
More about this property
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