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Three-Unit Multifamily Property
For Sale
$569,000
Pending

31 Chestnut Street, East Orange, NJ 07018

Separate utilities and entrances support practical management across the residential units.

Property SizeContact for details
Days on Market160

Property Features for 31 Chestnut Street

General Information

Standard status Pending
Property subtype 2-4 Family

Units

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

Taxes and HOA fees

Annual Taxes $3,241

Amenities

6
3
3.0
15

Building Details

Year Built 1925
Listing Agency: EXP Realty, LLC
Listed By: Shawn McEnteer · License #289019
Source: Compass
Added: Mar 25 Changed: Aug 31 Last Checked: Aug 30 at 11:30PM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This triplex contains three residential units, each configured with two bedrooms and one full bathroom. Separate entrances and proper egress serve every unit, while individual utilities support straightforward operational management. The property also includes an expansive parking area, an open porch, metal siding, and a full unfinished basement. Asphalt shingle roofing and blinds are among the listed interior and exterior features.

Built in 1925, the property is located at 31 Chestnut Street in East Orange, New Jersey. Its three-unit configuration provides distinct residential spaces within one multifamily asset, with off-street parking available for residents and visitors. The layout may accommodate an owner-occupant arrangement or leasing across all units, consistent with the property’s documented configuration.

Key Highlights

  • Three‑unit multifamily property with 2 bedrooms and 1 full bathroom per unit
  • Separate entrances and proper egress for all units
  • Separate utilities for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

2,160
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Separate utilities and entrances support practical management across the residential units.
Where is this triplex located?
The property is located at 31 Chestnut Street East Orange, NJ.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 2 bedrooms and 1 full bathroom per unit; Separate entrances and proper egress for all units; Separate utilities for each unit
More about this property
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