Three-Unit Residential Property with
For Sale
$799,000
327 Amherst St, East Orange, NJ 07018
Multi-Family, 3-Three Story, East Orange City, NJ
Property Size3,030 SF
Lot Size0.06 Acres
Price / SF$263.70
Days on Market118
Property Features for 327 Amherst St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 8, Basement, Bathroom 1, Bathroom 3
Parking
4
Directions
between Rhode Island Avenue & Tremont Avenue
Standard status
Active
Size
3,030 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11048
Utilities
Heating system
Baseboard, Electric (Heating)
Water source
Public
Amenities
front porch
backyard
Building Details
Year built
1920
Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency:
EXP REALTY, LLC
Listed By:
SHARON KUSHNER
(866) 201-6210
Added: Jun 29
Changed: Oct 19
Last Checked: Oct 24 at 3:06AM
MLS# 4037514
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.
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Investment Insights
Based on property information with market context.
This three-unit residential property contains 3,030 square feet on a 0.06-acre lot and was built in 1920. Two apartments have three bedrooms each, while the third has two bedrooms. A front porch and backyard provide outdoor space. The basement has plumbing connections for a toilet, shower, and sink, along with multiple window openings and space used for storage. Recent work includes fresh paint in two apartments and in the shared hallway and staircase. The property also has a new boiler and hot water heater.
The building is in East Orange, New Jersey. Its apartment mix, shared interior areas, basement, and outdoor features are part of the existing configuration.
The building is in East Orange, New Jersey. Its apartment mix, shared interior areas, basement, and outdoor features are part of the existing configuration.
Key Highlights
- Three apartments: two with 3 bedrooms each and one with 2 bedrooms
- 3,030 square feet on a 0.06‑acre lot
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,711
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,014,220
$1.0M
Cap Rate 7%
$724,443
$724.4K
Cap Rate 9%
$563,456
$563.5K
Market Conditions
NOI Build-Up for 3,030 SF
Gross rent
$77.4K $25.56/SF
− Vacancy
−$5.0K −$1.65/SF
EGI
$72.4K $23.91/SF
− OpEx
−$21.7K −$7.17/SF
NOI
$50.7K $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%
$1,014,220
Cap Rate 7%
$724,443
Cap Rate 9%
$563,456
Alternative Uses
Best Use
Multifamily LT 5
$724.4K
$633.9K – $845.2K
NOI $50,711 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$665.6K
$582.4K – $776.6K
NOI $46,595 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$791.2K
$692.3K – $923.1K
NOI $55,384 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,865
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments offer a range of bedroom layouts, with a front porch and backyard as additional features.
Where is this triplex located?
The property is located at 327 Amherst St East Orange, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three apartments: two with 3 bedrooms each and one with 2 bedrooms; 3,030 square feet on a 0.06‑acre lot; Built in 1920
