Three-Unit Residential
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 Market109
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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 6, Bedroom 8, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 7, Basement, Bedroom 2, Bathroom 1, Bedroom 5
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
Electric (Heating), Baseboard
Water source
Public
Amenities
front porch
backyard
storage space
Building Details
Year built
1920
Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency:
EXP REALTY, LLC
(866) 201-6210
Listed By:
SHARON KUSHNER · License #10301224986
(917) 612-2523
Added: Jun 29
Changed: Oct 14
Last Checked: Oct 15 at 5:06PM
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.
Investment Insights
Based on property information with market context.
This 3,030-square-foot triplex in East Orange contains three apartments: two with three bedrooms each and one with two bedrooms. Two units and the shared hallway and staircase have received fresh paint. A new boiler and hot water heater serve the property. The basement has plumbing connections for a toilet, shower, and sink, along with multiple window openings; the property also includes a front porch and backyard.
Built in 1920, the property occupies a 0.06-acre lot at 327 Amherst St. The three-unit configuration combines multiple apartment layouts within one residential building.
Built in 1920, the property occupies a 0.06-acre lot at 327 Amherst St. The three-unit configuration combines multiple apartment layouts within one residential building.
Key Highlights
- Three apartments with a 3‑bedroom, 3‑bedroom, and 2‑bedroom layout
- 3,030 square feet on a 0.06‑acre lot
- New boiler and hot water heater
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.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,865
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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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 configurations and rental income potential.
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 with a 3‑bedroom, 3‑bedroom, and 2‑bedroom layout; 3,030 square feet on a 0.06‑acre lot; New boiler and hot water heater
