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Three-Unit Multifamily Property
New
For Sale
$699,000

46 Park Pl Unit 3, East Orange, NJ 07017

Multifamily property offering three residential units with access to major highways and NYC trains.

Property SizeContact for details
Days on Market7

Property Features for 46 Park Pl Unit 3

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Building Details

Year Built 1925
Listing Agency: HOMEQUEST REALTY GROUP LLC
Listed By: RACHELE JEANLOUIS · License #0900827
Source: Luminancerealty
Added: Sep 21 Changed: Sep 26 Last Checked: Sep 26 at 1:14PM

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 HOMEQUEST REALTY GROUP LLC

Investment Insights

Based on property information with market context.

This multifamily property contains three residential units in a building constructed in 1925. The triplex configuration provides a defined residential income-property format at 46 Park Pl Unit 3 in East Orange City, New Jersey.

The property is positioned with access to major highways and NYC trains, supporting regional connectivity for residents and visitors. Its established construction date and three-unit layout offer a straightforward multifamily profile.

Key Highlights

  • Three residential units
  • Building constructed in 1925
  • Located at 46 Park Pl Unit 3, East Orange City, NJ 07017

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Acupuncture Skin Care Clinic (Bike/Boat/Book/etc) Store Florist Veterinary Clinic

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,769
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
View Realmo Analytics

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 - Multifamily property offering three residential units with access to major highways and NYC trains.
Where is this triplex located?
The property is located at 46 Park Pl Unit 3 East Orange, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three residential units; Building constructed in 1925; Located at 46 Park Pl Unit 3, East Orange City, NJ 07017
More about this property
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