Newly Renovated Two-Family
50 Arsdale Terrace East Orange, NJ 07018
50 Arsdale Terrace, East Orange, NJ, 07018
$699,000
For Sale
$699,000
Two renovated units with separate utilities, including a private deck and open-concept second unit layout.
Property Size1,500 SF
Price / SF$466
Days on Market21
Property Features for 50 Arsdale Terrace
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1925
Listing Agency
EXP REALTY, LLC
(866) 201-6210
Listed by
ALEXANDRA BUONINCONTRI · License #394310
(866) 201-6210
Source
Compass
Added: Jun 28 Checked: Jul 17 at 2:46 am
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 newly renovated two-family duplex offers two separate, updated living spaces with separate utilities for each unit. The first unit features a bright living room with access to a private deck, a separate formal dining room, and an updated kitchen on the main level. Upstairs, the unit includes generously sized bedrooms. Renovations include new flooring and fresh paint throughout, creating a move-in-ready layout.
The second unit has also been renovated, with a welcoming front porch and a large open-concept layout. Like the first unit, it includes fresh updates with new flooring and paint.
Conveniently located near major highways and public transportation, with access to shopping, restaurants, parks, and schools, this turnkey property is positioned to support rental income and comfortable occupancy options.
The second unit has also been renovated, with a welcoming front porch and a large open-concept layout. Like the first unit, it includes fresh updates with new flooring and paint.
Conveniently located near major highways and public transportation, with access to shopping, restaurants, parks, and schools, this turnkey property is positioned to support rental income and comfortable occupancy options.
Key Highlights
- Newly renovated two‑family home with updated flooring and fresh paint in both units
- Separate utilities for each unit to support easier rental management and owner occupancy
- First unit features a bright living room with access to a private deck and a formal dining room
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.3k | $25.56 |
| − Vacancy | −$2.5k | −$1.65 |
| EGI | $35.9k | $23.91 |
| − OpEx | −$10.8k | −$7.17 |
| NOI | $25.1k | $16.74 |
1,500 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$358.6K
$313.8K – $418.4K
NOI $25,104 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$329.5K
$288.3K – $384.5K
NOI $23,067 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K
NOI $27,418 @ 7.0% cap · market cap 3.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two renovated units with separate utilities, including a private deck and open-concept second unit layout.
Where is this duplex located?
The property is located at 50 Arsdale Terrace 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: Newly renovated two‑family home with updated flooring and fresh paint in both units; Separate utilities for each unit to support easier rental management and owner occupancy; First unit features a bright living room with access to a private deck and a formal dining room
