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Income Property with Value-Add Potential
For Sale
$599,000
Pending

53 Sunnyside Terrace, East Orange, NJ 07018

Income-producing property with tenant, value-add potential, convenient location.

Property SizeContact for details
Days on Market154

Property Features for 53 Sunnyside Terrace

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $11,790

Amenities

6
2
2.0
15
Vinyl Siding

Building Details

Year Built 1920
Listing Agency: KELLER WILLIAMS CITY VIEWS REALTY
Listed By: JONATHAN JIMENEZ CARDONA · License #311736
Source: Compass
Added: Apr 1 Changed: Aug 8 Last Checked: Jul 24 at 2:32PM

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 KELLER WILLIAMS CITY VIEWS REALTY

Investment Insights

Based on property information with market context.

This income-producing property presents a value-add opportunity for investors. The first and second floors each feature two bedrooms, one bathroom, a formal living room, a dining room, and an enclosed porch that offers potential for additional uses. The property also includes a finished attic with a full walkout. A full basement with high ceilings and a walkout is currently unfinished, offering space for customization. A driveway and detached garage provide added convenience. The property is being sold as-is. All units are vacant except for the first floor, which will be delivered with a tenant in place. The property is conveniently located close to transportation and schools.

Key Highlights

  • Income‑producing property with value‑add potential.
  • Finished attic with a full walkout.
  • Full basement with high ceilings and a walkout, ready to be finished.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,395
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Income-producing property with tenant, value-add potential, convenient location.
Where is this multifamily property located?
The property is located at 53 Sunnyside Terrace East Orange, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Income‑producing property with value‑add potential.; Finished attic with a full walkout.; Full basement with high ceilings and a walkout, ready to be finished.
More about this property
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