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12-Story Apartment Building
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60 S Munn Ave, East Orange, NJ 07018

Multifamily property with varied unit mix, on-site laundry, and separately metered apartments.

Property SizeContact for details
Days on Market16

Property Features for 60 S Munn Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Matthews
Listed By: David Ferber · License #1974915
Source: Crexi
Added: Sep 10 Changed: Sep 23 Last Checked: Sep 24 at 8:12AM

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 Matthews

Investment Insights

Based on property information with market context.

Robert Towers is a 12-story apartment property at 60 S Munn Ave in East Orange, New Jersey, comprising 206 units with studio, one-, two-, and three-bedroom layouts. The building includes 116 on-site parking spaces and laundry facilities. Ownership has completed basic renovations in 146 apartments over the last 10 years, while 60 units remain unrenovated. An elevator repair was completed in 2025, and the roof was repaired within the last 10 years.

Apartments are separately metered. Residents pay for electric and cooking gas, while ownership provides heat, hot water, water/sewer service, and common-area electricity. East Orange Train Station is approximately a 13-minute walk away, with direct service to midtown Manhattan taking 28 minutes. The property also has access to Interstate 280 and the Garden State Parkway, with Newark Liberty International Airport nearby.

Key Highlights

  • 206‑unit apartment building with studio, one-, two-, and three‑bedroom layouts
  • 12‑story building with 116 on‑site parking spaces and on‑site laundry
  • 146 of 206 units received basic renovations over the last 10 years

Property Analytics

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Current Use

Robert Towers Associates ... Apartment Building Amani Sy Catering Take-out & Catering Roberts J K Church

Suggested Use

Top Pick Cafe & Coffee Shop Carpet & Flooring Store Veterinary Clinic (Bike/Boat/Book/etc) Store Law Firm Storage Facility

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

1,549
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - Multifamily property with varied unit mix, on-site laundry, and separately metered apartments.
Where is this apartment building located?
The property is located at 60 S Munn Ave East Orange, NJ.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 206‑unit apartment building with studio, one-, two-, and three‑bedroom layouts; 12‑story building with 116 on‑site parking spaces and on‑site laundry; 146 of 206 units received basic renovations over the last 10 years
More about this property
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