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4-Unit Multifamily Property
New
For Sale
$995,000

72 Munn Ave, East Orange, NJ 07017

One apartment is vacant, while three others provide an existing income component.

Property SizeContact for details
Lot Size0.23 Acres
Days on Market2

Property Features for 72 Munn Ave

General Information

Standard status Active
Total Parking Spaces 12
Lot size 0.23 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $17,022
Listing Agency: Corcoran Infinity Properties, Edgewater
Listed By: ()
Source: Fortuneluxuryrealty
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 5 at 4:13PM

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 Corcoran Infinity Properties, Edgewater

Investment Insights

Based on property information with market context.

This four-unit multifamily property has 7 bedrooms and 5 bathrooms across its approved units. The largest apartment is vacant. Third-floor bonus space adds 3 rooms, 2 kitchenettes and 2 full bathrooms. The partially finished basement includes kitchen fixtures, a full bathroom and approximately 1,000 square feet of storage.

The property occupies a 100-by-100-foot lot and includes a detached two-car garage, a rear driveway and a wraparound driveway with parking for 10 vehicles. Major highways, public transportation, City Hall and municipal offices are nearby.

Key Highlights

  • Four approved units with 7 bedrooms and 5 bathrooms
  • Largest apartment is vacant
  • Third‑floor area has 3 bonus rooms, 2 kitchenettes and 2 full bathrooms

Property Analytics

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Current Use

Rehab Chicks Construction Company

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Cafe & Coffee Shop Tanning Salon

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,547
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?
Quadplex - One apartment is vacant, while three others provide an existing income component.
Where is this quadplex located?
The property is located at 72 Munn Ave East Orange, NJ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Four approved units with 7 bedrooms and 5 bathrooms; Largest apartment is vacant; Third‑floor area has 3 bonus rooms, 2 kitchenettes and 2 full bathrooms
More about this property
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