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Two-Unit Duplex with Hardwood Floors
For Sale
$500,000

74 Marcy Ave, East Orange, NJ 07017

Separate living and dining rooms serve both residences; one is vacant and the other is occupied month-to-month.

Property SizeContact for details
Days on Market20

Property Features for 74 Marcy Ave

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family Home
Net Operating Income $1.00

Property Condition

Severity Repairs Needed
Evidence a little TLC

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Additional Details

Tenant in Place Yes

Amenities

Carbon Monoxide Detector
Fire Extinguisher
Smoke Detector
Wood Floors
Partially Fenced
Sidewalk

Building Details

Year Built 1924
Buildings 1
Units 2
Listing Agency: Coldwell Banker Realty
Listed By: Marvin Williams · License #287230
Source: Culturaunitedrealty
Added: Oct 6 Changed: Oct 23 Last Checked: Oct 23 at 4:18PM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

This 1924 duplex at 74 Marcy Ave in East Orange, New Jersey, contains two residences, each with three bedrooms and one full bathroom. Both have distinct living and dining rooms, and hardwood flooring runs throughout. The second unit has a refreshed kitchen with granite counters and newer cabinetry. Interior walls have been redone and primarily need paint.

A semi-finished basement has standing-height clearance and a separate walkout entrance. The attic offers additional potential. Utilities are separately metered. The driveway accommodates multiple vehicles, with more parking behind the building. One residence is vacant; the other is occupied on a month-to-month basis.

Key Highlights

  • Two residences, each with 3 bedrooms and 1 full bathroom
  • Hardwood flooring throughout both units
  • Unit 2 has granite countertops and newer kitchen cabinetry

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

802
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate living and dining rooms serve both residences; one is vacant and the other is occupied month-to-month.
Where is this duplex located?
The property is located at 74 Marcy Ave East Orange, NJ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 full bathroom; Hardwood flooring throughout both units; Unit 2 has granite countertops and newer kitchen cabinetry
More about this property
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