156 Elmwood Avenue East Orange, NJ 07018
Listing Courtesy of: NJMLS / Corcoran Sawyer Smith / Marina Fridman Rybner

  156 Elmwood Avenue East Orange, NJ 07018

Active (2 Days)
$699,000 (USD)
4
BED
5
BATH

Description

INVESTOR ALERT Grand FOUR-unit on a corner lot with strong rent-growth potential and classic architectural details. Configured as three spacious 1BRs and one studio, the building sits proudly with lots of windows, bright rooms, high ceilings, and a sweeping grand staircase that makes an immediate impression. Three units are vacant ideal for quick cosmetic updates and immediate leasing; the fourth is a well-maintained 1BR on month-to-month, allowing flexible repositioning. The studio stands out with a gorgeous fireplace and private porch a premium renter magnet. The 1st-floor 1BR has a private entrance and direct, exclusive access to the full basement, perfect for an end user, added storage income, or laundry convenience. The basement includes laundry hook-ups plus abundant storage, and a large walk-up attic offers finish potential (buyer to verify). Driveway parking for approx. six cars. Separate gas & electric. Neighborhood momentum is real this pocket has seen significant new development, supporting future appreciation and tenant demand. Location checks every box: close to schools, shopping, parks, major highways, and NYC train/bus. Perfect for house-hackers, end users, and long-term buy-and-hold investors seeking cap-rate expansion.

MLS #:
25037541
Taxes
$12,776
Lot Size
9,374 SQFT
Type
Multifamily
Style
Other
County
Essex County

Listed By

Marina Fridman Rybner, Corcoran Sawyer Smith
Source
NJMLS
Last checked Oct 21 2025 at 3:15 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
  • Half Bathroom: 1
Utility Information
  • Utilities: Electricity Connected, Natural Gas Connected, See Remarks
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: Copyright 2025 NJMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/21/25 08:15