222 William St, East Orange City, NJ 07017

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List Price
$849,900
Price Change
▼ $100,000 1784844262
Days on Market
144
Status
ACTIVE
MLS#
4027309
Bedrooms
5
Bathrooms
4
Full Baths
4
Lot Size (Acres)
0.30000000000000004
Year Built
1925

Property Description

Rare opportunity to acquire a vacant 4-family property situated on an oversized 115' × 115' gated corner lot in East Orange, offering immediate flexibility and long-term potential. Delivered vacant at closing, this property is well suited for investors, owner-occupants, house hackers, furnished rental operators, and buyers seeking to implement their own investment strategy from day one. Three of the four apartments have been updated, while the remaining apartment presents an opportunity for cosmetic improvements and future value enhancement. The property also includes eight detached garages in two separate structures, creating additional opportunities for parking, storage, or supplemental rental income in a market where off-street parking is in high demand. An unfinished walk-up attic provides additional expansion potential, and engineering subdivision concept drawings have been prepared for buyers who wish to evaluate future property improvements. All expansion and development concepts are subject to buyer due diligence, municipal approvals, and any required variances. Conveniently located approximately eight minutes from the East Orange NJ Transit station with direct service to New York Penn Station and offering convenient access to Route 280, the Garden State Parkway, shopping, parks, and ongoing redevelopment throughout the surrounding area.

Additional Information

Area
East Orange City
Basement Desc
Full, Unfinished
Utilities
Electric, Gas-Natural
Taxes
$20,713
Exterior
Vinyl Siding
Lot Description
Level Lot
Water
Public Water
Basement
Yes
Cooling
1Unit, Central, None, SeeRem
Interior
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
Roof
Fiberglass
Show Address
Yes

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Term of Loan
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Listing Courtesy Of KELLER WILLIAMS - NJ METRO GROUP, Contact: 973-783-7400

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