384 Glenwood Ave Active Save Request In-Person Tour Request Virtual Tour
East Orange City,NJ 07017
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 999,999 sqft
Price per Sqft $0
MLS Listing ID 3955494
Year Built 1930
Annual Tax Amount $6,869
Tax Year 2024
Lot Size 0.470 Acres
Property Sub-Type Mixed Use
Property Description
Turnkey Mixed-Use Investment Property with Strong Income Potential! Investor alert! This fully functional mixed-use property in the heart of East Orange presents an outstanding opportunity to secure a high-yield asset in a rapidly developing market. The property consists of three total units: two well-maintained residential apartments and one highly visible ground-floor commercial space. Both residential units offer 2 bedroom 1 bath layouts designed for long-term tenancy and low turnover. The commercial unit features excellent street frontage and strong local foot traffic. Adding to the value is a rare on-site amenity: five private garages an attractive feature in this area that can generate additional monthly income or serve as added convenience for tenants and business operations. Located in a high-demand rental area with close proximity to public transit, major highways, retail, and dining, this property is strategically positioned for both immediate cash flow and long-term appreciation.
Location
State NJ
County Essex
Zoning R2
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s)
Equipment Appliances
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum
Utilities Available See Remarks
Roof Type Asphalt Shingle
Building
Lot Description Irregular Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple