156 Elmwood Ave, East Orange City, NJ 07018

• 4 beds |
• 4 baths

Property Description

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.

Listing Status:

Active

Listing Office:

CORCORAN SAWYER SMITH : 201-653-8000

MLS ID:

3993554

Interior

• General: Beam CeilingsCarbon Monoxide DetectorCarpetingFire ExtinguisherSmoke DetectorTile FloorsVinyl-Linoleum FloorsWood Floors
• Basement: Bilco-Style DoorFullUnfinished
• A/C: Wall A/C Unit(s)
• Heating: Radiators - Hot WaterGas-Natural

Exterior

• General: WoodCurbsSidewalk
• Parking: Parking spaces: 6

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: Blacktop
• Zoning: 1605-00501-0000-00052-0000-

Utilities

• Utilities: Gas-Natural
• Water: Public Water
• Sewer: Public Sewer

This listing courtesy of CORCORAN SAWYER SMITH