201-218-9156
60 S Munn Ave, East Orange, NJ for Sale
Apartments - FOR SALE
1/5
null | Request Cap Rate

60 S Munn Ave
East Orange, NJ 07018


HIGHLIGHTS

  • 206-unit multifamily high-rise with 14% rental upside and 87 vacant units
  • 116 on-site parking spaces and on-site laundry with potential for higher income
  • Elevator repaired in 2025; roof repaired within the last 10 years
  • Separately metered units; tenants pay electric and cooking gas
  • 13-minute walk to East Orange Train Station — 28-minute ride to midtown Manhattan
  • Strong unit mix of studios, 1-, 2-, and 3-bedroom apartments across 12 stories

OVERVIEW

Starting Bid: $5,000,000 Auction Dates: October 19th - 21st Coming to Auction Broker of Record Patrick Forde License # 122887, 2330333 (NJ) Matthews Real Estate Investment Services, Inc 300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666 (866) 889-0550

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

206

CAP RATE

Request Cap Rate

% LEASED

58%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Robert Towers

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

12

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,318 SF

ZONING

R-4

APN/PARCEL ID

05-00221-0000-00041

ASK ABOUT THIS PROPERTY

David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.