84 Carnegie Ave - Apartments FOR SALE


East Orange, NJ 07018
$2,150,000 USD
973-296-6264
84 Carnegie Ave, East Orange, NJ for Sale
$2,150,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

84 Carnegie Ave
East Orange, NJ 07018


HIGHLIGHTS

  • Strong Rental History and Income
  • Low Vacancy Rate
  • Great 1031 Exchange or Portfolio Addition
  • 6 Large, 4 Bedroom Units
  • 1 Large, 3 Bedroom Unit

OVERVIEW

Rare opportunity to acquire a well-maintained 7-unit building featuring spacious 4-bedroom 2 - bathroom units in a desirable East Orange neighborhood. Renovated within the past 10 years. Each unit offers generous living space, making it highly attractive to tenants and ensuring strong, consistent rental income. Perfect for investors seeking a high-performing asset to add to their portfolio or a smart 1031 exchange candidate, this property delivers both immediate cash flow and long-term upside in a growing market. Situated on a quiet, residential street yet close to transportation, shopping, and schools, this is an ideal location for both renters and investors alike.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$413 USD /SF

# OF UNITS

7

PRICE/UNIT

$307,143

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,497 SF

ZONING

4C

APN/PARCEL ID

05-00511-0000-00019

ASK ABOUT THIS PROPERTY

Sergio LimontaUNITED REAL ESTATE OF NORTH JERSEYMore Info
973-296-6264

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Sergio LimontaUNITED REAL ESTATE OF NORTH JERSEYMore Info
973-296-6264

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