92 Chestnut Street, East Orange, NJ 07018

$649,999

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List Price
$649,999
Status
ACTIVE
Days on Market
22
MLS#
22621449
Subtype
Residential Income
Year Built
1915
Acres
0.17
MLS Area Major
East Orange (EOR)

Property Description

Income-producing opportunity with incredible flexibility! This well-maintained two-family home in East Orange is the perfect opportunity for investors or owner-occupants looking to maximize value. The property is in good condition and features a spacious 5-bedroom, 2-bath unit alongside a 2-bedroom, 1-bath unit, offering excellent income potential and flexible living arrangements.One unit is vacant while the other is owner-occupied, making it easy to move right in, bring in new tenants at market rent, or begin generating income immediately. Inside, you'll find generously sized bedrooms, high ceilings, and spacious living areas that create a bright and open feel throughout.Outside, a private driveway leads to an oversized rear parking area that also serves as a large backyard a rare feature that provides ample off-street parking along with plenty of outdoor space to enjoy.The unfinished basement provides excellent storage space and adds to the home's overall functionality.Ideally situated just 10 minutes from the train station with convenient access to major highways, commuting to New York City takes approximately 30 minutes. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this versatile property offers the space, convenience, and opportunity you've been searching for.

Additional Information

Taxes
$12,928
Air Conditioning
Other

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty West Monmouth. Contact: