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47 Chestnut St #0, West Orange, NJ, 07052

--beds
2baths
1,800sqft
$599,900
$333price/sqft
$4,447/moest. monthly cost
$177,880/yrincome needed

About This Home

Exceptional & well maintained mixed-use investment all-brick building with street-level retail storefront currently occupied by a long-established accounting firm and a spacious 2-bedroom apartment above. Tenants have occupied the building for 10+ years, offering stability and consistent occupancy history. Property includes 5 garages plus additional driveway parking, creating additional income potential and convenience. Separate utilities for each unit. All tenants are on a month-to-month lease. Ideal opportunity for investors or owner-occupants seeking supplemental rental income. See attached income/expense sheet for financial details.

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

6/10
6/10
Liberty Middle SchoolGrades 7-83.1 mi
6/10
West Orange High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1926

Materials

  • Roof: Flat
  • Construction materials: Brick/Block

Type & Style

  • Home type: Apartment
  • Property subType: Apartment

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bathrooms: 2

Features

  • Door features: Max Door Height: 9
  • Flooring: Laminate,Wood

Heating & Cooling

  • Heating features: 1 Unit,Baseboard - Electric,Radiators - Steam,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,800 sqft

Property

Details

  • Parcel number: 1622001340000000010000
  • Attached to another structure: Yes
  • Zoning description: B-1
  • Other equipment: Appliances,See Remarks

Features

  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Features: Corner Lot,Corner,Residential Area
  • Lot size dimensions: 25 x 100

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$167$2,004
Property Taxes $1,049$12,588
Electricity $198$2,381
Total$4,447$53,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,468/yr
40% on housing$133,410/yr
45% on housing$118,586/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$333This listing

vs Other Active Listings

Avg $/sqft

ZIP 07052$379
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07052$370
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-16Price change$599,900
2026-05-18Listed for sale$649,900

For Sale by Agent

AgentAngela D Aries
BrokerageProminent Properties Sir

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