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81 N Grove St #3, East Orange, NJ, 07017

6beds
5baths
2,997sqft
$999,000
$333price/sqft
$7,574/moest. monthly cost
$302,960/yrincome needed

About This Home

Welcome to a fantastic investment opportunity at 81 North Grove Street in East Orange. This well-maintained three-unit property is perfect for investors or owner-occupants looking to generate consistent rental income. The building features three spacious 2-bedroom apartments, each thoughtfully designed for comfort and functionality. Every unit includes its own washer and dryer, central air, and forced hot air heating, offering modern conveniences that today's tenants truly appreciate. An added bonus is the partially finished basement, providing additional usable space with potential for storage, recreation, or future customization. One of the standout features of this property is the rare 3-car garage, a major advantage in an area where parking can often be limited. This feature alone adds tremendous value and convenience for tenants. The location is equally appealing. The property is just moments away from Oval Park, a beautiful local green space perfect for walking, recreation, and enjoying the outdoors. Commuters will also appreciate the easy access to major highways and mass transit, making travel to surrounding towns and New York City convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers a compelling combination of location, functionality, and income potential.

Getting Around

65
WalkingSomewhat Walkable
63
TransitGood Transit
38
BikeSomewhat Bikeable

Schools

3/10
Mildred B. Garvin SchoolGrades PK,3-50.1 mi
2/10
1/10

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range/Oven - Gas,Refrigerator,Washer/Dryer Stacked,Water Softener Owned,Stackable Washer/Dryer

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Bedrooms,Eat-in Kitchen,Living/Dining Room,Eat-In Kitchen

Heating & Cooling

  • Heating features: Forced Air,Zoned,Natural Gas
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 2,997
  • Total interior livable area: 2,997 sqft

Property

Details

  • Parcel number: 1605001710000000100000

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 5,662 sqft
  • Lot size dimensions: 40 x 138

Parking

  • Total spaces: 3
  • Parking features: See Remarks,Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3