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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

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 $5,051$60,612
Home Insurance *$445$5,340
Property Taxes $1,748$20,976
Electricity $330$3,964
Total$7,574$90,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$259,680/yr
40% on housing$227,220/yr
45% on housing$201,973/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 07017$276
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07017$274
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
2026-05-01Listed for sale$999,000
2026-04-13Listing removed$969,000
2026-03-20Listed for sale$969,000
2025-07-28Listing removed$2,700
2025-07-10Listed for rent$2,700
2025-06-21Listing removed$2,800
2025-05-15Price change$2,800
2025-04-30Listed for rent$3,000

For Sale by Agent

AgentDarren Nurse
BrokerageBhhs Jordan Baris Realty

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