Under Contract Multi-Family MLS# 4016907

31 Chestnut St

East Orange City, NJ 07018

$569,000

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About 31 Chestnut St

Don't miss this opportunity to own a 3-unit multifamily property, each unit featuring 2 bedrooms and 1 full bathroom, along with separate entrances and proper egress for all units ideal for both investors and owner-occupants. This property offers a functional layout and solid income potential, complemented by separate utilities, allowing for efficient management and expense control. A major highlight is the expansive parking area, providing ample off-street parking for multiple vehicles a rare and valuable feature for tenants and owners alike. Perfect for those looking to house hack or expand their investment portfolio. Live in one unit while generating rental income from the others, or lease all three for maximum return. With the right strategy, this property presents an excellent opportunity to increase rents, build equity, and maximize cash flow over time. This property is ideal for house hackers, buy-and-hold investors, and those looking to scale a multifamily portfolio. Flexible use, strong fundamentals, and long-term upside make it a property worth exploring.

Property details

Property

Type
multi
Year built
1925
Lot
0.25 ac
List date
Mar 26, 2026

Schools

District
East Orange City School District

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Listed by EXP REALTY, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.