10 S Grove St
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10 S Grove St
25 Unit Block of Flats For Sale East Orange, NJ 07018
Investment Highlights
- 60% 2-bedroom units
- Ample parking
- Large value-add due to below market rents
- On-site Superintendent
Executive Summary
The property consists of a mid-rise, 25-unit apartment building with on-site parking for 25 cars. This property has large upside
due to below market rents.
The property is only an 8 minute walk to East Orange train station with direct trains to NYC in 22 minutes.
due to below market rents.
The property is only an 8 minute walk to East Orange train station with direct trains to NYC in 22 minutes.
Property Facts
Sale Type | Investment | Lot Size | 0.19 AC |
No. Units | 25 | Building Size | 16,000 SF |
Property Type | Residential | Number of Floors | 4 |
Property Subtype | Apartment | Year Built | 1923 |
Apartment Style | Mid Rise | Opportunity Zone |
Yes
|
Building Class | C |
Sale Type | Investment |
No. Units | 25 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.19 AC |
Building Size | 16,000 SF |
Number of Floors | 4 |
Year Built | 1923 |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 25 | - | - |
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PROPERTY TAXES
Parcel Number | 05-00180-0000-00015-01 | Improvements Assessment | £1,199,026 |
Land Assessment | £508,593 | Total Assessment | £1,707,619 |
PROPERTY TAXES
Parcel Number
05-00180-0000-00015-01
Land Assessment
£508,593
Improvements Assessment
£1,199,026
Total Assessment
£1,707,619
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10 S Grove St
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