40.776745 -74.241005

20 Wheeler St WEST ORANGE, NJ 07052

316026760 40.776745 -74.241005 2412 /listing/316026760-150106935/20-wheeler-st-west-orange-nj-07052 False 0 685000.0 105 8 3783118 False
  • $685,000
  • 8 bd
  • 0.12 lot
  • Est payment $3677.23/mo

Property & Neighborhood Info

Courtesy Of COMPASS NEW JERSEY LLC, 973-310-7360

Multi-Family in West Orange Twp.

Great Investment property with 8% Cap Rate. 4 unit income producing opportunity in convenient location close to highways, transportation (Including Jitney to NYC Train) and Downtown West Orange Shops and Restaurants. All units occupied, Tenants currently on Month to Month leases. Only one of 4 garages currently rented so opportunity exists for immediate additional income. Some updates to baths and kitchens and new boiler in the past 5 years. Solid income stream that could be further improved with some minor upgrades. Property being conveyed in "AS IS" condition with buyer responsible for municipal requirements. Income/Expense info attached to listing. Annual Rental Income $76,200 - Expenses $20,804 - NOI $55,396.

Courtesy Of COMPASS NEW JERSEY LLC, 973-310-7360
  1. 8 Beds
  2. 0.12 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1914
  • Garage: 4.0
  • Rooms: 16
  • County: ESSEX
  • Taxes: $14,184.00
  • Tax Year: 2021
  • Units: 4
  • MLS Number:3783118

Additional Features

  • Cooling:
    • None
  • Water Heater:
    • Gas
  • Garage:
    • Detached Garage
    • See Remarks
  • Roof:
    • Flat
  • Unit Style:
    • Fourplex
  • Water Source:
    • Public Water
  • Year Built Description:
    • Approximate
  • Basement:
    • Full
    • Unfinished
  • Driveway:
    • Blacktop
    • Off-Street Parking
    • Parking Lot-Shared
  • Exterior:
    • Vinyl Siding
  • Exterior Features:
    • Deck
    • Enclosed Porch(es)
    • Metal Fence
  • Acres:
    • 0.12
  • Lot Features:
    • Level Lot
  • Parking Spaces:
    • 4
  • Expenses Include:
    • Heat
    • Insurance
    • Taxes
  • Heating:
    • 1 Unit
    • Radiators - Steam
  • Heating Source:
    • Gas-Natural
  • Sewer:
    • Public Sewer
  • Utilities:
    • Electric
    • Gas-Natural
  • Easements:
    • Unknown
  • Gross Income:
    • 76200
  • Home Warranty:
    • No
  • Tax Rate:
    • 4.354
  • Assessment Building:
    • 260500
  • Assessment Land:
    • 70600
  • Attribution Contact:
    • 973-310-7360
  • Net Income:
    • 55396
  • Operating Expense:
    • 20804
  • Possession:
    • TBA
  • Tax Assessment:
    • 331100
  • Tax Block:
    • 69
  • Tax Property ID:
    • 13
  • Tax ID:
    • 1622-00069-0000-00013-0000-
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Julie Salmon
Julie Salmon
Sales Associate
242 Bellevue Ave Upper Montclair NJ 07043
request more info.
40.776745 -74.241005

20 Wheeler St WEST ORANGE, NJ 07052

316026760 40.776745 -74.241005 2412 /listing/316026760-150106935/20-wheeler-st-west-orange-nj-07052 False 0 685000.0 105 8 3783118 False
  • $685,000
  • 8 bd
  • 0.12 lot
  • Est payment $3677.23/mo