228 Elmwood Avenue

East Orange, NJ 07018

$550,000
Last Sold Price
7
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 228 Elmwood Ave, an impeccably maintained 3-family home that seamlessly blends modern convenience with timeless charm. Ideally situated in East Orange, this property offers an exceptional investment opportunity and flexible multi-family living with 1 unit being delivered vacant. This well-loved property boasts 3 individual units, each with its unique appeal: Unit 1 is a spacious 3-bedroom, 1-bathroom haven, currently leased for $1,810 per month, with the lease set to conclude at the end...Welcome to 228 Elmwood Ave, an impeccably maintained 3-family home that seamlessly blends modern convenience with timeless charm. Ideally situated in East Orange, this property offers an exceptional investment opportunity and flexible multi-family living with 1 unit being delivered vacant. This well-loved property boasts 3 individual units, each with its unique appeal: Unit 1 is a spacious 3-bedroom, 1-bathroom haven, currently leased for $1,810 per month, with the lease set to conclude at the end of this month 10/23. Unit 2, is currently vacant 3-bedroom, 1-bathroom residence, stands ready for your creative touch. It includes an additional sunroom, offering versatile living space to suit your preferences. Unit 3 is a 1-bedroom, 1-bathroom retreat, currently occupied and generating $1,210 per month in rental income. Like the other units, its lease will also conclude at the end of this month 10/23. Enhanced by a comprehensive renovation in 2019, this property guarantees modern comfort and style in each unit. Plus, it offers the convenience of two parking spots at the rear and efficient forced heating for all units, ensuring year-round comfort. This location in East Orange provides easy access to local amenities, schools, and public transportation, making it a solid investment in a thriving community. Don't let this unique opportunity pass you by. Whether you're an investor seeking solid returns or a homeowner looking for multi-family living.
  1. Listed by MATHEW MEISELS • NEW AND MODERN GROUP

Property Details for 228 Elmwood Avenue

Directions
Off S. Clinton St.
Days On Market
16

Location

Add your commute
LISTING UPDATED: 01/26/2024 12:23 PM

Property Details for 228 Elmwood Avenue

StatusSold
MLS #3871132
Days on Market16
Taxes$9,526 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built-
Lot Size0.06 AC / 2,613 SF
CountyEssex County

Location

Add your commute

Building Information for 228 Elmwood Avenue

Stories-Residences3Year Built-Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$3,795 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$794

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 228 Elmwood Avenue

Summary
Location and General Information
  • Active Days on Market: 16
  • Renovated Year: 2019
  • County #: Essex
  • Town Name: East Orange City
  • Block Identifier: 492
  • Listing Type: Exclusive Right to Sell
  • Town #: 1605.0
  • Street # Display: 228.0
  • # Parking Spaces: 2
  • County Or Parish: Essex
  • Street Name: Elmwood Ave
  • Zip Code: 07018-1843
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $9,526
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 327800.0
  • Tax ID For Property: 1605-00492-0000-00086-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Off-Street Parking
Property
Lot Information
  • Lot Identifier: 86
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 0
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 250600.0
  • Assessment Land: 77200.0
Utilities
  • Cooling: No Cool
  • Utilities: Gas-Natural
  • Water: Public Water
  • Heating: 3 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1810.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 2700.0
  • Unit 1 Sq Ft: 1000.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Sunroom
  • Unit 2 Rooms: 7.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 1050.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1210.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 1800.0
  • Unit 3 Sq Ft: 800.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 228 Elmwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 228 Elmwood Avenue

Taxable ValueLand$77,200Additions$250,600Total$327,800
Tax Record2022$9,526 ($794 / month)
Home Facts
Beds0Total Finished SqFt1,650 SqFtAbove Grade Finished SqFt1,650 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1930CountyESSEXAPN05 00492-0000-00086

Schools near 228 Elmwood Avenue

This home is within East Orange School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Langston Hughes School
PublicPK to 5

Patrick F Healy Middle School
Public6 to 8

Sojourner Truth Middle School
Public6 to 8

John L Costley Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NEW AND MODERN GROUP, MATHEW MEISELS

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 05/04/2024 08:13 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.