40.77136 -74.24145

21-23 Lafayette St West Orange Township, NJ 07052

315619386 40.77136 -74.24145 2412 /listing/315619386-150272369/21-23-lafayette-st-west-orange-township-nj-07052 False 0 649000.0 105 8 3782391 False
  • $649,000
  • 8 bd
  • 0.09 lot
  • Est payment $3483.97/mo

Property & Neighborhood Info

Courtesy Of BOUTIQUE REALTY LLC

Multi-Family in West Orange Twp.

Asking $649,000. This is a rare great condition legal 4 unit building. One parking space. Unit 1: 2 bed/1 bath, Rented for $1,200. Unit 2: 1 bed/1 bath, Rented for $1,250 (could convert to a 2 bed). Unit 3: 2bed/1 bath, Rented for $1,285. Unit 4: 2 bed/1 bath, Rented for $1,180. All fair market rents are $1,600-$1650 for these units, rented under market value! Current Annual Rent- $58,980. Current Annual Expenses- $28,801. NOI- $30,179. The Building has all separate utilities. All units are central ac/forced hot air. Attached is the Income/Expense Report for others to reference

Courtesy Of BOUTIQUE REALTY LLC
  1. 8 Beds
  2. 0.09 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1892
  • Rooms: 12
  • County: Essex
  • Taxes: $14,231.00
  • Tax Year: 2021
  • Units: 4
  • MLS Number:3782391

Additional Features

  • Cooling:
    • Central Air
  • Exclusions:
    • personal items
  • Garage:
    • None
  • Roof:
    • Asphalt Shingle
  • Unit Style:
    • 2-Two Story
    • Fourplex
  • Water Source:
    • Public Water
  • Year Built Description:
    • Standing
  • Basement:
    • Bilco-Style Door
    • Unfinished
  • Driveway:
    • 1 Car Width
  • Exterior:
    • Vinyl Siding
  • Acres:
    • 0.09
  • Parking Spaces:
    • 1
  • Expenses Include:
    • Insurance
    • Maintenance
    • See Remarks
    • Taxes
  • Heating:
    • Forced Hot Air
    • See Remarks
  • Heating Source:
    • Gas-Natural
  • Sewer:
    • Public Sewer
  • Utilities:
    • Electric
    • Gas-Natural
  • Easements:
    • No
  • Gross Income:
    • 58980
  • Home Warranty:
    • No
  • Tax Rate:
    • 4.354
  • Assessment Building:
    • 250700
  • Assessment Land:
    • 81500
  • Net Income:
    • 30179
  • Operating Expense:
    • 28801
  • Possession:
    • at closing
  • Tax Assessment:
    • 332200
  • Tax Block:
    • 12
  • Tax Property ID:
    • 26
  • Tax ID:
    • 1622-00012-0000-00026-0000-
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.
Gwendolynn A. Van der Zyppe
Gwendolynn A. Van der Zyppe
MBA, ABR®, CIPS, CRS, ePRO, GREEN, SRES®, SRS, SFR
635 Valley Road Montclair NJ 07043
Request More Info
40.77136 -74.24145

21-23 Lafayette St West Orange Township, NJ 07052

315619386 40.77136 -74.24145 2412 /listing/315619386-150272369/21-23-lafayette-st-west-orange-township-nj-07052 False 0 649000.0 105 8 3782391 False
  • $649,000
  • 8 bd
  • 0.09 lot
  • Est payment $3483.97/mo