23 S 17Th St, East Orange City, NJ 07018
Essex County
Key Facts
Description
Don't miss this incredible income-producing three-family property featuring 11 total bedrooms and 3 full bathrooms, offering excellent cash flow and strong upside potential. Currently generating $4,700 per month in rental income, this property is ideal for both investors and owner-occupants.Each unit offers spacious layouts, and the large basement provides endless possibilities for additional storage, recreation space, or potential bonus rooms (subject to municipal approvals). The property also features a whole-house water softener system, off-street parking, and the increasingly sought-after convenience of an electric vehicle charging station.Occupancy flexibility makes this a standout investment:1 Unit: Month-to-Month Tenant. Second Unit: Lease in Place Until January. 3rd Floor: Will be delivered Vacant. Perfectly positioned between Interstate 280 and the Garden State Parkway, this property offers easy access to major highways and is conveniently located near NJ Transit stations with direct service to New York City, making it highly attractive to commuters.Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this versatile multi-family property presents an outstanding opportunity in one of Newark's rapidly growing neighborhoods.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
3-Three Story
Year Built
1930
Stories
3
Lot Size
0.09 acres
Days on Market
7
MLS® Listing#
4037593
Property Features
Heating
Basement
Parking
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$19,335
Tax year 2025
Assessed Value
$596,600
Parcel Number
1605-00022-0000-00007-0000-
Directions
GPS TURN INTO 17TH ST
Affordability Calculator
$157,800
Estimated monthly payment
$4,199/mo
Principal $631,200 · Est. interest $880,580 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in East Orange City, NJ
- $617,965
- Median Listing Price
- 48
- Median Days on Market
- 1,468
- Median Sq Ft
- $373
- Median Price / Sq Ft
- 3,513
- Active Listings
- This home’s price is 28% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in East Orange City, NJ.
Location
Points of Interest in East Orange City, NJ
Showing the East Orange City area map.
Nearby Schools
Dionne Warwick Institute
Elementary · 0.2 mi away
Lead Charter School
School · 0.3 mi away
Essex County Donald M. Payne Sr. School of Technology
Secondary · 0.4 mi away
Leaguers Inc
School · 0.5 mi away
Roseville Community Charter School
Elementary · 0.5 mi away
Martin Luther King Junior Elementary School
Elementary · 0.5 mi away
New Testament Church School
School · 0.5 mi away
Garvin Elementary School
Elementary · 0.6 mi away
Gordon Parks Academy
School · 0.6 mi away
Thirteenth Avenue Elementary School
Elementary · 0.7 mi away
Full Gospel Christian Academy
School · 0.7 mi away
John F. Kennedy School
School · 0.7 mi away
Sussex Avenue School
Elementary · 0.7 mi away
West Side High School
Secondary · 0.7 mi away
Langston Hughes Elementary School
Elementary · 0.7 mi away
Ecole Toussaint Louverture
Elementary · 0.7 mi away
Saint Antoninus School
School · 0.8 mi away
Dr. E. Alma Flagg School
Elementary · 0.8 mi away
East Orange Community Charter School
School · 0.8 mi away
Fourteenth Avenue School
Elementary · 0.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 407 Jefferson Ave, Elizabeth City, NJ | $690,000 | 11 | 5 | 19,998 |
| 154 Belmont Ave, Paterson City, NJ | $699,999 | 12 | 3 | 29,997 |
| 56 Vanderpool St, Newark City, NJ | $749,900 | 11 | 4 | — |
| 151 Vermont Ave, Newark City, NJ | $750,000 | 10 | 3 | — |
| 174 Littleton Ave, Newark City, NJ | $752,000 | 10 | 3 | 3,000 |
| 743 S 12Th St, Newark City, NJ | $755,000 | 11 | 6 | 2,800 |
Moving Cost Estimate
EXIT Agents in East Orange City
Listing Courtesy: KELLER WILLIAMS VILLAGE SQUARE - 2014454300