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550 Norwood St

East Orange City, NJ 07018
  • $574,900
  • STATUS: Active Under Contract
  • ON SITE: 70 Days
  • MLS #: 4018204
Under Contract
UPDATED: 35 min ago
$574,900
  • 7
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Single-Family Home
Built:
1925
County:

School Ratings & Info

Description

Excellent opportunity for both investors and owner-occupants! This well-maintained multi-unit property features three units, consisting of two 3-bedroom units and one 1-bedroom unit, offering strong rental potential and flexibility. Perfect for a buyer looking to live in one unit while generating income from the others.The two 3-bedroom units are spacious and very well maintained, reflecting consistent upkeep throughout ownership. The entire property has no major issues, with all mechanicals in good working condition, making this a true turnkey investment.Projected fair market rents for all three units exceed $7,000 per month, offering investors the potential for over a 10% cap rate. This makes it an ideal addition to any portfolio or a high-performing first investment.Additional highlights include a full basement providing ample storage or potential for additional use. The layout and unit mix make this a prime long-term hold or house-hack opportunity.Don't miss your chance to own a solid, income-producing property in a desirable market.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-06-12T13:49:46.623.
www.gardenstatehomesearcher.com/homes/174784425
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550 Norwood St East Orange City, NJ 07018

  • Price: $574,900
  • Status: Active Under Contract
  • On Site: 70 Days
  • Updated: 35 min ago
  • MLS #: 4018204
7
Beds
3
Baths
0
½ Baths
0.06
Acres
1925
Built
County:
Essex
Area:
East Orange City
Property Description
Excellent opportunity for both investors and owner-occupants! This well-maintained multi-unit property features three units, consisting of two 3-bedroom units and one 1-bedroom unit, offering strong rental potential and flexibility. Perfect for a buyer looking to live in one unit while generating income from the others.The two 3-bedroom units are spacious and very well maintained, reflecting consistent upkeep throughout ownership. The entire property has no major issues, with all mechanicals in good working condition, making this a true turnkey investment.Projected fair market rents for all three units exceed $7,000 per month, offering investors the potential for over a 10% cap rate. This makes it an ideal addition to any portfolio or a high-performing first investment.Additional highlights include a full basement providing ample storage or potential for additional use. The layout and unit mix make this a prime long-term hold or house-hack opportunity.Don't miss your chance to own a solid, income-producing property in a desirable market.
Exterior Features

Approximate Lot Size 25X100 Exterior Description Wood Garage Description None Parking Driveway Description None Pool No Primary Style Colonial Roof Description See Remarks Style Colonial

Interior Features

Appliances Refrigerator Basement Yes Basement Description FullUnfinished Cooling See Remarks Dining Room Level First Family Room Level First Heating See Remarks Kitchen Area Eat-In Kitchen Kitchen Level First Living Room Level First Number Of Fireplaces 0 Number Of Rooms 10 Pets Allowed Yes

Property Features

Assessment Total 380200 Block Identifier 462 Building Assessment 303200 Community Living No Easement Unknown Fha Age Restricted No Fuel Type Electric Land Assessment 77000 Sewer See Remarks Sub Property Type Single Family Tax Amount 12322 Tax Rate Amount 3.241 Tax Year 2025 Utilities See Remarks Water Private Year Built Description Standing

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 908-489-2740.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-06-12T13:49:46.623.
 
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The Dekanski Home Selling Team :: RE/MAX 1st Advantage
170 Inman Avenue
Colonia NJ, 07067