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289 Amherst St

East Orange NJ 07018

8
3
2897 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Huge 2 Family w/bonus unit 3/3/2 Bedrooms with low taxes and a large garden located on a one way street in East Orange. Great renovation project with plans and permits saving the potential buyer time, expenses & holding costs. After repair value $599 to 625K+ Rental $2000/2000/1600 to $2300/2300/1600= $5600 to 6200+ Potential Gross Rental Income. Close to all modes of public transportation and minutes away from I-280 and Garden State Pkwy an easy commute to New York. Signed Buyers Hold Harless & release regarding covid required. Pls use all precautions when walking through the home as well as being accompanied by a contractor or real estate professional at all times. The buyer is responsible for all city inspections. This home will not qualify for a standard FHA loan. Only Cash, Private Funding, Renovation Loan, Hard Money & FHA 203K. Pls follow offer submission instructions and ensure all offers are submitted via email with proof of fund

Features

8 bedrooms
3 bathrooms
2897 sq. ft. lot size
Multi-Family

Property history for 289 Amherst St

2021
Sold
$165,000
25 Jun 2021
2021
Sold
$165,000
10 Mar 2021 by Juan Cruz, of Realty ONE Group Legend | Clifton
2019
Sold
$138,000
30 Apr 2019

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Local market activity for 8 bedroom multi families in East Orange

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