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491 Norwood St East Orange, NJ $ 550,000
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$ 550,000 Get more info
491 Norwood St
$ 550,000
Back to search
Share Save

491 Norwood St

East Orange, NJ, 07018
$ 550,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,431

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Multi-Family Home for sale in East Orange, NJ

for $550,000 with 5 bedrooms and 3 full baths. This home was built in 1925 on a lot size of 0.06.

Attention savy investors and first time home buyers. Stunning Income-Generating in East Orange " Flip Opportunity! Step into this charming 1925-built two-family home, ideally located near transit, parks, and shops. The first-floor unit has the potential to offer 2 bedrooms, a modern eat-in kitchen, luxe hardwood/tile floors, and a spacious living/dining area.The second-floor unit features 3 bedrooms, 1 bath, and attic rooms awaiting your design vision perfect for modern rental demand. Both units have separate utilities and heating, ensuring rental efficiency.Attic and basement each has its own separate entrance which could be renovated into a separate space.Don't miss your chance to own and flip a versatile, cash-flowing property in an in-demand East Orange neighborhood... Short Sale approved by bank!

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Multi-Family Active

Price

$ 550,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 16,088

Style

2-Two Story

Lot Size

0.06

Year Built

1925

Town/City

East Orange

County/Region

Essex

MLS | Web ID

3977309
Features
Interior
Interior Amenities Carpeting Vinyl-Linoleum Floors
Basement Unfinished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 5
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General
Sewer Public Sewer
Heating Radiators - Steam
Cooling Attic Fan Window A/C(s)
Utilities Gas-Natural
Possession at closing
Roof Asphalt Shingle
Architectural Style 2-Two Story
Exclusions personal property
Year Built 1925
Garage On-Street Parking
Township East Orange City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 13
Full Baths 3
Status Active
Directions Google maps
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 16088
Home Warranty Y/N No
Drive None
Standard Status Active
Tax Assessed Value 512200
Town # 1605
Tax Lot 30
Farm Assessment No
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
DARY M ORTEGA

Listing Agent

Real

Broker

Affordability Calculator

$4,772
Per Month
72%
28%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$1,341
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/24/2025$499,000 Listed Price

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491 Norwood St, East Orange, NJ, 07018 is a Multi-Family Home for sale at $550,000 with a lot size of 0.06. 491 Norwood St has 5 bedrooms, 3.0 baths, and was built in 1925. The property's zip code is 07018 which is in East Orange, NJ

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