550 Norwood St East Orange, NJ $ 599,900
550 Norwood St
$ 599,900
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550 Norwood St

East Orange, NJ, 07018
$ 599,900
Bedrooms7 Baths3.0

Monthly Estimate*

$ 3,694

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Single Family Home for sale in East Orange, NJ

for $599,900 with 7 bedrooms and 3 full baths. This home was built in 1925 on a lot size of 0.06.

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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Single Family Active

Price

$ 599,900

Bedrooms

7

Full Bath

3

Property Type

Single Family

Taxes

$ 12,322

Style

Colonial

Lot Size

0.06

Year Built

1925

Town/City

East Orange

County/Region

Essex

MLS | Web ID

4018204

Features
General
Sewer See Remarks
Heating See Remarks
Cooling See Remarks
Utilities See Remarks
Possession At Closing
Roof See Remarks
Appliances Refrigerator
Garage Spaces 1
Architectural Style Colonial
Year Built 1925
Garage None
Township East Orange City
Tax Year 2025
Ownership Fee Simple
County Essex
Total Rooms 10
Full Baths 3
Status Active
Directions Located in the Elmwood neighborhood in East Orange
Tax Annual Amount 12322
Drive None
Standard Status Active
Tax Assessed Value 380200
Town # 1605
Tax Lot 7
Primary Style Colonial
Sub Property Type Single Family
Community Living No
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Interior
Basement Full Unfinished
Total Fireplaces 0
Kitchen Level First
Living Room Level First
Dining Room Level First
Family Room Level First
Fuel Type Electric
Half Baths 0
Total Bedrooms 7
Kitchen Features Eat-In Kitchen
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Exterior
Pool No
Water Source Private
Exterior Description Wood
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
MICHAEL DENTE

Listing Agent

Exp Realty, Llc

Broker

Affordability Calculator

$4,721
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$1,027
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
4/2/2026$599,900 Listed Price

Map


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550 Norwood St, East Orange, NJ, 07018 is a Single Family Home for sale at $599,900 with a lot size of 0.06. 550 Norwood St has 7 bedrooms, 3.0 baths, and was built in 1925. The property's zip code is 07018 which is in East Orange, NJ