Welcome to your newly renovated 2 unit home in the heart of East Orange. Boasting with 4 bedrooms, 2 modern bathrooms with a large finished basement and a prime location. This property presents a rare investment opportunity for those seeking both comfort and potential rental income. This home presents a great turnkey solution for the modern homeowner or investor opportunity to generate steady monthly rental income between $**00-**00 + or the possibility of owner-occupancy with rental income potential. Step into each unit to find a spacious open plan features with a seamless blend of modern aesthetics with functionality. Each kitchen is a culinary haven, equipped with stainless steel appliances, sleek cabinetry, and ample counter space. The living areas are bathed in natural light and hardwood flooring, creating an inviting atmosphere great for entertaining, providing residents with a private retreat after a busy day. Making this property ideal for diverse housing needs.
Sold for $580,000
$580,000
162 Tremont Ave, East Orange, NJ 07018
4beds
--sqft
Multi Family
Built in ----
-- sqft lot
$676,600 Zestimate®
$--/sqft
$2,382 Estimated rent
Home value
$676,600
$629,000 - $731,000
$2,382/mo
Zestimate® history
Owner options
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$2,382/mo
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$2,382/mo
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$4,116/mo
Est. payment
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$4,116/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Darrell Bailey 862-283-1281,
EXP Realty, LLC
Bought with:
Outside Agent
Outside Office
Source: NJMLS,MLS#: 24009167
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Laundry: None
Property
Details
- Parcel number: 050047100000000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: See Remarks
Community & HOA
Location
- Region: East Orange
Financial & listing details
- Tax assessed value: $531,200
- Annual tax amount: $8,189
- Date on market: 3/28/2024
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2024 | Sold | $580,000+65.7% |
Source:  NJMLS #24009167 Report a problem | ||
| 12/26/2023 | Sold | $350,000+20.3% |
Source: Public Record Report a problem | ||
| 1/6/2022 | Sold | $291,048+66.8% |
Source: Public Record Report a problem | ||
| 9/22/2017 | Sold | $174,500-3% |
Source: Public Record Report a problem | ||
| 10/25/2007 | Sold | $179,900-33.1% |
Source: Public Record Report a problem | ||
| 2/10/2005 | Sold | $269,000+106.9% |
Source: Public Record Report a problem | ||
| 10/6/2004 | Sold | $130,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,216 +70.6% | $531,200 +65.4% |
| 2024 | $10,089 +23.2% | $321,200 +14% |
| 2023 | $8,189 +8.4% | $281,800 |
| 2022 | $7,558 +1.3% | $281,800 +106.6% |
| 2021 | $7,461 +1.3% | $136,400 |
| 2020 | $7,366 +1.3% | $136,400 |
| 2019 | $7,274 | $136,400 |
| 2018 | $7,274 +4.5% | $136,400 |
| 2017 | $6,960 +2.5% | $136,400 |
| 2016 | $6,790 +1.4% | $136,400 |
| 2015 | $6,695 +3.9% | $136,400 |
| 2014 | $6,444 -18.6% | $136,400 |
| 2013 | $7,914 +4.3% | $136,400 -40.2% |
| 2012 | $7,585 -11.8% | $228,200 |
| 2011 | $8,604 +12.1% | $228,200 -15.8% |
| 2010 | $7,675 +7.4% | $270,900 |
| 2009 | $7,149 +9% | $270,900 |
| 2008 | $6,556 | $270,900 +1807.7% |
| 2006 | -- | $14,200 |
| 2005 | -- | $14,200 |
| 2003 | -- | $14,200 |
| 2002 | -- | $14,200 |
| 2001 | -- | $14,200 |
Find assessor info on the county website
Neighborhood: 07018
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Nearby schools
GreatSchools rating
- 4/10Benjamin Banneker AcademyGrades: PK-8Distance: 0.1 mi
- 1/10East Orange Campus High SchoolGrades: 9-12Distance: 1.9 mi
- NAAlthea Gibson Early Childhood AcademyGrades: PK-KDistance: 1.2 mi
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Estimated market value
$676,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$676,600
- New Jersey
- Essex County
- East Orange
- 07018
- 162 Tremont Ave
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