Welcome to 240 Amherst Street, East Orange, NJ! An excellent opportunity for investors and owner-occupants alike, this two-family property offers spacious living arrangements and income-producing potential. Unit 1 features 3 bedrooms and 1 full bathroom, while Unit 2 offers an impressive 5 bedrooms and 2 full bathrooms, providing generous space across both residences. Both units are fully rented, offering established rental income from day one for investors looking to expand their portfolio. Conveniently located in East Orange, the property offers access to local shopping, restaurants, parks, schools, and public transportation. With nearby NJ Transit connections, major roadways, and convenient access to surrounding communities and New York City, the location offers practicality for residents and renters alike. Whether you're looking to expand your real estate portfolio or explore a multi-family investment with existing tenants, 240 Amherst Street presents an opportunity worth exploring!
For sale
$649,500
240 Amherst Street, East Orange, NJ 07018
8beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spacious living arrangements
- 1 day
- 110
- 6
Zillow last checked:
Listing updated:
Listed by:
Maikol Puebla 201-710-0598,
Coldwell Banker, Ridgewood,
Raquel Vasquez 973-277-5507,
Coldwell Banker, Ridgewood
Source: NJMLS,MLS#: 26039041
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Property
Details
- Parcel number: 0500491000000059
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat
Community & HOA
Location
- Region: East Orange
Financial & listing details
- Tax assessed value: $405,500
- Annual tax amount: $13,142
- Date on market: 10/13/2026
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $649,500+12% |
Source:  NJMLS #26039041 Report a problem | ||
| 6/20/2022 | Sold | $580,000+480% |
Source: Public Record Report a problem | ||
| 5/13/2022 | Sold | $100,000-61.4% |
Source: Public Record Report a problem | ||
| 10/16/2019 | Sold | $259,000+418% |
Source: Public Record Report a problem | ||
| 1/28/2013 | Sold | $50,000-68.7% |
Source: Public Record Report a problem | ||
| 9/27/2002 | Sold | $159,900+171% |
Source: Public Record Report a problem | ||
| 1/8/2002 | Sold | $59,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,142 +3.2% | $405,500 |
| 2024 | $12,737 +8.1% | $405,500 |
| 2023 | $11,784 +64.9% | $405,500 |
| 2022 | $7,148 +1.3% | $405,500 +214.3% |
| 2021 | $7,056 +1.3% | $129,000 |
| 2020 | $6,966 +1.3% | $129,000 |
| 2019 | $6,880 | $129,000 |
| 2018 | $6,880 +4.5% | $129,000 |
| 2017 | $6,583 +2.5% | $129,000 |
| 2016 | $6,422 +1.4% | $129,000 |
| 2015 | $6,331 +3.9% | $129,000 |
| 2014 | $6,094 -28.3% | $129,000 -49.6% |
| 2012 | $8,503 +4.7% | $255,800 |
| 2011 | $8,124 +12.1% | $255,800 |
| 2010 | $7,247 +7.4% | $255,800 |
| 2009 | $6,751 +9% | $255,800 |
| 2008 | $6,190 +8.9% | $255,800 |
| 2007 | $5,687 | $255,800 +1123.9% |
| 2006 | -- | $20,900 |
| 2005 | -- | $20,900 |
| 2004 | -- | $20,900 |
| 2003 | -- | $20,900 |
| 2002 | -- | $20,900 |
| 2001 | -- | $20,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 07018
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