Active

$550,000

250 Elmwood Ave, East Orange City, NJ 07018

5beds

2,446sqft

$4,124/mo

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Multi Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$225/sqft

$-- HOA

What's special

The perfect multifamily opportunity does exist, and at a price point that is hard to find. Welcome to Elmwood Avenue, a move in ready two family property offering flexibility for both owner occupants and investors. One unit is currently vacant, providing the opportunity to move in, lease it out, or explore additional ways to maximize the property's potential. Situated on a generous 116 foot deep lot, this property offers plenty of space and possibilities. The first floor is occupied by a month to month tenant and features 2 bedrooms and 1 full bathroom. The second floor, along with the finished attic, offers 3 bedrooms, 1 full bathroom, and additional finished space with great potential. A large unfinished basement provides even more possibilities for storage or future improvements. Conveniently located near public transportation, train and bus service, parks, schools, shopping, major roadways, and more.

23 hours

241

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

2 Units, Forced Air, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range/Oven - Gas, Refrigerator

Features

Bedrooms, Eat-in Kitchen, Kitchen, Living Room, Attic, Eat-In Kitchen
Basement: Yes,Full,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 2,446
Total interior livable area: 2,446 sqft

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2

Lot

Size: 3,484 Square Feet
Dimensions: 31 x 116

Details

Parcel number: 1605007440000000540000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1930

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: East Orange

Financial & listing details

Price per square foot: $225/sqft
Tax assessed value: $421,500
Annual tax amount: $13,660
Date on market: 8/18/2026
Total actual rent: 2100
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/18/2026	Listed for sale	$550,000+22.2%$225/sqft
Source: GSMLS #4047609 Report a problem
12/23/2024	Sold	$450,000+341.2%$184/sqft
Source: Public Record Report a problem
3/27/2019	Sold	$102,000+2.1%$42/sqft
Source: GSMLS #3515488 Report a problem
11/19/2018	Pending sale	$99,900$41/sqft
Source: NJ REO ASSET MANAGEMENT & REALTY, #3515488 Report a problem
11/13/2018	Listed for sale	$99,900-28.1%$41/sqft
Source: NJ REO ASSET MANAGEMENT & REALTY, #3515488 Report a problem
12/27/2017	Listing removed	$139,000$57/sqft
Source: ALL JERSEY REALTY, INC. #3357499 Report a problem
1/14/2017	Listed for sale	$139,000-46.3%$57/sqft
Source: Century 21 Picciuto Realty #3357499 Report a problem
11/18/2003	Sold	$259,000$106/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,661 +35.9%	$421,500 +31.7%
2024	$10,054 +8.1%	$320,100
2023	$9,302 +5.3%	$320,100
2022	$8,832 +1.3%	$320,100 +100.8%
2021	$8,719 +1.3%	$159,400
2020	$8,608 +4.3%	$159,400
2019	$8,251	$159,400
2018	$8,251 +4.7%	$159,400
2017	$7,884 +2.6%	$159,400
2016	$7,685 +1.5%	$159,400
2015	$7,573 +4%	$159,400
2014	$7,280 -5.1%	$159,400
2013	$7,674 +4.5%	$159,400 -30.2%
2012	$7,345 +4.8%	$228,500
2011	$7,007 +12.6%	$228,500
2010	$6,223 +7.7%	$228,500
2009	$5,780 +9.5%	$228,500
2008	$5,280 -4.3%	$228,500
2007	$5,519	$228,500 +977.8%
2006	--	$21,200
2005	--	$21,200
2004	--	$21,200
2003	--	$21,200
2002	--	$21,200
2001	--	$21,200