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Under contract
  • $875,000

    7 Prospect Ter, East Orange City, NJ 07017

    7beds
    2,768sqft
    : 
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    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $316/sqft
    $-- HOA

    What's special

    Central airForced hot air throughoutWasher and dryer hookupsTwo car garage
    An income producing masterpiece has hit the market. This massive three family home features a 6+ car driveway and a two car garage, offering both scale and flexibility. With two units delivered vacant, you have the opportunity to maximize rents or occupy immediately. The property has been meticulously maintained and includes central air and forced hot air throughout. The first floor offers a spacious 3 bedroom, 1 bathroom unit with washer and dryer hookups, the second floor features an even larger 3 bedroom, 2 bathroom layout, and the third unit is a well proportioned 1 bedroom, 1 bathroom. The basement is expansive with high ceilings and endless potential for additional use. Conveniently located near major highways, parks, shopping and more, this is a rare opportunity to own an almost fully vacant multifamily, do not miss it.
    83 days
    |
    23
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Oscar Nunez-paz 201-519-4739,

    Keller Williams City Views Realty

    Source: GSMLS,MLS#: 4020552MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • 3 Units, Natural Gas
      Cooling
      • 3 Units, Central Air
      Appliances
      • Included: Dishwasher, Range/Oven - Gas, Refrigerator
      • Laundry: Laundry Room
      Features
      • Bedrooms, Eat-in Kitchen, Kitchen, Living Room, Living/Dining Room, Eat-In Kitchen
      • Basement: Yes,Full
      • Has fireplace: No
      Interior area
      • Total structure area: 2,768
      • Total interior livable area: 2,768 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: 1 Car Width, 2 Car Width, Detached Garage
      • Garage spaces: 2
      • Uncovered spaces: 6
      Features
      • Levels: 3-Three Story
      • Stories: 3
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 50 x 96
      Details
      • Parcel number: 1605005520000000020000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1930
      • Major remodel year: 2019

      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: $316/sqft
      • Tax assessed value: $483,500
      • Annual tax amount: $15,670
      • Date on market: 4/14/2026
      • Exclusions: Personal items
      • Total actual rent: 1650
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/4/2026Pending sale$875,000$316/sqft
        Source: NJMLS #26012779 Report a problem
        4/14/2026Listed for sale$875,000+993.8%$316/sqft
        Source: GSMLS #4020552 Report a problem
        12/10/2020Listing removed$1,950$1/sqft
        Source: RE/MAX FIRST REALTY II #3644174 Report a problem
        6/30/2020Listed for rent$1,950$1/sqft
        Source: RE/MAX FIRST REALTY II #3644174 Report a problem
        4/10/2018Sold$80,000+21.4%$29/sqft
        Source: GSMLS #3394156 Report a problem
        6/16/2017Pending sale$65,900$24/sqft
        Source: HAWLEY REAL ESTATE #3394156 Report a problem
        6/13/2017Listed for sale$65,900-70.3%$24/sqft
        Source: HAWLEY REAL ESTATE #3394156 Report a problem
        2/22/2017Listing removed$221,818+19.9%$80/sqft
        Source: Auction.com Report a problem
        1/31/2017Listed for sale--
        Source: Auction.com Report a problem
        5/19/2004Sold$185,000$67/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,670 +3.2%$483,500
        2024$15,187 +8.1%$483,500
        2023$14,051 +92.5%$483,500
        2022$7,298 +1.3%$483,500 +267.1%
        2021$7,204 +1.3%$131,700
        2020$7,112 +1.3%$131,700
        2019$7,020 $131,700
        2018$7,020 -41.2%$131,700 -43.7%
        2017$11,931 +2.5%$233,800
        2016$11,639 +1.4%$233,800
        2015$11,475 +3.9%$233,800
        2014$11,045 +62%$233,800
        2013$6,818 +4.3%$233,800 +18.9%
        2012$6,535 +4.7%$196,600
        2011$6,244 +12.1%$196,600
        2010$5,570 +7.4%$196,600
        2009$5,188 +9%$196,600
        2008$4,758 -7.5%$196,600
        2007$5,143 $196,600 +940.2%
        2006-- $18,900
        2005-- $18,900
        2004-- $18,900
        2003-- $18,900
        2002-- $18,900
        2001-- $18,900

        Find assessor info on the county website

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        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 07017

        Getting around

        82 / 100
        Very Walkable
        63 / 100
        Good Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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