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491 Norwood St

East Orange City, NJ 07018
  • $550,000
  • STATUS: Active
  • ON SITE: 110 Days
  • MLS #: 3977309
Short Sale
$550,000
  • 5
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Attention savy investors and first time home buyers. Stunning Income-Generating in East Orange " Flip Opportunity! Step into this charming 1925-built two-family home, ideally located near transit, parks, and shops. The first-floor unit has the potential to offer 2 bedrooms, a modern eat-in kitchen, luxe hardwood/tile floors, and a spacious living/dining area.The second-floor unit features 3 bedrooms, 1 bath, and attic rooms awaiting your design vision perfect for modern rental demand. Both units have separate utilities and heating, ensuring rental efficiency.Attic and basement each has its own separate entrance which could be renovated into a separate space.Don't miss your chance to own and flip a versatile, cash-flowing property in an in-demand East Orange neighborhood... Short Sale approved by bank!

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-11-11T23:48:35.567.
www.baerhomes.com/homes/166226960
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491 Norwood St East Orange City, NJ 07018

  • Price: $550,000
  • Status: Active
  • On Site: 110 Days
  • MLS #: 3977309
5
Beds
3
Baths
0
½ Baths
0.06
Acres
1925
Built
County:
Essex
Area:
East Orange City
Property Description
Attention savy investors and first time home buyers. Stunning Income-Generating in East Orange " Flip Opportunity! Step into this charming 1925-built two-family home, ideally located near transit, parks, and shops. The first-floor unit has the potential to offer 2 bedrooms, a modern eat-in kitchen, luxe hardwood/tile floors, and a spacious living/dining area.The second-floor unit features 3 bedrooms, 1 bath, and attic rooms awaiting your design vision perfect for modern rental demand. Both units have separate utilities and heating, ensuring rental efficiency.Attic and basement each has its own separate entrance which could be renovated into a separate space.Don't miss your chance to own and flip a versatile, cash-flowing property in an in-demand East Orange neighborhood... Short Sale approved by bank!
Exterior Features

Approximate Lot Size 25X100 Exterior Description Aluminum Siding Garage Description On-Street Parking Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description UnfinishedWalkout Cooling Attic FanWindow A/C(s) Heating Radiators - Steam Interior Features CarpetingVinyl-Linoleum Floors Total Number Of Rooms 13 Unit1 Appliances Equipment CarbMDetCookGasRgOvGasRefrigSmokeDet Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving/Dining Room Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment CarbMDetCookGasRgOvGasRefrigSmokeDet Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description AtticBedroomsEat-In KitchenLiving/Dining RoomSunroom Unit2 Rooms 8 Unit2 Sq Ft 0

Property Features

Assessment Total 512200 Building Assessment 435300 Easement Unknown Exclusions personal property Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 76900 Net Operating Income 0 Sewer Public Sewer Tax Amount 16088 Tax Rate Amount 3.141 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-563-7313.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-11-11T23:48:35.567.
 
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