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541 N Grove St

East Orange City, NJ 07017
  • $574,800
  • STATUS: Active Under Contract
  • ON SITE: 31 Days
  • MLS #: 3860821
Under Contract
UPDATED: 6 min ago
$574,800
  • 8
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

This property qualifies for the Columbia Banks CRA (Community Reinvestment Act) affordable loan at 4.38% for a conventional 30 year fixed rate 25% down for 3 family homes. You do not have to be a first time buyer. You can only own one home at closing and has to be owner occupied. There are NO income limits. Explore the endless possibilities at 541 N Grove St, East Orange Nj a fully vacant 3-family residence that seamlessly blends convenience and investment potential. Impeccably revitalized in 2017, this property boasts freshly redone flooring, creating an enticing opportunity for owner-occupiers seeking supplementary income streams. Nestled near the Bloomfield border, you can relish urban access while enjoying a suburban ambiance. The first two units each feature 3 bedrooms, providing spacious and comfortable living quarters. The third unit comprises 2 bedrooms plus an office, offering versatility for tenants or personal use. With the added allure of a deck for the first unit, and parking for up to 5 cars at the rear, this offering is indeed exceptional.

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Garden State MLS logo © 2023 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 Gold Standard Realty. 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 Gold Standard Realty 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 2023-09-22T11:47:13.503.
www.goldstandardrealty.com/homes/142654706
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541 N Grove St East Orange City, NJ 07017

  • Price: $574,800
  • Status: Active Under Contract
  • On Site: 31 Days
  • Updated: 6 min ago
  • MLS #: 3860821
8
Beds
3
Baths
0
½ Baths
0.11
Acres
County:
Essex
Area:
East Orange City
Property Description
This property qualifies for the Columbia Banks CRA (Community Reinvestment Act) affordable loan at 4.38% for a conventional 30 year fixed rate 25% down for 3 family homes. You do not have to be a first time buyer. You can only own one home at closing and has to be owner occupied. There are NO income limits. Explore the endless possibilities at 541 N Grove St, East Orange Nj a fully vacant 3-family residence that seamlessly blends convenience and investment potential. Impeccably revitalized in 2017, this property boasts freshly redone flooring, creating an enticing opportunity for owner-occupiers seeking supplementary income streams. Nestled near the Bloomfield border, you can relish urban access while enjoying a suburban ambiance. The first two units each feature 3 bedrooms, providing spacious and comfortable living quarters. The third unit comprises 2 bedrooms plus an office, offering versatility for tenants or personal use. With the added allure of a deck for the first unit, and parking for up to 5 cars at the rear, this offering is indeed exceptional.
Exterior Features

Approximate Lot Size 32X150 Exterior Description Vinyl Siding Number Of Parking Spaces 5 Parking Driveway Description 1 Car Width Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling None Heating 3 UnitsForced Hot Air Total Number Of Rooms 18 Unit1 Appliances Equipment Carbon Monoxide DetectorMicrowave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving/Dining RoomMaster Bedroom Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorMicrowave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In Kitchen Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving/Dining RoomMaster Bedroom Unit3 Rooms 6 Unit3 Sq Ft 0

Property Features

Assessment Total 436000 Building Assessment 366300 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 69700 Net Operating Income 0 Renovated Year 2017 Sewer Public Sewer Tax Amount 12670 Tax Rate Amount 2.906 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas 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 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Utilities See Remarks Water Public Water

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 732-962-2148.


Garden State MLS logo © 2023 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 Gold Standard Realty. 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 Gold Standard Realty 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 2023-09-22T11:47:13.503.
 
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