by RHP Realty

See Home Value
East Orange 07018
289 Amherst St
$340,000
Multifamily - Off Market

289 Amherst St

East Orange City, NJ 07018
bedrooms
8 Beds
bathrooms
0 Bath
$353,159
RealtyHop Estimate
3.87%
Since May 1, 2023
NY-New York
Primary Model

About This Property

Huge 2 Family w/ bonus unit 3/3/2 Bedrooms with low taxes and a large garden located on a one way street in East Orange. Great renovation project with plans and permits saving the potential buyer time, expenses & holding costs. After repair value $599-625K+ Rental $2000/2000/1600- $2300/2300/1600= $5600-6200+ Potential Gross Rental Income. Close to all modes of public transportation and minutes away from I-280 and Garden State Pkwy an easy commute to New York. Signed Buyers Hold Harless & release regarding covid required. Pls use all precautions when walking through the home as well as being accompanied by a contractor or real estate professional at all times. The buyer is responsible for all city inspections. This home will not qualify for a standard FHA loan. Only Cash, Private Funding, Renovation Loan, Hard Money & FHA 203K. Pls follow offer submission instructions and ensure all offers are submitted via email with proof of funding. The seller would be willing to provide sellers concession for strong offers over the list price to help with financing to buy down the interest rate or to reduce the amount of down payment and closing costs. We will only accept offers from direct end buyers no wholesalers please. This opportunity will not last for long.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$416
HOA Dues
-
Year Built
1930
Last updated: 2 years ago (GSMLS #3823258)

Price History

Date / Event Date Event Price
Apr 20, 2023 No longer available -
No longer available
Feb 16, 2023 Price Increased $340,000
↑ $20K (6.3%)
Price Increased
Jan 5, 2023 Listed by RE/MAX FIRST REALTY II $320,000
Listed by RE/MAX FIRST REALTY II

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$329,900 Nov 30, -0001
$325,000 Jul 14, 2023
-
Multifamily
Stu
-
-
$359,999 Nov 30, -0001
$425,607 Sep 11, 2023
-
Multifamily
Stu
-
-
$399,999 Nov 30, -0001
$360,000 Aug 11, 2023
-
Multifamily
Stu
-
-
$350,000 Nov 30, -0001
$357,000 Jul 18, 2022
-
Multifamily
4 Beds
3 Baths
-
$350,000 Jul 28, 2023
$350,000 Jul 28, 2023
$743/mo
Multifamily
Stu
-
-
$319,900 Nov 30, -0001
$315,000 Aug 24, 2023
-
Multifamily
8 Beds
3 Baths
-
$325,000 Sep 21, 2023
-
$917/mo
Multifamily
8 Beds
3 Baths
-
$382,000 Jan 10, 2024
-
$416/mo
Multifamily
7 Beds
2 Baths
-
$300,000 Oct 14, 2022
-
$735/mo
Multifamily
7 Beds
3 Baths
-
$369,000 May 2, 2023
-
$771/mo
Multifamily
6 Beds
-
-
$369,000 Sep 6, 2023
-
-
Multifamily
5 Beds
-
-
$385,000 Feb 1, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200419
04/19/2020
8 Bed
3 Bath
-
$199,000
bedrooms
8 Bed
bathrooms
3 Bath
-
-
-
-
20190912
09/12/2019
8 Bed
3 Bath
2587 ft²
$145,000
bedrooms
8 Bed
bathrooms
3 Bath
square feet
2587 ft²
-
-
-
Peter Klein
KELLER WILLIAMS ELITE REALTORS

Building Info

289 Amherst Street 289 Amherst Street, East Orange, NJ 07018
  • 1 Unit for Sale
More about this Building
289 Amherst Street
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About East Orange


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