Essex
89 Nestro Road
Listed by: Kevin Kinney, [email protected], Compass New Jersey, LLC-Montclair, (973) 310-7360, Listing Courtesy of NJMLS
$747,000
●
House -
Off Market
89 Nestro Road
West Orange, NJ 07052
4 Beds
3 Baths,
1
Half Bath
$748,476
RealtyHop Estimate
0.20%
Since Oct 1, 2023
NY-New York
Primary Model
About This Property
Welcome to your dream home in a quiet West Orange enclave!
Renovated and decorated to perfection in 2004 and thoughtfully
designed with flexibility to suit various living situations, this
charming abode is flawlessly move-in ready with New Heating and
Central Air as icing on the cake. With 3/4 spacious bedrooms,
you'll have plenty of space to create your ideal living
arrangements. Additionally, the 2.5 elegantly appointed bathrooms
add convenience and luxury to your daily routine. The floor plan
lends itself to effortless entertaining, making gatherings and
social events a delight. Whether it's a cozy get-together or a
grand celebration, there is ample room to make beautiful memories
in this enchanting home. The location of this residence also
couldn't be more ideal. You'll find yourself conveniently close to
Shopping, Transportation, Schools, and Recreation facilities,
making daily errands and weekend activities a breeze. Seize this
incredible opportunity to live in your own
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,027
HOA Dues
-
Year Built
1953
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (NJMLS #23024432)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | In contract | - | |
| In contract | |||
| Aug 7, 2023 | Listed by Compass New Jersey, LLC-Montclair | $559,000 | |
| Listed by Compass New Jersey, LLC-Montclair | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Essex
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Listed by: Kevin Kinney
Compass New Jersey, LLC-Montclair
Last Updated: 4 years ago
Data Source: NJMLS , MLS# 23024432
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Compass New Jersey, LLC-Montclair
Last Updated: 4 years ago
Data Source: NJMLS , MLS# 23024432
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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