21-23 Lafayette St

West Orange Twp, NJ 07052


 

Price: $649,000

GSMLS:  3782391
Type: Multi-Family
Style: 2-Two Story, Fourplex
Total Units: 4
Beds: 8
Baths: 4 Full
Garage: No
Year Built: 1892
Acres: 0.09
Property Tax: $14,231
Description
Asking $649,000. This Is A Rare Great Condition Legal 4 Unit Building. One Parking Space. Unit 1: 2 Bed/1 Bath, Rented For $1,200. Unit 2: 1 Bed/1 Bath, Rented For $1,250 (could Convert To A 2 Bed). Unit 3: 2bed/1 Bath, Rented For $1,285. Unit 4: 2 Bed/1 Bath, Rented For $1,180. All Fair Market Rents Are $1,600-$1650 For These Units, Rented Under Market Value! Current Annual Rent- $58,980. Current Annual Expenses- $28,801. Noi- $30,179. The Building Has All Separate Utilities. All Units Are Central Ac/forced Hot Air. Attached Is The Income/expense Report For Others To Reference
General Info
Style:
2-Two Story, Fourplex
SqFt Building:
3,116
Total Rooms:
12
Basement:
Yes - Bilco-Style Door, Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
50X82
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
1 Car Width
Spaces Available:
1
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Laundry Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
Forced Hot Air, See Remarks
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
West Orange Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$649,000
Tax Amount:
$14,231
Land Assessment:
$81,500
Build. Assessment:
$250,700
Total Assessment:
$332,200
Tax Rate:
4.35
Tax Year:
2021
Listing Information
MLS ID:
3782391
List Date:
05-16-2022
Days On Market:
52
Listing Broker:
BOUTIQUE REALTY LLC
Listing Agent:
Christopher Pillari
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BerkshireHillsLiving.com


RE/MAX

American Dream

3108 Route 10 West
Denville, NJ 07834
Office: (973) 361-7700
Fax: (973) 683-0708


Shawn and Diane Fox