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289 Amherst StreetEast Orange City, NJ 07018Price: $340,000

  • Price: $340,000
  • Est. Mortgage of $/month
  • 86 Days on Market
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Federal 30-year interest rate: 6.42% last updated on Mar 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $340,000List Price
  • 8Bedrooms
  • 3Bathrooms
  • 0.07Acreage

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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.
Listed by Darrell Bailey of Re/max First Realty Ii (908-664-1500)

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 Based on information submitted to NJ_GSMLS_RETS as of April 1, 2023 6:24 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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