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$499,000
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Property Description
Short Sale!!! Great opportunity to own a 2-family property in East Orange at a below-market price. This home is being sold as a short sale and is priced accordingly ideal for investors or owner-occupants looking to build equity through renovations. Property is in need of updating throughout but offers solid bones and strong rental income potential once improved. Live in one unit, rent the other. Being sold strictly as-is. All offers subject to lender approval. Don't miss this chance to get into a multi-family at a compelling price point.
Full Property Details
Full Property Details for 24 Chelsea Ave
General
- Price: $499,000
- Taxes: $10,753 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4036707
- Updated: 6/24/2026
- Added to Site: 50 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Partially Fenced, Privacy Fence
Location
- County: Essex
- Driving Directions: S Munn to Tremont to Chelsea
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Square Feet: 9,999
- Year Built: 1930
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Square Feet: 9999
- Levels/Stories: 1
- Fireplaces: 99
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Square Feet: 9999
- Levels/Stories: 1
- Fireplaces: 99
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.12
- Lot Dimensions: 50 x 105
- Driveway/Sidewalk: 1 Car Width, Additional Parking, Blacktop, Off-Street Parking, Parking Lot-Exclusive
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $245,400
- Land Assmt: $86,400
- Tax Amount: $10,753
- Tax Year: 2025
Disclosures and Reports
- Block: 441.01
- Lot Number: 10.01
Listed by Keller Williams Mid-Town Direct
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Schools
Schools serving 24 Chelsea Ave
School District:East Orange City School District
| Name | Grades | Distance |
|---|---|---|
Benjamin Banneker Academy 500 South Clinton Street, East Orange, NJ 07018 | PK-8 | 0.5 mi |
Althea Gibson E C E Acd 490 William Street, East Orange, NJ 07017 | PK-K | 1.2 mi |
Wahlstrom Early Chld Academy 340 Prospect Street, East Orange, NJ 07017 | PK-K | 1.9 mi |
John L Costley Middle School 116 Hamilton Street, East Orange, NJ 07017 | 6-8 | 1.6 mi |
Patrick F Healy Middle School 116 Hamilton Street, East Orange, NJ 07017 | 6-8 | 1.6 mi |
Sojourner Truth Middle School 116 Hamilton Street, East Orange, NJ 07017 | 6-8 | 1.6 mi |
East Orange Campus High School 344 Prospect Street, East Orange, NJ 07017 | 9-12 | 1.9 mi |
East Orange STEM Academy 129 Renshaw Avenue, East Orange, NJ 07017 | 6-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24 Chelsea Ave
Date
Details
Price
Change
Source
6/24/2026
Listed
$499,000
-21.73%
MLS
5/31/2024
Sold
$637,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 24 Chelsea Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,754
12%
$331,800
—
2022
$9,642
23%
$331,800
—
2021
$7,868
—
$331,800
134%
2021
$7,868
4%
$142,000
—
2018
$7,573
-1%
$142,000
—
2019
$7,668
4%
$142,000
—
2017
$7,361
2%
$142,000
—
2016
$7,246
3%
$142,000
—
2015
$7,069
1%
$142,000
—
2014
$6,969
—
$142,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 24 Chelsea Ave
24 Chelsea Ave, East Orange, NJ 07018 (MLS# 4036707) is a Multi-Family property with 2 units containing 6 bedrooms and 4 full bathrooms. 24 Chelsea Ave is currently listed for $499,000 and was received on June 24, 2026. Want to learn more about 24 Chelsea Ave? Do you have questions about finding other Multi-Family real estate for sale in East Orange? You can browse all East Orange real estate or contact a Coldwell Banker agent to request more information.

