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$569,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 1 Car Garage
  • Updated 19 hours ago
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Don't miss this opportunity to own a 3-unit multifamily property, each unit featuring 2 bedrooms and 1 full bathroom, along with separate entrances and proper egress for all units ideal for both investors and owner-occupants. This property offers a functional layout and solid income potential, complemented by separate utilities, allowing for efficient management and expense control. A major highlight is the expansive parking area, providing ample off-street parking for multiple vehicles a rare and valuable feature for tenants and owners alike. Perfect for those looking to house hack or expand their investment portfolio. Live in one unit while generating rental income from the others, or lease all three for maximum return. With the right strategy, this property presents an excellent opportunity to increase rents, build equity, and maximize cash flow over time. This property is ideal for house hackers, buy-and-hold investors, and those looking to scale a multifamily portfolio. Flexible use, strong fundamentals, and long-term upside make it a property worth exploring.

Full Property Details for 31 Chestnut St

General

  • Price: $569,000
  • Taxes: $12,364 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4016907
  • Updated: 3/26/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 15
  • Interior Features: Blinds

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Exterior

  • Exterior Features: Open Porch(es)

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Garage Description: Detached Garage

Location

  • County: Essex
  • Driving Directions: Central to Chestnut

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: Radiators - Hot Water
  • Heating Fuel: See Remarks

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric

Structural Information

  • Architectural Style: Triplex
  • Exterior Const.: Metal Siding
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1925

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Living Room, See Remarks
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Kitchen, Living Room, See Remarks
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Kitchen, Living Room, See Remarks
  • Levels/Stories: 3
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Dimensions: 72 x 150
  • Driveway/Sidewalk: See Remarks

Financial Considerations

  • Assessment Amount: $316,600
  • Land Assmt: $64,900
  • Tax Amount: $12,364
  • Tax Year: 2025

Disclosures and Reports

  • Block: 402
  • Lot Number: 10

Listed by Exp Realty, Llc

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Listing agent

— 31 Chestnut St —

  • Exp Realty, Llc

866-201-6210

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 31 Chestnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/26/2026
Listed
$569,000
262.17%
MLS
5/13/2004
Sold
$157,109
—
Public Record
Get Price Alerts and Save Property
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 for 31 Chestnut St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,983
8%
$381,500
—
2022
$11,086
-6%
$381,500
—
2021
$11,758
—
$381,500
80%
2021
$11,758
3%
$212,200
—
2019
$11,459
1%
$212,200
—
2018
$11,317
3%
$212,200
—
2017
$11,000
2%
$212,200
—
2016
$10,829
3%
$212,200
—
2015
$10,563
5%
$212,200
—
2013
$10,024
—
$212,200
—
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 for 31 Chestnut St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Exp Realty, Llc

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31 Chestnut St, East Orange, NJ 07018 (MLS# 4016907) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 31 Chestnut St is currently listed for $569,000 and was received on March 26, 2026. Want to learn more about 31 Chestnut St? 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.

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