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$659,000
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Property Description
Don't miss this prime investment opportunity! This well-maintained three-family property offers active rental income with all units currently occupied and ideally situated close to schools, laundry facilities, and major mass transportation, ensuring consistent tenant demand. Set on a generous lot, the home features a large, long driveway accommodating up to six cars, plus a massive three-car garage. This property is a rare find that adds significant value for owners and tenants alike. The property also includes a finished basement, providing additional storage, recreation, or potential bonus space. Whether you're expanding your portfolio or seeking a high-performing asset, this property offers steady cash flow, excellent location appeal, and long-term investment stability. A must-see opportunity for any investor looking for reliability and upside.
Full Property Details
Full Property Details for 768 Park Ave
General
- Price: $659,000
- Taxes: $12,149 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4001328
- Updated: 12/19/2025
- Added to Site: 37 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Privacy Fence, Storm Window(s)
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: Detached Garage, Garage Parking
Location
- County: Essex
- Driving Directions: PARK ST TO PARK AVE
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 3 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.13
- Lot Dimensions: 45 x 125
- Driveway/Sidewalk: 2 Car Width, Driveway-Exclusive, Fencing, Off-Street Parking
- Lot Description: Level Lot
Financial Considerations
- Expenses: Cold Water, Insurance, Maintenance, Taxes
- Assessment Amount: $313,400
- Land Assmt: $73,400
- Tax Amount: $12,149
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 923
- Lot Number: 16
Listed by MONARCH REALTY & ASSOCIATES
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Schools
Schools serving 768 Park Ave
School District:East Orange City School District
| Name | Grades | Distance |
|---|---|---|
Edward T. Bowser Sr Elementary School 180 Lincoln Street, East Orange, NJ 07017 | PK-5 | 0.7 mi |
Althea Gibson E C E Acd 490 William Street, East Orange, NJ 07017 | PK-K | 0.7 mi |
Wahlstrom Early Chld Academy 340 Prospect Street, East Orange, NJ 07017 | PK-K | 0.8 mi |
John L Costley Middle School 116 Hamilton Street, East Orange, NJ 07017 | 6-8 | 0.8 mi |
Patrick F Healy Middle School 116 Hamilton Street, East Orange, NJ 07017 | 6-8 | 0.8 mi |
Sojourner Truth Middle School 116 Hamilton Street, East Orange, NJ 07017 | 6-8 | 0.8 mi |
East Orange Campus High School 344 Prospect Street, East Orange, NJ 07017 | 9-12 | 0.9 mi |
East Orange STEM Academy 129 Renshaw Avenue, East Orange, NJ 07017 | 6-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 768 Park Ave
Date
Details
Price
Change
Source
12/11/2025
Listed
$659,000
—
MLS
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 768 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,149
8%
$386,800
—
2022
$11,240
-3%
$386,800
—
2021
$11,566
—
$386,800
76%
2021
$11,566
—
$220,000
-8%
2021
$11,566
-10%
$240,400
—
2018
$12,821
-1%
$240,400
—
2019
$12,982
4%
$240,400
—
2017
$12,462
2%
$240,400
—
2016
$12,268
3%
$240,400
—
2015
$11,967
5%
$240,400
—
2013
$11,356
—
$240,400
—
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 768 Park Ave
768 Park Ave, East Orange, NJ 07017 (MLS# 4001328) is a Multi-Family property with 3 units containing 7 bedrooms and 3 full bathrooms. 768 Park Ave is currently listed for $659,000 and was received on December 11, 2025. Want to learn more about 768 Park 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.

