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$649,900
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Property Description
Exceptional & well maintained mixed-use investment all-brick building with street-level retail storefront currently occupied by a long-established accounting firm and a spacious 2-bedroom apartment above. Tenants have occupied the building for 10+ years, offering stability and consistent occupancy history. Property includes 5 garages plus additional driveway parking, creating additional income potential and convenience. Separate utilities for each unit. Ideal opportunity for investors or owner-occupants seeking supplemental rental income. See attached income/expense sheet for financial details.
Full Property Details
Full Property Details for 47 Chestnut St
General
- Price: $649,900
- Taxes: $9,352 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4028389
- Updated: 5/18/2026
- Added to Site: 15 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease Includes: Sewer, Taxes, Water
- Lease Terms: Month-To-Month
Interior
- Flooring: Laminate, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 2
Additional Information
- Equipment: Appliances, See Remarks, Smoke Detector
Parking
- Garage Spaces: 1
- Parking: 1 Car Width
Location
- County: Essex
- Subdivision: Edison
- Driving Directions: Main St to Harrision Ave to to Chestnut St to Whittlesey Ave.
- Location Details: Corner, Residential Area
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: 1 Unit, Electric Baseboard, Radiators - Steam
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available, Fiber Optic Available
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
- Ceiling Height: 9
- Door Dimensions: 9
- Stories in Building: 2
- Square Feet: 1,800
- Aprox. Leasable: 1,800 Sq. Ft.
- Office: 900 Sq. Ft.
- Year Built: 1926
Unit Information
- 1 Bedroom Units: 2
- Units w/Full Bath: 1
- Units w/Half Bath: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25X100
- Zoning: B-1
- Lot Description: Corner
Financial Considerations
- Expenses: Insurance, Maintenance - Exterior, Maintenance - Interior, Property Management, Taxes, Water/Sewer
- Operating Expenses: $13,877
- Assessment Amount: $356,000
- Land Assmt: $150,000
- Tax Amount: $9,352
- Tax Year: 2025
- Owner Pays: Sewer, Water
- Tenant Pays: Cable T.V., Electric, Gas, Heat, Snow Removal, Trash Removal
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- Disclosures: Yes
- APN: 1622-00134-0000-00001-0000-
- Block: 134
- Lot Number: 1
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Schools
Schools serving 47 Chestnut St
School District:West Orange Town School District
| Name | Grades | Distance |
|---|---|---|
Pleasantdale Elementary School 555 Pleasant Valley Way, West Orange, NJ 07052 | PK-5 | 2.1 mi |
Liberty Middle School 1 Kelly Drive, West Orange, NJ 07052 | 7-8 | 3.1 mi |
West Orange High School 51 Conforti Avenue, West Orange, NJ 07052 | 9-12 | 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 47 Chestnut St
Date
Details
Price
Change
Source
5/18/2026
Listed
$649,900
465.13%
MLS
6/17/2014
Sold
$115,000
—
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 47 Chestnut St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,483
6%
$356,000
34%
2022
$11,825
4%
$266,500
—
2021
$11,393
35%
$266,500
—
2021
$8,433
-22%
$266,500
—
2018
$10,761
1%
$266,500
—
2017
$10,623
2%
$266,500
—
2016
$10,367
-7%
$266,500
—
2019
$11,089
9%
$266,500
—
2015
$10,172
5%
$266,500
—
2013
$9,722
—
$266,500
—
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 47 Chestnut St
47 Chestnut St, West Orange Township, NJ 07052 (MLS# 4028389) is a Retail property. 47 Chestnut St is currently listed for $649,900 and was received on May 18, 2026. Want to learn more about 47 Chestnut St? Do you have questions about finding other Retail real estate for sale in West Orange Township? You can browse all West Orange Township real estate or contact a Coldwell Banker agent to request more information.

