Property
West Orange Twp., NJ 07052 38 Franklin Ave
$900,000
Pending
16 more
Presented By: KELLER WILLIAMS MID-TOWN DIRECT; 917-376-4090
Beds • 8
Baths • 5
Home Details
This is a fantastic investment opportunity located in beautiful West Orange. It is just a few blocks from downtown West Orange and a few minutes from downtown Montclair. It is conveniently located near schools, shops, and houses of worship. Unit 2 was recently updated, the other 3 units were updated in 2021. Each unit comes with a huge storage locker in the basement. Basement also has a large office with a full bathroom. This home is fully occupied with great tenants, Unit 2 will be rented on 12/1/24.
Presented By: KELLER WILLIAMS MID-TOWN DIRECT; 917-376-4090
Interior Features for 38 Franklin Ave
Bedrooms
Total Bedrooms8
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Unit 4 Beds Total2
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 4 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
Unit 4 Levels1
UnitType1TotalRent1825
UnitType2TotalRent2100
UnitType3TotalRent1725
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbMDet, CookGas
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbMDet, CookGas
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Appl/EquipCarbMDet, CookGas
BasementFull
Fuel TypeOilAbOut
Other Rooms
Unit 4 Rooms4
Unit 2 Rooms4
Unit 1 Rooms4
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Kitchen, Living Room
Unit 4 Room DescriptionBedrooms, Kitchen, Living Room
General for 38 Franklin Ave
Architectural Style2-Two Story
CoolingNone, WallUnit
CountyEssex
DirectionsMain St to Franklin Ave
DriveOn-Street Parking
EasementNo
Elementary SchoolWASHINGTON
ExclusionsRefrigerators in Units 1, 3, 4 belong to tenants
Exterior FeaturesPatio
Farm AssessmentNo
Full Baths5
GarageOn-Street Parking
Gross Income
HeatingRadiators - Steam
High SchoolW ORANGE
Home Warranty Y/NNo
Middle/Junior High SchoolEDISON
Net Operating Income
Number Of Units Total4
Open Parking Spaces0
Operating Expense0
Possessionclosing
RoofFlat
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount14869
Tax Assessed Value323400
Tax Lot63
Tax Year2023
Total Rooms16
Town #1622
TownshipWest Orange Twp.
UtilitiesElectric
Water HeaterGas
Year Built1920
Exterior for 38 Franklin Ave
Exterior DescriptionAluminum Siding
Lot Dimensions40X108
Lot Size Acres0.10
Water SourcePublic Water
Additional Details
Price History
Schools
Middle School
Edison Middle School
High School
W Orange High School
Elementary School
Washington Elementary School
Jenniffer Bravo Llerena
Associate