This Multifamily Property is no longer advertised on LoopNet.com.

112 Lincoln St
East Orange, NJ 07017
112 Lincoln · Multifamily Property For Sale · 43 Units

Investment Highlights

  • IMMEDIATE VALUE ENHANCEMENT with rents 31% below market and an average monthly turnover increase of $422
  • ADDITIONAL REVENUE from 48 surface parking spaces
  • SUPERB HIGHWAY ACCESS with East Orange positioned at the crossroads of the Garden State Parkway and I-280
  • ABILITY TO ADD ADDITIONAL UNITS with room for four potential units in the basement
  • CONVENIENT ACCESS TO MANHATTAN Brick Church Train Station offers a 25-minute ride to NY Penn Station
  • MAJOR INVESTMENT with Goldman Sachs and Triangle Equities recently breaking ground on a massive mixed-use project next to the Brick Church Station

Property Facts

No. Units 43
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.99 AC
Building Size 59,436 SF
No. Stories 4
Year Built 1945
Zoning R1

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Property Manager on Site
  • Elevator
  • Maintenance on site
  • Online Services
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 35 - 600
2+1 8 - 1,000

Property Taxes

Property Taxes

Parcel Number
05-00551-0000-00055-01
Land Assessment
$1,118,000
Improvements Assessment
$3,698,000
Total Assessment
$4,816,000
  • Listing ID: 30044510

  • Date on Market: 11/13/2023

  • Last Updated:

  • Address: 112 Lincoln St, East Orange, NJ 07017

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