109 Bedford St, East Orange, NJ, 07018-1807
6 rooms
4 beds
3 Full / 1 Half baths
1930
Colonial, Fixer Upper
East Orange colonial single-family home presents an exceptional investment opportunity. Boasting 4 bedrooms, 3.5 bathrooms, and spread over 3 floors, this property offers endless possibilities for customization and enhancement. With low taxes and a prime location. Upon entry, you'll be greeted by an inviting open-plan concept, seamlessly integrating the living and dining areas, complemented by a convenient breakfast bar. The first floor features a spacious master bedroom with an ensuite bathroom and an additional half bathroom, providing comfort and convenience. The 2nd fl offers 2 generously sized bedrooms with access to an exterior deck, perfect for entertaining guests. The 3rd fl bedroom encompasses 2 walk-in closets, a full bathroom. The current owners lender estimated after-repair value of $525-550K+. With pending permits, there's an opportunity for the buyer to continue the project, unlocking even greater potential. Options abound to enhance the property's value, including extending the home on the second floor and replacing the deck to create additional rooms and a bathroom. Alternatively convert into a 2-family home with relevant city approvals. A renovated basement adds further value, providing additional recreational space and elevating the after-repair value to $600-650K+. Located near all modes of public transportation and just minutes from I-280 and Garden State Parkway, easy commute to NY. Direct end buyers only; no wholesalers pls. LA has a legal interest.
Status:
Active
Type:
Single-family residential
Zoning:
Sngle Family
Heating:
Gas-Natural No Heat, See Remarks
Cooling:
None, SeeRem
Basement:
Unfinished, Walkout
Lot Size:
25X100
Acreage:
0.06
Est. Taxes:
$6,624
Assessment
$209,100
Utilities
Gas-Natural
Lot Description:
Level Lot
MLS #:
24010320
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2024 New Jersey Multiple Listing Service, Inc.
Listing courtesy of EXP Realty