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Listed with Rania Naporlee | 973-343-9565, Keller Williams Prosperity Realty

PRICE $4,299,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE n/a

This superb investment FOUR story brick 26 UNIT building offering 15 one bedroom units and 11 two bedroom units is nestled in prime location, surrounded by many new constructions as large redevelopments are happening very quickly in this vicinity. Property is well maintained. Boiler and hot water heater under 5 years old. Elevator 2006, roof redone multiple times since ownership, last update 2018. Most rentals are below market value and have much more potential. 4 units are in process of renovation, will be rented during contract at new market value. ALL units have been renovated in full 20 years ago, and many were renovated prior to getting re-rented. All units are in great condition. Super on premises. Security cameras are all in place and included in the sale. Located few mins from the train station and nestled between the Garden State Parkway and Route 280, super convenient! Most rentals are below market value. The current income is great, and the potential income is hard to pass! Call for details!

DAYS ON MARKET 1 LAST UPDATED 3/17/2026
YEAR BUILT 0 COMMUNITY 400
COUNTY ESSEX STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA 400
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 481 WILLIAM STREET
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All information deemed reliable but not guaranteed. Last date updated: 3/17/26 8:36 PM PDT Source: New Jersey Multiple Listing, Inc.

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