About 156 Elmwood Ave
Grand FOUR-unit on a corner lot with strong rent-growth potential and classic architectural details. Configured as three spacious 1BRs and one studio, the building sits proudly with lots of windows, bright rooms, high ceilings, and a sweeping grand staircase that makes an immediate impression. Three units are vacant ideal for quick cosmetic updates and immediate leasing; the fourth is a well-maintained 1BR on month-to-month, allowing flexible repositioning. The studio stands out with a gorgeous fireplace and private porch a premium renter magnet. The 1st-floor 1BR has a private entrance and direct, exclusive access to the full basement, perfect for an end user, added storage income, or laundry convenience. The basement includes laundry hook-ups plus abundant storage, and a large walk-up attic offers finish potential (buyer to verify). Driveway parking for approx. six cars. Separate gas & electric. Neighborhood momentum is real this pocket has seen significant new development, supporting future appreciation and tenant demand. Location checks every box: close to schools, shopping, parks, major highways, and NYC train/bus. Perfect for house-hackers, end users, and long-term buy-and-hold investors seeking cap-rate expansion.
Features of 156 Elmwood Ave
| MLS® # | 3993554 |
|---|---|
| Price | $699,000 |
| Bedrooms | 4 |
| Bathrooms | 5.00 |
| Full Baths | 4 |
| Half Baths | 1 |
| Acres | 0.22 |
| Year Built | 1930 |
| Type | Multi Family |
| Style | TwoStory,UndrOver |
| Status | Active |
Community Information
| Address | 156 Elmwood Ave |
|---|---|
| City | East Orange City |
| County | Essex |
| State | NJ |
| Zip Code | 07018-2448 |
Amenities
| Utilities | Gas-Natural |
|---|---|
| Parking Spaces | 6 |
| Parking | Blacktop |
Interior
| Interior Features | Carpeting, Beam Ceilings, Carbon Monoxide Detector, Fire Extinguisher, Tile Floors, Vinyl-Linoleum Floors, Wood Floors, Smoke Detector |
|---|---|
| Heating | Gas-Natural |
| Has Basement | Yes |
| Basement | Bilco-Style Door, Full, Unfinished |
Exterior
| Exterior | Wood |
|---|---|
| Exterior Features | Curbs, Sidewalk |
| Roof | Asphalt Shingle |
School Information
| Elementary | L HUGHES |
|---|---|
| Middle | P HEALY |
| High | E ORANGE |
Additional Information
| Date Listed | October 20th, 2025 |
|---|---|
| Days on Market | 10 |
Listing Details
| Office | CORCORAN SAWYER SMITH |
|---|---|
| Contact Info | 201-653-8000 |