Listed by Grid Real Estate LLC
$550,000
134-140 Eaton Place
Details
Property Type Land
Sub Type Residential
Tenancy Vacant
Lot Size (SqFt) 7,047
Zoning R2
Sale Condition N/A
Land | 7,047 SqFt
Marketing description
134-140 Eaton Place is a paved lot in East Orange, NJ zoned R2. The property offers attractive land basis just 30 minutes from NYC by train, making it one of the most undervalued for-sale housing markets in the region. Demand is driven by priced-out Brooklyn and Jersey City buyers seeking ownership with NYC access. The property allows for single family homes, 2 family dwellings, and one family townhomes as per R-2 zoning.
Investment highlights
- East Orange offers attractive land basis just 30 minutes from NYC by train, making it one of the most undervalued for-sale housing markets in the region
- Demand is driven by priced-out Brooklyn and Jersey City buyers seeking ownership with NYC access
- The risk-reward is attractive: low land basis, strong end-user demand
Listing Contacts
Listed by Grid Real Estate LLC
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