109 Bedford St
East Orange City, NJ 07018-1807
- 4 beds
- 3.5 baths
- – sqft
- 2,614 sqft lot
- 1930 build
- – on site
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.
Listing courtesy of GSMLS / DARRELL BAILEY, 862-283-1281 / EXP REALTY, LLC
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Last updated Apr 11, 2024
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MLS# 3894864 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$299,500
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,603
|
Taxes | N/A |
Insurance | $82 |
Utilities | N/A |
Total | $1,685/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/8/24
Apr 8, 2024
|
Listed / Active | GSMLS | $299,500 | |
8/17/23
Aug 17, 2023
|
Listed / Active | NJMLS | ||
8/11/23
Aug 11, 2023
|
Listed / Active | GSMLS |
69% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $25k above asking price on average, but some went as high as $100k over asking price.