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Updated over 5 years ago on . Most recent reply
Essex county njanone familiar with essex county new jersey
Looking for anyone that is familiar with the towns in Essex County New Jersey that can help me with the correct prices for the real estate over there and the rental prices thank you
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@Sami Gren Hi Sami, I’m currently finishing up purchasing a duplex in East Orange, I’ll be renting it out in October, so I can really only speak to 2 units. From what I’ve found for 2 unit houses in EO, you’re looking at around low 200s for medium rehabs, high 200s for low to no rehab. The closer you get to train stations and convenient areas, the higher you can expect the prices (sometimes 300+). Rents can be between $1300-$1700 depending on how nice the unit is and how close it is to a train station. For rents take a look at rentometer.com, or Craigslist to find similar listings to what you’re looking to purchase. The Newark/east orange area is scattered with nice areas and crime areas, so try to use Trulia.com crime maps to find a good area.