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SOLD 25 2008

60 Pkwy Dr., E. Apt 6k

East Orange, NJ

$272,000

21,306

Sq. Ft.

$13

Per Sq. Ft.

Residential

Property Type

Tax Assessment Analysis

Sale Price

$272,000

Total Assessed

$216,600

Sale vs. Assessed

+$55,400 (+25.6%)

Land Value

$46,000

Building Value

$170,600

East Orange Market Overview

$475,000

Median Price

Total Sales

-100.0%

Year over Year

Buyer's

Market Type

📊 Investment Analysis

$1,904

Est. Monthly Rent

$2,062

Est. Mortgage

7.4% · 20% down

-$158

Monthly Cash Flow

8.4%

Cap Rate

-3.5%

Cash-on-Cash Return

Estimates based on 0.7% rent rule, 7.4% interest rate, 20% down payment. For illustrative purposes only.

🏘 East Orange Neighborhood Guide

Walk Score

Very Walkable

Min to NYC

With transfer

East Orange Station

Train Station

Morris & Essex Line

Neighborhoods in East Orange

Brick Church $350,000 to $500,000

Best for: Commuters, historic home lovers, transit-first buyers

Presidential Estates $375,000 to $550,000

Best for: Architecture seekers, families, estate-scale Victorians

Elmwood / Ampere $300,000 to $450,000

Best for: Value seekers, park lovers, first-time buyers

Prospect / East Orange Station $325,000 to $475,000

Best for: Medical professionals, VA community, transit users

Doddtown / Greenwood $250,000 to $400,000

Best for: Investors, renovation buyers, most affordable entry

East Orange is 3.93 square miles of Black cultural royalty — the city that raised Whitney Houston (Wainwright Street), produced Dionne Warwick (born and raised, school and street renamed in her honor), launched Queen Latifah, and gave the world Naughty by Nature. Althea Gibson, the first Black perso...

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