The Kislak Co. said Tuesday that it recently sold mixed-use property with 17 residential units and three retail spaces in East Orange for $2.6 million.
Located at 359 N. Maple Ave., the property was marketed on an exclusive basis by Woodbridge-based Kislak, with Vice President Julie Gralla handling the assignment. Executive Vice President Joni Sweetwood procured the purchaser.
The three-story, brick building housing mostly one-bedroom apartments contains such features as security cameras, hardwood floors and high ceilings along with a garage containing four units. Recent renovations such as a new roof, new hot water heaters, new boiler, new windows throughout the building, a new front door and sidewalk along with additional outdoor lighting.
East Orange is a city of approximately 65,000 in eastern Essex County 13 miles from New York City. It has a strong rental population, with 41% of households tenant-occupied.