Estimated payment $4,906/month
Fully renovated two-family home in Orange, NJ, offers a prime investment or owner-occupied opportunity with rental income potential. The property features 5 bedrooms, 3 bathrooms, a finished basement with a full bathroom, and a spacious garden ideal for entertaining and off-street parking. The first-floor vacant unit includes 2 beds, a modern kitchen with stainless steel appliances, granite worktops, wooden floors, an alarm system, and an open layout. The second-floor unit, currently tenant-occupied, has 3 bedrooms and is rented for $2,350, offering immediate rental income. Both units have central air and forced heat. Shared washer/dryer hookups are located in the basement along with storage space. Conveniently located near shopping, parks, schools, and public transportation with easy access to NYC. The seller may consider concessions for strong offers over the list price to assist with closing costs. Seller financing may be considered for offers exceeding $700K with a minimum 25% down payment, no exceptions, and a maximum 24-month term. Potential rental income ranges from $5,900 to $7,000 per month, making it a compelling investment for cash flow. Buyers should be pre-qualified for $19,700 in annual property taxes. The previous buyer was unable to close due to a change in financial circumstances and was under contract for $680K, presenting a renewed opportunity for serious buyers to secure a turnkey investment. Don't miss out on this chance.
Home Type
Est. Annual Taxes
Year Built
Home Design
Bedrooms and Bathrooms
Additional Features
Listing and Financial Details
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,921 | $559,600 | $83,200 | $476,400 |
| 2022 | $6,436 | $185,700 | $83,200 | $102,500 |
| 2021 | $4,953 | $85,700 | $50,200 | $35,500 |
| 2020 | $4,805 | $85,700 | $50,200 | $35,500 |
| 2019 | $4,555 | $85,700 | $50,200 | $35,500 |
| 2018 | $4,482 | $85,700 | $50,200 | $35,500 |
| 2017 | $4,174 | $85,700 | $50,200 | $35,500 |
| 2016 | $4,095 | $85,700 | $50,200 | $35,500 |
| 2015 | $3,988 | $85,700 | $50,200 | $35,500 |
| 2014 | $3,813 | $85,700 | $50,200 | $35,500 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2025 05/17/25 | For Sale | $639,500 | +276.2% | -- |
| 01/14/2022 01/14/22 | Sold | $170,000 | +6.3% | $111 / Sq Ft |
| 11/18/2021 11/18/21 | Pending | -- | -- | -- |
| 10/25/2021 10/25/21 | For Sale | $160,000 | -- | $104 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Elite Title | |
| Deed | $170,000 | Elite Title Group Llc |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $501,000 | Construction | |
| Closed | $406,000 | Construction | |
| Previous Owner | $282,000 | Future Advance Clause Open End Mortgage |
$650,000
Rehab is needed and work was started all construction materials will remain. Back yard of property backs up to Soverel Park. Great investment property 4 unit each unit has 1 bedroom, Living room, Dining room Kitchen and 1 full bathroom. .. Property is being sold as is condition, buyer is responsible for all city permits and fees. Let your imagination be your only limitation! Property is in a
Russel Barling COLDWELL BANKER REALTY
$499,900
Check out this two-family with a bonus unit! In need of repairs: ideal for investors or FHA 203k. The property features spacious units with living rooms, dining rooms,2 spacious bedrooms, 2 car detached garage, plenty off street parking, and driveway that can park 3 cars. short driving distance to NJ Transit. Major highways,commuting to NYC is effortless,while right across a park,schools, and
PEVERLO BOISROND PREFERRED REALTY SERVICES LLC
$589,000
Everything Old Is New Again. Fully Renovated 2 Family New Gas Hot Air (Easy To Add Central Air) New Floors, New Sheetrock, New Windows, 2 New Kitchens, 3 New Bathrooms, 2 New Hot Water Heaters, New CB Electric, New Roof
FRANCIS BUSBY LATTIMER REALTY
$525,000
2 Family in the heart of Orange close to NJ Transit lines to NYC. Featuring a first floor with 2 bed, 1 bath, LivRoom and kitchen. Second floor with 3 bedrooms and 2 baths including the finish attic plus bonus room. This property is already an income producer and with a little TLC you can turn it into a reliable and highly profitable investment property. Sold strictly"AS-IS".
Rosa Stimmler NextHome Royal Lion Realty
$525,000
THIS 2 FAMILY DWELLING CONTAINS A TOTAL OF 6 BEDROOMS, 3 BATHS AND PARTIALLY FINISHED BASEMENT. 1ST FL CONSIST OF 2BR/1BA, 2ND UNIT IS MULTI-LEVEL (2/3RD FL) 4BR/1BA. BASEMENT IS PARTIALLY FINISHED W/1BA. SEPERATE UTILITIES AND AMPLE OFF STREET PARKING. LOCATED NEAR LOCAL BUS STOPS, NJ TRANSIT TRAIN, RT 280 & 78 AND GARDEN STATE PARKWAY. EZ COMMUTE TO NYC!
CHIQUITA RAY WEICHERT REALTORS
$499,000
Side by side duplex needs work. Left side occupied and has additional 3 rooms and full bath on the 3rd floor. Basement laundry area. Right side vacant. Close to all transportation.
DOUGLAS C WROBEL HOWARD HANNA RAND REALTY
$610,000
2 Family Home in Excellent Condition. New Kitchen and Baths. New Flooring and Freshly Painted. Plenty Of Parking..
FRANCIS THURMAN EREALTY ADVISORS, INC.
Source: New Jersey MLS
MLS Number: 25016738
APN: 17-01006-0000-00040
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