562 Tremont Ave Orange, NJ 07050
Estimated payment $5,307/month
Highlights
- 2 Car Detached Garage
- Multiple cooling system units
- Level Lot
About This Home
Fully renovated multi-family property offering exceptional versatility and income potential. This turnkey home features two spacious 2-bedroom, 1-bath units, plus a charming 1-bedroom studio in the finished attic perfect for additional rental income or an additional living space.The property has undergone a complete gut renovation, showcasing modern upgrades throughout, including beautiful hardwood floors, new doors, new siding, updated electrical systems, and brand-new windows. Each unit is equipped with stylish new kitchen cabinets and stainless steel appliances, providing a contemporary and functional living environment.Additional highlights include a 2-car garage and an expansive driveway with parking for up to 3 more vehicles, offering ample convenience for residents and guests.Ideally located near public transportation, shopping, schools, and entertainment, this property is perfect for investors seeking strong rental potential or for owner-occupants looking to live in one unit while generating income from the others.Don't miss this exceptional opportunity to own a move-in-ready, income-producing property in a highly desirable location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,770
Year Built
- Built in 1914
Lot Details
- 3,246 Sq Ft Lot
- Level Lot
Parking
- 2 Car Detached Garage
Home Design
- Asphalt Shingled Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Multiple cooling system units
- Multiple Heating Units
- Standard Electricity
Listing and Financial Details
- Assessor Parcel Number 1617-06106-0000-00001-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $13,360 | $341,700 | $81,700 | $260,000 |
| 2024 | $12,735 | $341,700 | $81,700 | $260,000 |
| 2022 | $11,843 | $341,700 | $81,700 | $260,000 |
| 2021 | $10,785 | $186,600 | $45,200 | $141,400 |
| 2020 | $10,463 | $186,600 | $45,200 | $141,400 |
| 2019 | $9,918 | $186,600 | $45,200 | $141,400 |
| 2018 | $9,759 | $186,600 | $45,200 | $141,400 |
| 2017 | $9,087 | $186,600 | $45,200 | $141,400 |
| 2016 | $8,916 | $186,600 | $45,200 | $141,400 |
| 2015 | $8,683 | $186,600 | $45,200 | $141,400 |
| 2014 | $8,302 | $186,600 | $45,200 | $141,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2026 05/06/26 | Price Changed | $779,000 | -1.3% | -- |
| 04/27/2026 04/27/26 | For Sale | $789,000 | 0.0% | -- |
| 04/23/2026 04/23/26 | Pending | -- | -- | -- |
| 04/14/2026 04/14/26 | For Sale | $789,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $450,000 | Old Republic National Title | |
| Sheriffs Deed | $330,000 | Old Republic National Title | |
| Deed | -- | Riverview Title | |
| Quit Claim Deed | -- | -- | |
| Deed | $105,000 | -- | |
| Deed | $136,368 | -- | |
| Deed | $115,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $472,500 | Construction | |
| Previous Owner | $380,000 | New Conventional | |
| Previous Owner | $243,750 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $134,400 | FHA | |
| Previous Owner | $131,000 | FHA | |
| Previous Owner | $115,000 | FHA |
Source: Garden State MLS
MLS Number: 4020626
APN: 17-06106-0000-00001
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