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229 N Center St

City Of Orange Twp., NJ 07050
  • $689,999
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 3908015
UPDATED: 149 min ago
$689,999
  • 5
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
Built:
1926
County:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to your newly renovated two-family home in Orange! Fully renovated in 2022, this property boasts 5 bedrooms, 3 full bathrooms, and a fully finished basement. Each unit is equipped with central air and forced heat. Enjoy the convenience of off-street parking and shared washer and dryer hookups in the basement. Ideally located just moments from shopping, parks, places of worship, and public transportation, this home is perfect for commuters. Whether you're an investor seeking a cash-flowing property or an owner-occupant looking to offset your monthly payments, this property is an excellent choice. The first unit is currently rented for $2,000. with market values ranging from $1,600 to $1,800. The second unit is rented for $2,350, with a market rental value between $2,600 and $2,800. This two-family home has the potential to generate a gross rental income of $50,400 annually at the lower end. Don't miss your chance to see this fantastic property!

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-07-14T17:46:32.483.
www.baerhomes.com/homes/151718678
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229 N Center St City Of Orange Twp., NJ 07050

  • Price: $689,999
  • Status: Active
  • On Site: 28 Days
  • Updated: 149 min ago
  • MLS #: 3908015
5
Beds
3
Baths
1
½ Baths
0.1
Acres
1926
Built
County:
Essex
Area:
City Of Orange Twp.
Elementary School:
Park Ave
Middle School:
Cleveland
High School:
Orange
Property Description
Welcome to your newly renovated two-family home in Orange! Fully renovated in 2022, this property boasts 5 bedrooms, 3 full bathrooms, and a fully finished basement. Each unit is equipped with central air and forced heat. Enjoy the convenience of off-street parking and shared washer and dryer hookups in the basement. Ideally located just moments from shopping, parks, places of worship, and public transportation, this home is perfect for commuters. Whether you're an investor seeking a cash-flowing property or an owner-occupant looking to offset your monthly payments, this property is an excellent choice. The first unit is currently rented for $2,000. with market values ranging from $1,600 to $1,800. The second unit is rented for $2,350, with a market rental value between $2,600 and $2,800. This two-family home has the potential to generate a gross rental income of $50,400 annually at the lower end. Don't miss your chance to see this fantastic property!
Exterior Features

Approximate Lot Size 4162 SF Exterior Description Vinyl Siding Number Of Parking Spaces 4 Parking Driveway Description 2 Car WidthAdditional ParkingBlacktopCommonDriveway-SharedOn-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-PartiallyFrench DrainWalkout Cooling 2 UnitsCentral Air Heating 2 UnitsForced Hot Air Interior Features Carbon Monoxide DetectorSmoke DetectorWood Floors Total Number Of Rooms 12 Unit1 Appliances Equipment Carbon Monoxide DetectorDishwasherRange/Oven - ElectricRange/Oven - GasSecurity SystemSmoke DetectorWasher Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 2250 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Carbon Monoxide DetectorDishwasherRange/Oven - ElectricRange/Oven - GasRefrigeratorSecurity SystemSmoke DetectorWasher Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 9999

Property Features

Assessment Total 185700 Building Assessment 102500 Easement Yes Easement Description YES Expenses Include Cold WaterMaintenanceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 54000 Home Warranty No Land Assessment 83200 Net Operating Income 30000 Renovated Year 2022 Services Cable TV Available Sewer Public AvailablePublic Sewer Tax Amount 6921 Tax Rate Amount 3.727 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 30000 Unit Style Duplex-Side by Side Unit1 Lease Expiration 2025-06-02 Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit1 Rent 2000 Unit2 Handicap Modified No Unit2 Lease Expiration 2024-06-15 Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit2 Rent 2800 Unit2 Security Deposit 6000 Utilities ElectricGas-Natural Water Public Water Water Heater Electric Year Built Description RenovatedStanding

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 973-441-6350.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-07-14T17:46:32.483.
 
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