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257 New St

City Of Orange Twp., NJ 07050
  • $990,000
  • STATUS: Active
  • ON SITE: 185 Days
  • MLS #: 3963440
UPDATED: 54 min ago
$990,000
  • 7
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1882
County:

School Ratings & Info

Description

4 Family Renovated Vacant corner Lot in exceptional location next to Monctclair Child development Day Care and 2 Blocks away from Main st. MASSIVE PARKING LOT can fit up to 8 Trucks, Perfect for an investor or living in one unit and renting out the rest! New Electric and Plumbing. Projected income of minimum $9,100/month. Unit one has 2 bedrooms, LR, eat in kitchen and Full Bath with basement for laundry and storage. Unit 2 has 3 bedrooms, LR, Eat in kitchen and Full Bath. Units 3 & 4 have one bedroom, LR/Kitchen/dining area and one full Bath with access to the second basement for laundry and storage with the potential of creating another living space which has its own Entrance/Exit. Separate Utilities. Gas hot water heaters, Forced Hot air Brand New HVAC with potential to add central A/C if desired. Multiple renters asking to rent a unit everyday! Put in your offer before this opportunity goes! Potential rents: Unit 1: $2,200, unit 2: $2,400, Units 3&4: $1,850. Private parking: 5-6 spots cars: $150/month, trucks/vans: $250/month.

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Garden State MLS logo © 2025 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 2025-11-17T13:48:56.68.
www.baerhomes.com/homes/163860472
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257 New St City Of Orange Twp., NJ 07050

  • Price: $990,000
  • Status: Active
  • On Site: 185 Days
  • Updated: 54 min ago
  • MLS #: 3963440
7
Beds
4
Baths
0
½ Baths
0.11
Acres
1882
Built
County:
Essex
Area:
City Of Orange Twp.
Property Description
4 Family Renovated Vacant corner Lot in exceptional location next to Monctclair Child development Day Care and 2 Blocks away from Main st. MASSIVE PARKING LOT can fit up to 8 Trucks, Perfect for an investor or living in one unit and renting out the rest! New Electric and Plumbing. Projected income of minimum $9,100/month. Unit one has 2 bedrooms, LR, eat in kitchen and Full Bath with basement for laundry and storage. Unit 2 has 3 bedrooms, LR, Eat in kitchen and Full Bath. Units 3 & 4 have one bedroom, LR/Kitchen/dining area and one full Bath with access to the second basement for laundry and storage with the potential of creating another living space which has its own Entrance/Exit. Separate Utilities. Gas hot water heaters, Forced Hot air Brand New HVAC with potential to add central A/C if desired. Multiple renters asking to rent a unit everyday! Put in your offer before this opportunity goes! Potential rents: Unit 1: $2,200, unit 2: $2,400, Units 3&4: $1,850. Private parking: 5-6 spots cars: $150/month, trucks/vans: $250/month.
Exterior Features

Approximate Lot Size 4933 SF Exterior Description Vinyl Siding Exterior Features See Remarks Lot Description Corner Number Of Parking Spaces 5 Parking Driveway Description Driveway-ExclusiveParking Lot-Exclusive Roof Description Asphalt ShingleSlate

Interior Features

Basement Yes Basement Description French DrainUnfinishedWalkout Cooling None Heating Forced Hot Air Interior Features Fire Alarm SysHigh CeilingsSmoke Detector Total Number Of Rooms 16 Unit1 Appliances Equipment CarbMDetCookGasFireAlrmKitExhFnRgOvGasRefrigSmokeDet Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description BedroomsEat-In KitchenLaundry RoomLiving RoomStorage Unit1 Rooms 5 Unit1 Security Deposit 999999999 Unit1 Sq Ft 9999 Unit2 Appliances Equipment CarbMDetCookGasFireAlrmKitExhFnRgOvGasRefrigSmokeDet Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving RoomPantry Unit2 Rooms 6 Unit2 Sq Ft 9999 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 1 Unit3 Levels 2 Unit3 Room Description BedroomsEat-In KitchenLaundry RoomStorage Unit3 Rooms 3 Unit3 Sq Ft 9999 Unit4 Appliances Equipment CarbMDetCookGasFireAlrmKitExhFnRgOvGasRefrigSmokeDet Unit4 Baths 1.0 Unit4 Bedrooms 1 Unit4 Fireplaces 1 Unit4 Levels 1 Unit4 Room Description BedroomsEat-In KitchenLiving Room Unit4 Rooms 3 Unit4 Sq Ft 9999

Property Features

Assessment Total 386200 Building Assessment 282000 Easement No Expenses Include Cold WaterInsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 114600 Land Assessment 104200 Net Operating Income 93547 Renovated Year 2025 Sewer Public Sewer Tax Amount 15100 Tax Rate Amount 3.910 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 21053 Unit Style Fourplex Unit1 Owner Tenant Pays Owner Pays Water Unit1 Rent 2200 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays Water Unit2 Rent 2400 Unit2 Security Deposit 999999999 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays Water Unit3 Rent 1850 Unit3 Security Deposit 999999999 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays Water Unit4 Rent 1850 Unit4 Security Deposit 99999999 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description ApproximateRenovated

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 908-445-5546.


Garden State MLS logo © 2025 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 2025-11-17T13:48:56.68.
 
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