NJ > City Of Orange Twp. > Dodd Town Upper Orange
City Of Orange Twp., NJ 07050,227 N Center St
City Of Orange Twp., NJ 07050,227 N Center St
City Of Orange Twp., NJ 07050,227 N Center St
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$639,500
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5 Beds
4 Baths
19,998 SqFt
Open Sat 2PM-4PM

227 N Center St City Of Orange Twp., NJ 07050

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Marina Altman

Marina Altman

+1(732) 371-4050

OPEN HOUSE

Sat May 24, 2:00pm - 4:00pm

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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 19,998 sqft

Price per Sqft $31

Subdivision Dodd Town Upper Orange

MLS Listing ID 3963809

Style 2-Two Story

Bedrooms 5

Full Baths 4

Year Built 1926

Annual Tax Amount $19,700

Tax Year 2024

Lot Size 4,356 Sqft

Property Description

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.

Location

State NJ

County Essex

Zoning R2

Rooms

Basement Finished, French Drain, Walkout

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, Vinyl-Linoleum Floors, Window Treatments, Wood Floors

Heating Gas-Natural

Cooling 2 Units

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features On-Street Parking

Utilities Available Gas In Street, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Schools

Elementary Schools Cleveland

Middle Schools Lincoln

High Schools Orange

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by EXP REALTY, LLC

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Marina Altman

+1(732) 371-4050

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227 N Center St