229 N Center St
City Of Orange Twp, NJ 07050
Price: $615,000
GSMLS: 3963809Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 5
Baths: 4 Full
Garage: No
Year Built: 1926
Acres: 0.10
Property Tax: $19,700
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.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Finished, French Drain, Walkout
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, Vinyl-Linoleum Floors, Window Treatments, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
n/a
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
On-Street Parking
Parking:
2 Car Width, Common, Off-Street Parking, On-Street Parking, Parking Lot-Shared
Spaces Available:
2
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Security System, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom, Utility Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Security System, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units
Heating Fuel:
Gas-Natural
Cooling:
2 Units
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas In Street, Gas-Natural
Services:
n/a
School Information
Elementary:
CLEVELAND
Middle:
LINCOLN
High School:
ORANGE
Community Information
County:
Essex
Town:
City Of Orange Twp.
Neighborhood:
Dodd Town Upper Oran
Financial Considerations
List Price:
$615,000
Tax Amount:
$19,700
Land Assessment:
$83,200
Build. Assessment:
$422,300
Total Assessment:
$505,500
Tax Rate:
3.91
Tax Year:
2024
Listing Information
MLS ID:
3963809
List Date:
05-17-2025
Days On Market:
22
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BoulderRidgeNJ.com
