257 New St, City Of Orange Twp., NJ

$990,000

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7

Beds

4

Baths

0.11

Acres

About 257 New St

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.

Features of 257 New St

MLS® # 3963440
Price $990,000
Bedrooms 7
Bathrooms 4.00
Full Baths 4
Acres 0.11
Year Built 1882
Type Multi-Family
Style FourPlex
Status Active

Community Information

Address 257 New St
City City Of Orange Twp.
County Essex
State NJ
Zip Code 07050-3703

Amenities

Utilities Electric, Gas-Natural
Parking Spaces 5
Parking Driveway-Exclusive, Parking Lot-Exclusive

Interior

Interior Features High Ceilings, Smoke Detector, Fire Alarm Sys
Heating Gas-Natural
Has Basement Yes
Basement Unfinished, Walkout, French Drain

Exterior

Exterior Vinyl Siding
Exterior Features See Remarks
Roof Asphalt Shingle, Slate

Additional Information

Date Listed May 15th, 2025
Days on Market 32

Listing Details

OfficePREMIUMONE REALTY

Listing Map

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