- Multi-Family Residential
- Active
- 4 months ago
553 S Orange Ave
Newark City NJ 07103-1340
$648,000
25X100
Description
EXCEPTIONAL 2-FAMILY HOME IN NEWARK! This beautifully upgraded multi-family residence is ideal for both investors and owner-occupants seeking a move-in-ready, income-generating property in a vibrant and accessible Newark neighborhood. Unit 1 spans two levels, occupying the first floor and finished basement. The main level offers two well-sized bedrooms one featuring charming bay windows and a fully renovated bathroom. The modern kitchen boasts quartz countertops, updated appliances, a spacious dining area, and direct access to the backyard. The lower level includes two additional bedroom areas, a second full bathroom, and another access point to the backyard. Unit 2 has its own entrance leading to the second floor. This unit includes a bedroom area with bay windows, plus two more generously sized bedrooms. A nicely renovated full bathroom and an updated kitchen with dining area and backyard access complete the layout. Additional highlights include elegant moldings, updated flooring, modern plumbing, and thoughtful design touches throughout. Both units feature front and rear entrances, enhancing convenience and privacy. Located just steps from public transportation and within blocks of parks, schools, shops, and restaurants. Whether you're looking to live in one unit and rent the other, or add a high-quality property to your investment portfolio, this is an opportunity not to be missed. SCHEDULE YOUR PRIVATE TOUR TODAY!
Facts and Features
Type
Multi-Family Residential
Year Built
2024
Heating
Gas-Natural
SQFT
25X100
Bedrooms
7
bathrooms
3.00
GARAGE
Status
Active
Interior Features
- Basement Description
- Finished, Full, Walkout
- Basement
- Yes
- Total # Full Baths
- 3
- Total # Baths
- 3.00
- # Bedrooms
- 7
- Cooling
- See Remarks
- Heating
- 2 Units
- Fuel Type
- Gas-Natural
- Status
- Active
- Total # Rooms
- 11
- Unit 1 Appl/Equip
- Carbon Monoxide Detector, Smoke Detector
- Unit 1 Baths
- 2.0
- Unit 1 Bedrooms
- 4
- Unit 1 Handicap Modified
- No
- Unit 1 Lease Expiration
- 2025-08-31
- Unit 1 Levels
- 2
- Unit 1 Owner/Tenant Pays
- Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
- Unit 1 Rent
- 2450
- Unit 1 Room Description
- Bedrooms, Kitchen, Living/Dining Room
- Unit 1 Rooms
- 6
- Unit 2 Appl/Equip
- Carbon Monoxide Detector, Smoke Detector
- Unit 2 Baths
- 1.0
- Unit 2 Bedrooms
- 3
- Unit 2 Handicap Modified
- No
- Unit 2 Lease Expiration
- 2025-08-31
- Unit 2 Levels
- 1
- Unit 2 Owner/Tenant Pays
- Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
- Unit 2 Rent
- 2150
- Unit 2 Room Description
- Bedrooms, Kitchen, Living/Dining Room
- Unit 2 Rooms
- 5
- Unit Style
- 2-Two Story
Exterior Features
- Total Acres
- 0.06
- Parking/Driveway Description
- On-Street Parking
- Easement
- Unknown
- Exclusions
- Tenants appliances and belongings.
- Exterior Description
- Vinyl Siding
- Approximate Lot Size
- 25X100
- Roof Description
- Flat
- Sewer
- Public Sewer
- Total # Units
- 2
- Utilities
- Electric, Gas-Natural
- Water
- Public Water
- Construction Date/Year Built
- 9999
- Construction Date/Year Built Des
- Renovated