553 S Orange Ave
Newark City, NJ 07103
Price: $648,000
GSMLS: 3979618Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 7
Baths: 3 Full
Garage: No
Year Built: Unknown
Acres: 0.06
Property Tax: $4,921
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!
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Finished, Full, Walkout
Interior:
n/a
Roof:
Flat
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
4
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
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:
See Remarks
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$648,000
Tax Amount:
$4,921
Land Assessment:
$44,400
Build. Assessment:
$85,000
Total Assessment:
$129,400
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3979618
List Date:
08-05-2025
Days On Market:
25
Listing Broker:
NATIONWIDE HOMES 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: MorrisCountyLiving.com
