330 Academy St

South Orange Village Twp, NJ 07079


 

Price: $899,000

GSMLS:  4015323
Type: Multi-Family
Style: 2-Two Story, Under/Over
Total Units: 2
Beds: 11
Baths: 4 Full
Garage: No
Year Built: 1922
Acres: 0.16
Property Tax: $20,271
Description
Well-maintained and thoughtfully updated, this two-family property offers a compelling opportunity in the heart of South Orange just moments from Seton Hall University, South Orange Village, and direct NYC transit. Both units offer spacious, flexible layouts with multiple bedrooms and well-proportioned living spaces. High ceilings, hardwood floors, and large windows provide abundant natural light throughout. Each unit features a living room, dining area, bonus space, and an eat-in kitchen equipped with refrigerator, dishwasher, stove, and microwave. Additional highlights include in-unit laundry, off-street parking, and layouts that consistently attract strong tenant demand. The property has benefited from extensive capital improvements, including updated kitchens and bathrooms, upgraded electrical and plumbing systems, drainage and foundation work, and major mechanical updates. New roofing and gutter system (2025) further reduce near-term capital expense. Offering strong in-place income with additional upside potential, this is a rare opportunity for investors or owner-occupants in one of Essex County's most desirable rental markets. ** 2026-2027 rents+additional income have increased to $9596/mo increasing monthly net operating income to $7071 ($84,852 annually from $70,068) an increase of 21% year over year.
General Info
Style:
2-Two Story, Under/Over
SqFt Building:
n/a
Total Rooms:
21
Basement:
Yes - Finished, Full, Walkout
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Blacktop, Common, Off-Street Parking
Spaces Available:
8
Unit 1
Bedrooms:
5
Bathrooms:
2
Total Rooms:
10
Room Description:
Bedrooms, Den, Dining Room, Eat-In Kitchen, Laundry Room, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
6
Bathrooms:
2
Total Rooms:
11
Room Description:
Bedrooms, Den, Dining Room, Eat-In Kitchen, Laundry Room, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
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:
Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV Available, Fiber Optic Available, Garbage Extra Charge
School Information
Elementary:
n/a
Middle:
n/a
High School:
COLUMBIA
Community Information
County:
Essex
Town:
South Orange Village Twp.
Neighborhood:
ACADEMY HEIGHTS
Financial Considerations
List Price:
$899,000
Tax Amount:
$20,271
Land Assessment:
$311,700
Build. Assessment:
$472,800
Total Assessment:
$784,500
Tax Rate:
2.58
Tax Year:
2025
Listing Information
MLS ID:
4015323
List Date:
03-18-2026
Days On Market:
0
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Katherine Elliott
 

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RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
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Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox