272-274 Orange St

Newark City, NJ 07103


 

Price: $849,000

GSMLS:  4026353
Type: Multi-Family
Style: 3-Three Story, Triplex
Total Units: 3
Beds: 8
Baths: 3 Full
Garage: 2-Car
Year Built: 2006
Acres: 0.07
Property Tax: $9,209
Description
Exceptional opportunity to own a newer construction 3-family property in Newark with strong income potential, spacious layouts, and rare parking flexibility. Built in 2006, this well-sized multi-family features one 2-bedroom apartment and two oversized 3-bedroom apartments, each offering separate living rooms, dining rooms, and in-unit laundry.What truly sets this property apart is the parking and future upside potential. In addition to the built-in 2-car garage, the property also features a massive 4-car-wide driveway in the rear, offering rare off-street parking capacity that is increasingly difficult to find in Newark. The oversized lot may also present future development possibilities for additional units and/or parking, subject to buyer verification and municipal approvals.Conveniently located just blocks from Route 280 and Route 21, this property offers excellent accessibility to major commuter routes, buses, and the Light Rail. Also located near Branch Brook Park, schools, shopping, restaurants, and entertainment including NJPAC.Ideal for investors or owner-occupants seeking a strong long-term hold opportunity with income, space, parking, and future potential all in one property. Property being sold strictly AS-IS. Buyer responsible for obtaining the Certificate of Occupancy and Smoke Certificate.
General Info
Style:
3-Three Story, Triplex
SqFt Building:
3,001
Total Rooms:
14
Basement:
Yes - Finished, Full, Walkout
Interior:
Blinds, Carbon Monoxide Detector, Fire Extinguisher, Security System, See Remarks, Smoke Detector, Walk-In Closet, Wood Floors
Roof:
Asphalt Shingle, See Remarks
Exterior:
Brick, See Remarks, Vinyl Siding
Lot Size:
30X100
Lot Desc:
Corner, Level Lot, Possible Subdivision
Parking
Garage Capacity:
2-Car
Description:
Built-In Garage, Carport-Attached, Garage Door Opener, See Remarks
Parking:
Additional Parking, Concrete, Hard Surface, Parking Lot-Exclusive, See Remarks
Spaces Available:
6
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Laundry Room, Living/Dining Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, 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:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, See Remarks
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, 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 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:
3 Units, Forced Hot Air, Multi-Zone, See Remarks
Heating Fuel:
Gas-Natural, See Remarks
Cooling:
Central Air, Multi-Zone Cooling, See Remarks
Water Heater:
n/a
Water:
Public Water, See Remarks
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural, See Remarks
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:
$849,000
Tax Amount:
$9,209
Land Assessment:
$20,400
Build. Assessment:
$209,900
Total Assessment:
$230,300
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4026353
List Date:
05-08-2026
Days On Market:
1
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Luis Davila
 

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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