121 3rd St
South Orange Village Twp, NJ 07079
Price: $1,200,000
GSMLS: 4043518Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 6
Baths: 5 Full
Garage: 2-Car
Year Built: 1964
Acres: 0.14
Property Tax: $19,361
Description
This property is special for the savvy, skilled investor looking to build their portfolio. Rare 2-Unit gem just 2 blocks from South Orange Downtown, NYC-bound trains, local shopping, restaurants, parks, and the town pool. This fully renovated 2-unit home blends location, lifestyle, and income potential. Just move in and enjoy. Unit 1, occupied and renting at $3900 has three bedrooms, two full baths, and laundry. Unit 2 rents monthly short term airbnb for $4700 and has a similar layout showcasing 3 bedrooms, 2 full baths and laundry. Both units offer open-concept layouts, and functional kitchens with large windows flooding the interiors with natural light. There is also a ground recreational space with laundry, a full bath, ample storage, an egress window and contemporary finishes present throughout. Unit one has a central HVAC system, while unit 2 requires window a/c units. A brand-new in-ground pool, adds a luxurious touch for future summers at home. The property also includes parking for 6 cars (4 outdoor, 2 in-garage). Live in one unit, rent out the other, or maximize rental income from both. With unmatched proximity to transit and town, this is your chance to own in one of the most desirable pockets of Academy Heights in South Orange.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Finished
Interior:
Blinds, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Attached Garage
Parking:
2 Car Width
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Laundry Room, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Laundry Room, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
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:
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:
2 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
2 Units, Central Air
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
South Orange Village Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$1,200,000
Tax Amount:
$19,361
Land Assessment:
$261,500
Build. Assessment:
$487,800
Total Assessment:
$749,300
Tax Rate:
2.58
Tax Year:
2025
Listing Information
MLS ID:
4043518
List Date:
07-28-2026
Days On Market:
5
Listing Broker:
KELLER WILLIAMS VILLAGE SQUARE
Listing Agent:
Luis Tomas Estrella
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
