Address
162 Tremont Ave # 2, East Orange City, NJ
Price
$ 549,500
Property Attributes
  • MLS#3893180
  • TypeMulti-Family
  • CountyESSEX
  • CityEast Orange City
  • AreaEast Orange City
  • Zip07018
  • Style2-Two Story
  • Year Built1930
  • Taxes$ 8927
  • Price$ 549,500
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size2,614 SqFt
Data Source:
Garden State MLS (GSMLS)
Property Description

Welcome to your newly renovated 2 unit home in the heart of East Orange. Boasting with 4 bedrooms, 2 modern bathrooms with a large finished basement and a prime location. This property presents a rare investment opportunity for those seeking both comfort and potential rental income. This home presents a great turnkey solution for the modern homeowner or investor opportunity to generate steady monthly rental income between $4800-5500 + or the possibility of owner-occupancy with rental income potential. Step into each unit to find a spacious open plan features with a seamless blend of modern aesthetics with functionality. Each kitchen is a culinary haven, equipped with stainless steel appliances, sleek cabinetry, and ample counter space. The living areas are bathed in natural light and hardwood flooring, creating an inviting atmosphere great for entertaining, providing residents with a private retreat after a busy day. Making this property ideal for diverse housing needs. Enjoy the outdoors in the large private yard, perfect for gatherings, barbecues, simply unwinding. Close to all modes of public transportation and South Orange, East Orange VA & Carewell Medical Center. Minutes away from I-280 and Garden State Pkwy and a easy commute to New York. Pls submit your best offer at your nearest convenience to avoid any disappointment. The LA has a legal interest in this property.

Price History
3/28/2024 Listed $549,500

General Features

Interior Features Carbon Monoxide Detector,Fire Extinguisher,High Ceilings,Smoke Detector,Tile Floors,Wood Floors
Sewer Public Sewer
Heating 2 Units,Baseboard - Hotwater
Cooling None,WindowAC
Utilities All Underground
Possession At Closing
Roof Asphalt Shingle
Exterior Features Metal Fence
Zoning R2
Architectural Style 2-Two Story
Exclusions All Staging Items
Year Built 1930
Garage None
Township East Orange City
Unit Number 2
Easement Unknown
Tax Year 2023
Gross Income 9999999
County Essex
Net Operating Income 99999999
Operating Expense 281800
Total Rooms 8
Status Active
Directions South Clinton Street to Tremont Ave.
Total Units 2
Street Name Tremont Ave
Tax Annual Amount 8927
Home Warranty Y/N No
Drive On-Street Parking
Days on Market 22
Standard Status Active
Tax Assessed Value 281800
Town # 1605
Tax Lot 1.01
Farm Assessment No

Interior Features

Basement Finished,Walkout
Unit 2 Rooms 4
Unit 1 Rooms 4
Unit 1 Room Description Bedrooms,Dining Room,Eat-In Kitchen,Living/Dining Room
Unit 2 Room Description Bedrooms,Dining Room,Eat-In Kitchen,Living/Dining Room
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Gas-Natural
Unit 1 Levels 1
Unit 2 Levels 2
Full Baths 2
Total Bedrooms 4
UnitType1TotalRent 9999
UnitType2TotalRent 9999
Unit 2 Handicap Modified No
Unit 1 Handicap Modified No
Unit 1 Appl/Equip Carbon Monoxide Detector,Dishwasher,Microwave Oven,Range/Oven - Gas,See Remarks,Smoke Detector
Unit 2 Appl/Equip Carbon Monoxide Detector,Dishwasher,Microwave Oven,Range/Oven - Gas,See Remarks,Smoke Detector

Exterior Features

Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X100
Lot Size Acres 0.06

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07018

Price
AVG $540K
$550K
Taxes
AVG $10,859
$8,927
Visits
AVG 138
108
Data Provided by Inside Real Estate®
Year Built
AVG 1911
1930

Your Agent

Marianne Gardella

Licensed Personal Assistant, Administrative Assistant

908-399-2484

Listed By
EXP REALTY, LLC; 862-283-1281