This is a fantastic investment opportunity located in beautiful West Orange. It is just a few blocks from downtown West Orange and a few minutes from downtown Montclair. It is conveniently located near schools, shops, and houses of worship. Unit 2 was recently updated, the other 3 units were updated in 2021. Each unit comes with a huge storage locker in the basement. Basement also has a large office with a full bathroom. This home is fully occupied with great tenants, Unit 2 will be rented on 12/1/24.
This lovely West Orange 2-family home is well located and has loads of parking (room for 4+ large vehicles), strong rental income potential and a great layout. Top unit has been completely renovated in 2023. The bottom 2 bedroom has been recently updated as well. Both the large attic and the basement offer possibilities for additional living area expansion. Apartments are sunny and bright with high ceilings, and stainless steel appliances. Each apartment has separate and updated electric! Newer boiler, hw heater, and GAF lifetime shingle roof. Terrific opportunity for first time investors or owner occupants looking to live in one unit and rent out the other. Centrally located near highly rated restaurants, entertainment, parks and more! Less than 1/2 mile to NYC train, buses, and easy access to both 280 and the GSP. LOW TAXES and a must see!
Check out this incredible investment property! It's a spacious 2-family updated home with surprisingly high ceilings in both units. New beautiful luxury vinyl plank flooring throughout and fresh paint. Enter the top unit by the grand staircase entry foyer with new plush carpet. This 2 bedroom, 1 bathroom apartment has a brand new updated kitchen with 15 feet of granite countertops, brand new stainless gas range with hood vent, stainless dishwasher and its own washer/dryer unit. With newer windows, it's as fresh as can be. The lower unit is so impressive, walk into the huge living room and separate formal dining room. Featuring a brand new updated bathroom with new window and modern fixtures. Two cozy bedrooms and a generously fabulous 2-tone updated kitchen with white quartz countertops, new window, coffee bar niche and new black appliances adorn the main floor. The bright sun room makes the perfect retreat with walk-out access to backyard. The spacious basement has ample storage space, utilities, washer/dryer units and newly finished bonus/office/playroom, a room to use for whatever your heart desires. With separate gas and electric, shared heat and water, street parking, and a fully functional above ground (inside) oil tank, this property has it all! Lender may require Flood Insurance
Investment Opportunity Alert! Renovated 4-family double Duplex home in the heart of West Orange. Ready to cash flow and add this property to your portfolio. Three of the units offer 2 Bedrooms, an Eat-in Kitchen, Living area & 1 Full Bath with Laundry. The other unit offers a similar layout with 3 Bedrooms! Basement storage + a large Backyard that is partially fenced-in for your privacy. Newer Roof installed in 2008 with separate Solar Systems for eachunit, reducing electric bills by 30-40%! Each unit comes with a built-in Microwave + Stove. Newer 400A electric service installed in 2006! Newer Gas Steam boilers for allunits too. All of this & so much more in a prime location, close to shopping, dining, parks, schools, easy access to Rte 280 + the bus loop & 1 mile to Orange NJ TransitStation, a commuter's delight! An excellent opportunity you don't want to miss! Come & see TODAY!
The median home value in West Orange, NJ is $625,000. This is higher than the county median home value of $498,800. The national median home value is $338,100. The average price of homes sold in West Orange, NJ is $625,000. Approximately 68.28% of West Orange homes are owned, compared to 26.73% rented, while 4.99% are vacant. West Orange real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a West Orange real estate agent to arrange a tour today!
West Orange, New Jersey has a population of 48,480. West Orange is more family-centric than the surrounding county with 32.45% of the households containing married families with children. The county average for households married with children is 30.18%.
The median household income in West Orange, New Jersey is $118,326. The median household income for the surrounding county is $67,826 compared to the national median of $69,021. The median age of people living in West Orange is 43.9 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 50.1 inches per year, with 25.6 inches of snow per year.