553 S Orange AveNewark City, NJ 07103
Essex County
Description
EXCEPTIONAL 2-FAMILY HOME IN NEWARK!!! This beautifully upgraded multi-family residence is ideal for both investors and owner-occupants seeking a move-in-ready, income-generating property in a vibrant and accessible Newark neighborhood. Unit 1 spans two levels, occupying the first floor and finished basement. The main level offers two well-sized bedrooms one featuring charming bay windows and a fully renovated bathroom. The modern kitchen boasts quartz countertops, updated appliances, a spacious dining area, and direct access to the backyard. The lower level includes two additional bedroom areas, a second full bathroom, and another access point to the backyard. Unit 2 has its own entrance leading to the second floor. This unit includes a bedroom area with bay windows, plus two more generously sized bedrooms. A nicely renovated full bathroom and an updated kitchen with dining area and backyard access complete the layout. Additional highlights include elegant moldings, updated flooring, modern plumbing, and thoughtful design touches throughout. Both units feature front and rear entrances, enhancing convenience and privacy. Located just steps from public transportation and within blocks of parks, schools, shops, and restaurants. Whether you're looking to live in one unit and rent the other, or add a high-quality property to your investment portfolio, this is an opportunity not to be missed. SCHEDULE YOUR PRIVATE TOUR TODAY!
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Style
- 2-Two Story
- Stories
- 2
- Lot size
- 0.06 acres
- Days on market
- 215
- MLS® Listing#
- 4009967
Property Features
- Heating
- Natural Gas
- Basement
- Finished · Full · Walk-Out Access
- Parking
- On Street
- Construction
- Vinyl Siding
- Utilities
- Natural Gas Available
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- Annual taxes
- $4,921Tax year 2024
- Assessed value
- $129,400
- Parcel number
- 1614-01789-0000-00029-0000-
Directions
Grove St to S Orange ave
Listing Courtesy: NATIONWIDE HOMES REALTY LLC - 2034820102
Newark City Market Statistics
How this home compares to 395 active listings in Newark City, NJ
| Newark City median | This listing | |
|---|---|---|
| Median listing price | $616,346 | $599,999 |
| Median days on market | 47 | 215 |
| Median Sq Ft | 3,475 | — |
| Median price / Sq Ft | $228 | — |
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 416 S 15Th St, Newark City, NJ | $599,900 | 7 | 3 | 1,998 |
| 191 21St St, Irvington Twp., NJ | $598,000 | 7 | 2 | 2,100 |
| 30 Argyle Ter, Irvington Twp., NJ | $600,000 | 7 | 5 | — |
| 176 Hollywood Ave, East Orange City, NJ | $599,999 | 8 | 3 | 19,998 |
