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Listed by Luis Davila Coldwell Banker, Clifton
$ 849,000
Est. payment /mo
Under Contract
272-274 Orange ST Newark, NJ 07103
8 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 26017512
Style 3 Family
Bedrooms 8
Full Baths 3
Property Sub-Type 3 Family
Property 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.
Location
State NJ
County Essex
Interior
Laundry In Unit
Exterior
Garage Spaces 2.0
Nearby Locations
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