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Billy Noguera

billy.noguera@exprealty.com +1(646) 413-2543

$ 500,000

Est. payment -/mo

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Under Contract

74 Marcy Ave East Orange City, NJ 07017

6 Beds

2 Baths

2,400 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $208

MLS Listing ID 4057054

Style 2-Two Story, Under/Over

Bedrooms 6

Full Baths 2

Year Built 1924

Annual Tax Amount $10,925

Tax Year 2025

Lot Size 3,049 Sqft

Property Description

Rare opportunity for owner-occupants and investors alike! This 2-family home needs no major work just a little TLC. Offering a total of 6 Brs and 2 full Bths, each unit features 3 Brs and 1 full Bth. Basement is semi-finished, standing-height and offers potential for additional living/recreation space and features a separate private entrance/walkout. As an added bonus, the attic provides further potential, adding to future versatility. The potential annual rental income for this property is $66,000, with annual taxes amounting to $10,925. This results in a net annual income of $55,075 before utilities and debt servicing charges. Unit 2 is vacant while unit 1 is occupied but has no lease (Month 2 Month). Key highlights include genuine hardwood floors throughout. Unit 2 comes with updated kitchen with granite countertops and newer cabinetry. Interior walls have been redone and primarily need painting to complete the refresh. Both units offer separate living and dining rooms. Driveway accommodates multiple vehicles, with additional parking at the rear. Utilities are all separated

Location

State NJ

County Essex

Rooms

Basement Finished-Partially, Full, Walkout

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Garage No

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, Under/Over

Others

Senior Community No

Listed by COLDWELL BANKER REALTY

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