Property

Newark City, NJ 07103 553 S Orange Ave

553 S Orange Ave Newark City, NJ - Image 1553 S Orange Ave Newark City, NJ - Image 2553 S Orange Ave Newark City, NJ - Image 3
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Presented By: NATIONWIDE HOMES REALTY LLC; 201-500-8354
  • MLS# 3979618
  • 08/05/2025
  • Request Tour
  • Request Info
  • Beds • 7
  • Baths • 3

Home Details

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!
Presented By: NATIONWIDE HOMES REALTY LLC; 201-500-8354

Interior Features for 553 S Orange Ave

Bedrooms

Total Bedrooms7
Unit 1 Beds Total4
Unit 2 Beds Total3

Bathrooms

Half Baths0
Unit 1 Baths Total2.0
Unit 2 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels2
Unit 2 Levels1
UnitType1TotalRent2450
UnitType2TotalRent2150
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Smoke Detector
BasementFinished, Full, Walkout
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms5
Unit 1 Rooms6
Unit 1 Room DescriptionBedrooms, Kitchen, Living/Dining Room
Unit 2 Room DescriptionBedrooms, Kitchen, Living/Dining Room

General for 553 S Orange Ave

Architectural Style2-Two Story
CoolingSee Remarks
CountyEssex
DirectionsGrove St to S Orange ave
DriveOn-Street Parking
EasementUnknown
ExclusionsTenants appliances and belongings.
Full Baths3
Gross Income
Heating2 Units
Net Operating Income
Number Of Units Total2
Open Parking Spaces
Operating Expense
PossessionAt closing
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4921
Tax Assessed Value129400
Tax Lot29
Tax Year2024
Total Rooms11
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Year Built9999

Exterior for 553 S Orange Ave

Exterior DescriptionVinyl Siding
Lot Dimensions25X100
Lot Size Acres0.06
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $648,000
MLS#3979618
List Date 08/05/2025
Property Type Multi-Family
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