$489,000

160 Pierson St, City Of Orange Twp., NJ 07050

  • 6 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1896
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Renovated 2-Family Home in Booming Orange, NJ " Great Investment Opportunity! This updated 2-family property is a fantastic investment in the heart of Orange, NJ a community experiencing rapid growth and revitalization. Both units were renovated in 2020, offering clean, modern living spaces with excellent long-term potential. One unit is currently tenant-occupied with a lease in place through February 2026, providing immediate rental income. Current rents are below market value, leaving room for increased returns over time. Each unit has separate utilities, and shared access to washer/dryer hookups in the basement. The property features a large, fenced-in backyard, perfect for tenants or owner-occupants looking to enjoy outdoor space. Located just minutes from Route 280 and NJ Transit trains, commuting to NYC is a breeze. Orange is a commuter-friendly town with a vibrant arts district, historic architecture, and close proximity to South Orange, West Orange, and Montclair. A great opportunity to invest in an up-and-coming area with strong rental demand!

Listing Status:
Active
Listing Office:
HEARTH REALTY GROUP : 973-913-5055
MLS ID:
3978087
  • General: Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorTile FloorsVinyl-Linoleum FloorsWood Floors
  • Basement: Unfinished
  • A/C: Window A/C(s)
  • Heating: Baseboard - HotwaterGas-Natural

This listing courtesy of HEARTH REALTY GROUP

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Oakwood Avenue Elementary School

135 Oakwood Ave, Orange, NJ, 07050

Grades PK-7

0.16 miles away

O

Orange Preparatory Academy

400 Central Ave, Orange, NJ, 07050

Grades 8-9

0.52 miles away

O

Orange High School

400 Lincoln Ave, Orange, NJ, 07050

Grades 9-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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