160 Pierson St, City Of Orange Twp., NJ 07050
- 6 beds |
- 2 baths
Multi-Family Home
Built in 1896
2,614sqft lot
—— car garage
$——/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Oakwood Avenue Elementary School
135 Oakwood Ave, Orange, NJ, 07050
Grades PK-7
0.16 miles away
Orange Preparatory Academy
400 Central Ave, Orange, NJ, 07050
Grades 8-9
0.52 miles away
Orange High School
400 Lincoln Ave, Orange, NJ, 07050
Grades 9-12
0.58 miles away