70 Orchard St

    Newark City, NJ 07102
    • $799,900
    • STATUS: Active
    • ON SITE: 6 days
    • MLS #: 3634682
    New On Site 6 Days Ago
    UPDATED: 223 min ago
    $799,900
    • 6
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    2002
    County:
    Area:

    School Ratings & Info

    Description

    Location, Location, Location. Walking distance to Penn Station and downtown amenities such as prudential center, Whole Foods and more. Although built in 2002 this home was tastefully updated by the current owner. This 2 family has a strong documented rental income through air bnb that provides income well above market rents. The ground floor is finished with a private room used as a bedroom, open concept, kitchenette and full bath. The first floor unit is 3 bedrooms, 2 full baths, living & dining room, kitchen and small office. Second floor unit has 3 bedrooms, 2 baths, living & dining room and kitchen. Garage and additional parking in the backyard. Rare find for this location.ÂÂ

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    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-05-28T22:46:25.2.
    www.srrealestategroup.com/homes/106153795

    70 Orchard St Newark City, NJ 07102

    • Price: $799,900
    • Status: Active
    • Updated: 223 min ago
    • MLS #: 3634682
    6
    Beds
    5
    Baths
    0
    ½ Baths
    N/A
    Acres
    2002
    Built
    Neighborhood:
    Downtown Walk Penn Station
    County:
    Essex
    Area:
    Newark City
    Property Description
    Location, Location, Location. Walking distance to Penn Station and downtown amenities such as prudential center, Whole Foods and more. Although built in 2002 this home was tastefully updated by the current owner. This 2 family has a strong documented rental income through air bnb that provides income well above market rents. The ground floor is finished with a private room used as a bedroom, open concept, kitchenette and full bath. The first floor unit is 3 bedrooms, 2 full baths, living & dining room, kitchen and small office. Second floor unit has 3 bedrooms, 2 baths, living & dining room and kitchen. Garage and additional parking in the backyard. Rare find for this location.ÂÂ
    Exterior Features

    Approximate Lot Size 2;300 SF Exterior Description Vinyl Siding Exterior Features Metal Fence Garage Description Attached Garage Lot Description Corner Number Of Parking Spaces 9 Parking Driveway Description 2 Car WidthAdditional ParkingDriveway-Exclusive Roof Description Asphalt Shingle

    Interior Features

    Basement No Cooling 2 UnitsCentral Air Heating 2 UnitsForced Hot Air Interior Features Wood Floors Total Number Of Rooms 16 Unit1 Appliances Equipment DishwasherMicrowave OvenRange/Oven - GasRefrigerator Unit1 Baths 2.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenLiving/Dining RoomStorage Unit1 Rooms 7 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment DishwasherMicrowave OvenRange/Oven - GasRefrigerator Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomEat-In KitchenLiving/Dining Room Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Rooms 3

    Property Features

    Assessment Total 239100 Building Assessment 202600 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 36500 Net Operating Income 0 Renovated Year 2018 Sewer Public Available Tax Amount 8992 Tax Rate Amount 3.761 Tax Rate Year 2019 Tax Year 2019 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 2200 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2200 Unit2 Security Deposit 0 Utilities Gas In Street Water Public Water Year Built Description RenovatedStanding

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of .


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-05-28T22:46:25.2.
     
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