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$699,000
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Newark Area Multi-Family Home

Active

992 S Orange Avenue Newark, NJ 07106

Bed
0 Baths
sqft
MLS# 25022118
Three-story mixed-use offering 3 units comprised of two 3-Bed apartments anchored by one neighborhood retail storefront. Located on upper levels, each elongated-shaped apartment with wood flooring and storm windows features dedicated living room space, eat-in kitchen, one centralized full bath and front/middle bedrooms respectively. The commercial leasehold w/ 9 ft ceiling height currently operating under restaurant use contains an in-place ventilation system affording hot kitchen use and sole access to stand-up unfinished basement as well as fenced-in courtyard w/ gated exterior side egress ideal for loading purposes. Utility infrastructure offers separately metered electric & heat/hot water fueled by gas for all units while the commercial tenant assumes full responsibility of cold water/public sewer expense for the entire building. Convenient Upper Vailsburg geography offers immediate access to NJ Transit public bus transportation/local shopping and high walkability to South Orange-based Seton Hall University. New ownership positioned to benefit from return-on-investment upside thru vacant apartment lease-up at market rate plus 3.0% annual rent escalations from commercial tenant and rent improvement in one unit currently -28% below the immediate area’s median market rent of $2,350 for 3-Bed unit type. Investment opportunity ideal for owner/user thru vacant apartment occupancy or small Core Plus investors open to minor property enhancements and minimal management responsib
Listing Courtesy of NJMLS / Coldwell Banker Realty / Paul "Paul E" Washington
$669,000
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Lebanon Boro Area Single Family Home

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59 Brunswick Ave Lebanon Boro, NJ 08833

3 Bed
2 Baths
sqft
MLS# 3971658
ABSOLUTELY STUNNING HOME NESTLED IN THE HEART OF LEBANON BORO! THIS BEAUTIFULLY UPDATED CHARMER BLENDS MODERN AMENITIES WITH CLASSIC CHARACTER. FROM THE MOMENT YOU ARRIVE, YOU'LL BE CAPTIVATED BY THE CURB APPEAL AND INVITING FRONT PORCH. STEP OUT BACK TO YOUR OWN PRIVATE OASIS THAT FEATURES A COVERED AND OPEN DECK COMBINED WITH A GORGEOUS IN-GROUND FIBERGLASS POOL, PERFECT FOR OUTDOOR ENTERTAINING ALL SEASON LONG! INSIDE, ENJOY A SUN-FILLED EAT-IN KITCHEN WITH A BREAKFAST BAR & STAINLESS STEEL APPLIANCES, FORMAL DINING ROOM, FORMAL LIVING ROOM, AND A COZY FAMILY ROOM. CHARMING BEAMED CEILINGS AND SKYLIGHTS ADD CHARACTER AND WARMTH THROUGHOUT. UPSTAIRS BOASTS THREE GENEROUSLY SIZED, SUNNY BEDROOMS THAT OFFER PLENTY OF SPACE TO RELAX. A SPACIOUS 2-CAR GARAGE FEATURES ELECTRIC AND HEAT ON A SEPARATE METER IDEAL FOR HOBBYISTS, A WORKSHOP, OR EXTRA STORAGE. THIS IS A TRULY SPECIAL HOME THAT CHECKS ALL THE BOXES LOCATION, COMFORT, AND STYLE! DON'T MISS YOUR CHANCE TO MAKE THIS ONE YOURS! LOCATED IN A HIGHLY DESIRABLE BLUE RIBBON SCHOOL DISTRICT! THIS PRIME LOCATION OFFERS EASY ACCESS TO ROUTES 22, 31, AND 78 MAKING COMMUTING A BREEZE! ENJOY THE BEST OF BOTH WORLDS WITH SCENIC FARMS AND ENDLESS OUTDOOR ACTIVITIES JUST MINUTES AWAY, WHILE STILL BEING CLOSE TO CONVENIENT SHOPPING, QUAINT BOUTIQUES, AND A VARIETY OF TOP-NOTCH RESTAURANTS! THIS IS THE PERFECT PLACE TO CALL HOME FOR THOSE SEEKING BOTH TRANQUILITY AND CONVENIENCE!
Listing Courtesy of GARDEN STATE MLS - IDX / Coldwell Banker Realty / Freeman "Jeff" Smith