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South Orange Village Twp.,NJ 07079
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3949353
Style Victorian
Bedrooms 11
Full Baths 3
HOA Y/N No
Year Built 1873
Annual Tax Amount $19,562
Tax Year 2024
Lot Size 6,969 Sqft
Property Sub-Type Single Family
Property Description
Prime Income Property in the Heart of South Orange - Steps from Seton Hall! Discover an exceptional investment opportunity with this stunning Victorian home in the heart of South Orange. Boasting 11 bedrooms and 3 full baths and in house laundry, this expansive property offers a unique blend of historic charm and modern convenience, perfect for generating significant passive income.The home features a wrap-around front porch, ideal for relaxation, and ample yard space, adding to its appeal. Inside, spacious rooms provide comfortable living arrangements, making it a sought-after rental property. Recent capital improvements ensure long-term value and minimal maintenance concerns for the next owner. With its most recent lease at $9,500/month, this property presents strong, consistent rental income. Its prime location just blocks from Seton Hall University ensures steady demand from students and faculty alike. Additionally, the home is conveniently situated near shops, restaurants, NYC transportation, and all that South Orange has to offer. Whether you're an investor looking for a high-yield asset or someone seeking a turn-key rental property in a thriving community, this Victorian gem is not to be missed.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Kitchen Eat-In Kitchen, Pantry
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector
Heating Gas-Natural
Cooling Window A/C(s)
Flooring Laminate, Wood
Fireplaces Number 4
Fireplaces Type Non-Functional
Heat Source Gas-Natural
Exterior
Exterior Feature Wood
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style Victorian
Schools
High Schools Columbia
Others
Senior Community No
Ownership Fee Simple