229 N Center Street
Orange, NJ 07050
- 5 beds
- 4 baths
- – on site
Fully renovated two-family home in Orange, NJ, offers a prime investment or owner-occupied opportunity with rental income potential. The property features 5 bedrooms, 3 bathrooms, a finished basement with a full bathroom, and a spacious garden ideal for entertaining and off-street parking. The first-floor vacant unit includes 2 beds, a modern kitchen with stainless steel appliances, granite worktops, wooden floors, an alarm system, and an open layout. The second-floor unit, currently tenant-occupied, has 3 bedrooms and is rented for $2,350, offering immediate rental income. Both units have central air and forced heat. Shared washer/dryer hookups are located in the basement along with storage space. Conveniently located near shopping, parks, schools, and public transportation with easy access to NYC. The seller may consider concessions for strong offers over the list price to assist with closing costs. Seller financing may be considered for offers exceeding $700K with a minimum 25% down payment, no exceptions, and a maximum 24-month term. Potential rental income ranges from $5,900 to $7,000 per month, making it a compelling investment for cash flow. Buyers should be pre-qualified for $19,700 in annual property taxes. The previous buyer was unable to close due to a change in financial circumstances and was under contract for $680K, presenting a renewed opportunity for serious buyers to secure a turnkey investment. Don't miss out on this chance.
Last checked:
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Last updated May 18, 2025
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MLS# 25016738 —
The Building
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Sub Style:Sde/Sde
Interior
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Laundry:Basement
Taxes
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Taxes:19700
Beds
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Bedrooms:5
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Flood Plain:None
Utilities
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Utilities:Sep Elec, Sep Gas, Sep Heat, Sep Water
Parking
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# of Non-Garage Spaces:4
Listing Agent
- Contact info:
- Office phone:
- (866) 201-6210
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/18/25
May 18, 2025
|
Listed / Active | NJMLS | $639,500 | 299.7% (89.9% / YR) |
|
1/16/22
Jan 16, 2022
|
NJMLS | $160,000 | -5.9% | |
|
1/14/22
Jan 14, 2022
|
GSMLS | $170,000 | 6.3% |
