173 Academy St South Orange, NJ $ 815,000
173 Academy St
$ 815,000
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173 Academy St

South Orange, NJ, 07079
$ 815,000
Bedrooms7 Baths3.1 Sq 2,241

Monthly Estimate*

$ 4,881

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Multi-Family Home for sale in South Orange, NJ

for $815,000 with 7 bedrooms and 3 full baths, 1 half bath. This 2,241 square foot home was built in 1884 on a lot size of 0.19.

VINTAGE 2 FAMILY VICTORIAN WITH A BEAUTIFUL FRONT PORCH LOCATED IN THE HEART OF BEAUTIFUL SOUTH ORANGE. WALKING DISTANCE FROM THE HIGH SCHOOL, COLLEGE AND TRAIN STATION. THIS SPACIOUS 2 FAMILY OFFERS 4 FINISHED LEVELS OF LIVING SPACE THAT CONSIST OF: UNIT 1 IS GROUND LEVEL AND COULD BE A MOTHER/DAUGHTER 3 BEDROOM WITH FULL WALK OUT FINISHED BASEMENT. THIS UNIT FEATURES HIGH CEILINGS, A LARGE LIVING ROOM, KITCHEN, DINING ROOM, (CAN BE A BEDROOM), TWO NICE SIZE BEDROOMS AND A FULL BATHROOM ON THE GROUND FLOOR AND A WALK OUT FINISHED BASEMENT THAT FEATURES A FAMILY ROOM, BEDROOM, OFFICE, SUMMER KITCHEN AND A FULL BATHROOM. SPACIOUS STORAGE/LAUNDRY ROOM THAT ACCESSES THE REAR YARD. UNIT 2 IS ON THE SECOND AND THIRD LEVEL AND FEATURES AN OPEN CONCEPT FLOOR PLAN WITH A LARGE LIVING ROOM, EAT IN KITCHEN WITH NEW APPLIANCES AND SPACIOUS 3 BEDROOMS, 1 FULL AND 1 HALF BATHROOMS, THE 3RD FLOOR FEATURES 2 BEDROOMS FOR ADDED PRIVACY. SPACIOUS PRIVATE REAR YARD AND DETACHED 2 CAR GARAGE WITH LARGE DRIVEWAY FOR OFF STREET PARKING. ALL UTILITIES ARE SEPARATE, OWNER PAYS SEWER AND WATER. LIVE IN ONE AND COLLECT RENT FROM THE OTHER OR A GREAT INVESTMENT OPPORTUNITY WITH A GREAT LOCATION. RECENT UPDATES TO INCLUDE A BRAND NEW ROOF ON BOTH THE HOUSE AND DETACHED GARAGE, A GORGEOUS NEW RETAINING WALL AND REAR PATIO AND NEW DECKING ON UPER DECK. THE 2ND FLOOR UNIT IS VACANT READY FOR OCCUPANCY !

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Multi-Family Pending

Price

$ 815,000

Bedrooms

7

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 15,664

Style

3-Three Story

Lot Size

0.19

Year Built

1884

Town/City

South Orange

County/Region

Essex

MLS | Web ID

3924048

Features
General
Interior Features Carbon Monoxide Detector Fire Extinguisher Skylight Smoke Detector Tile Floors Vinyl-Linoleum Floors Wood Floors
Sewer Public Sewer
Heating 2 Units Baseboard - Hotwater Multi-Zone
Cooling CeilFan None
Utilities Electric Gas-Natural
Possession UPON CLOSING
Roof Asphalt Shingle
Water Heater Gas
Exterior Features Open Porch(es) Patio Sidewalk
Zoning R-B
Garage Spaces 2
Architectural Style 3-Three Story
Year Built 1884
Garage Detached Garage
Township South Orange Village Twp.
Tax Year 2023
Gross Income 67020
County Essex
Net Operating Income 48810
Operating Expense 18210
Total Rooms 14
Full Baths 3
Status Under Contract
Directions 173 ACADEMY ST SOUTH ORANGE
Open Parking Spaces 4
NumberOfUnitsTotal 2
Tax Annual Amount 15664
Home Warranty Y/N No
Drive 1 Car Width Blacktop
Standard Status Under Contract
Tax Assessed Value 759100
Town # 1619
Tax Lot 22
Farm Assessment No
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Interior
Basement Finished Full Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 1
Total Bedrooms 7
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Exterior
Lot Features Open Lot
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 2241
Lot Dimensions .186 AC
Lot Size Acres 0.19
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* Excluded Features
List By
JOSEPH MORREALE

Listing Agent

Re/Max Select

Broker

projoe01@me.com

Email

Affordability Calculator

$6,186
Per Month
79%
21%
0%
Monthly Principal & Interest
$4,881
Monthly Property Taxes
$1,305
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/14/2024$815,000 Listed Price

Map


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173 Academy St, South Orange, NJ, 07079 is a Multi-Family Home for sale at $815,000 with 2,241 sqft and a lot size of 0.19. 173 Academy St has 7 bedrooms, 3.1 baths, and was built in 1884. The property's zip code is 07079 which is in South Orange, NJ