329 Academy St South Orange, NJ $ 949,000
329 Academy St
$ 949,000
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329 Academy St

South Orange, NJ, 07079
$ 949,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 5,843

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Multi-Family Home for sale in South Orange, NJ

for $949,000 with 8 bedrooms and 4 full baths. This home was built in 1914 on a lot size of 0.23.

A rare opportunity to own a substantial, income-producing two-family in the heart of South Orange's Academy Heights neighborhood - offering scale, flexibility and strong investment potential. Configured as two expansive duplex units, 329 Academy spans over 4 levels, with 8+ bedrooms and 4 full baths. Each unit lives more like a single-family home, with generous room sizes, natural light, and layouts that support both comfortable living and strong rental appeal. For investors, the numbers are compelling: Unit B is secured at $3,560 for the 2026-2027 lease term, while Unit A offers flexibility - positioned to renew at similar rents or be delivered vacant, creating an ideal owner-occupant opportunity with built-in income. Outside, a detached two-car garage is complemented by rare off-street parking for up to 6 additional vehicles. An oversized covered patio opens to a deep backyard, extending usable outdoor space. Located just moments from Seton Hall University, Memorial Park and South Orange Village with its shops, dining and Midtown Direct to NYC, 329 Academy has it all. Welcome home.

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Multi-Family Active

Price

$ 949,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 19,359

Style

2-Two Story

Lot Size

0.23

Year Built

1914

Town/City

South Orange

County/Region

Essex

MLS | Web ID

4022565

Features
Interior
Interior Amenities Blinds Carbon Monoxide Detector Smoke Detector Wood Floors
Basement Finished Full Walkout
Unit 1 Baths Total 2.0
Unit 1 Beds Total 4
Unit 2 Baths Total 2.0
Unit 2 Beds Total 4
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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General
Sewer Public Sewer
Heating 2 Units Radiators - Steam
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession SEE REMARKS
Roof Asphalt Shingle
Garage Spaces 2
Architectural Style 2-Two Story
Year Built 1914
Garage Detached Garage
Township South Orange Village Twp.
Tax Year 2025
Gross Income 84720
County Essex
Net Operating Income 57161
Operating Expense 27559
Subdivision Name Academy Heights
Total Rooms 18
Full Baths 4
Status Active
Directions Valley to 5th to Academy
High School COLUMBIA
Open Parking Spaces 5
Number Of Units Total 2
Tax Annual Amount 19359
Drive Blacktop Off-Street Parking
Standard Status Active
Tax Assessed Value 749200
Town # 1619
Tax Lot 15
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Exterior
Exterior Amenities Pergola Storage
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions .228 AC
Lot Size Acres 0.23
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* Excluded Features
List By
KATHERINE ELLIOTT

Listing Agent

Coldwell Banker Realty

Broker

Kate.Elliott@cbmoves.com

Email

Affordability Calculator

$7,456
Per Month
78%
22%
0%
Monthly Principal & Interest
$5,843
Monthly Property Taxes
$1,613
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
290377 Elementary School
291133 Middle School
Columbia High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$949,000 Listed Price

Map


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329 Academy St, South Orange, NJ, 07079 is a Multi-Family Home for sale at $949,000 with a lot size of 0.23. 329 Academy St has 8 bedrooms, 4.0 baths, and was built in 1914. The property's zip code is 07079 which is in South Orange, NJ