Address
70 Orchard St Newark City, NJ
Price
$ 749,900
Property Attributes
  • MLS#3634682
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • NeighborhoodDowntown Walk Penn Station
  • Zip07102
  • Style3-Three Story
  • Year Built2002
  • Taxes8992
  • Price$ 749,900
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms0
Listing Provided Courtesy Of:
RE/MAX FIRST REALTY II
Property Description

Location, Location, Location. Walking distance to Penn Station and downtown amenities such as prudential center, Whole Foods and more. Air BNB income for 2019 was $45k & $42k totaling $87k for both units. Although built in 2002 this home was tastefully updated by current owner. This 2 family has a strong documented rental income through air bnb that provides income well above market rents. The ground floor is finished with a private room used as a bedroom, open concept, kitchenette and full bath. The first floor unit is 3 bedrooms, 2 full baths, living & dining room, kitchen and small office. Second floor unit has 3 bedrooms, 2 baths, living & dining room and kitchen. Garage and additional parking in the backyard. Rare find for this location. 

Price History
5/22/2020 Listed $799,900
6/1/2020 7% - $749,900

General Features

Architectural Style 3-Three Story
Open Parking Spaces 9
Tax Annual Amount 8992
Total Units 2
Township Newark City

Interior Features

Cooling 2 Units, Central Air
Fuel Type Gas-Natural
Heating 2 Units, Forced Hot Air
Interior Features Wood Floors
Unit 1 Appl/equip Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Dining Room, Eat-In Kitchen, Living/Dining Room, Storage
Unit 1 Rooms 7
Unit 2 Appl/equip Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator
Unit 2 Handicap Modified No
Unit 2 Levels 1
Unit 2 Room Description Bedrooms, Dining Room, Eat-In Kitchen, Living/Dining Room
Unit 2 Rooms 6
Unit 3 Levels 1
Unit 3 Rooms 3
Unittype1bathstotal 2.0
Unittype1bedstotal 3
Unittype1totalrent 2200
Unittype2bathstotal 2.0
Unittype2bedstotal 3
Unittype2totalrent 2200
Unittype3bathstotal 1.0
Utilities Gas In Street

Exterior Features

Exterior Description Vinyl Siding
Exterior Features Metal Fence
Garage Attached Garage
Garage Spaces 2
Lot Dimensions 2;300 SF
Lot Features Corner
Parking/driveway Description 2 Car Width, Additional Parking, Driveway-Exclusive
Roof Asphalt Shingle
Sewer Public Available
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07102

Price
AVG $760K
$750K
Taxes
AVG $9,707
$8,992
Visits
AVG 23
28
Year Built
AVG 2002
2002
Walkscore
AVG 90
90
Data Provided by Walkscore ® not using MLS data

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