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162 Tremont Ave #2, East Orange, NJ 07018
$549,500
162 Tremont Ave #2, East Orange, NJ 07018View this property at 162 Tremont Ave #2, East Orange, NJ 07018
162 Tremont Ave #2East OrangeNJ07018
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Property Description
Welcome to your newly renovated 2 unit home in the heart of East Orange. Boasting with 4 bedrooms, 2 modern bathrooms with a large finished basement and a prime location. This property presents a rare investment opportunity for those seeking both comfort and potential rental income. This home presents a great turnkey solution for the modern homeowner or investor opportunity to generate steady monthly rental income between $4800-5500 + or the possibility of owner-occupancy with rental income potential. Step into each unit to find a spacious open plan features with a seamless blend of modern aesthetics with functionality. Each kitchen is a culinary haven, equipped with stainless steel appliances, sleek cabinetry, and ample counter space. The living areas are bathed in natural light and hardwood flooring, creating an inviting atmosphere great for entertaining, providing residents with a private retreat after a busy day. Making this property ideal for diverse housing needs. Enjoy the outdoors in the large private yard, perfect for gatherings, barbecues, simply unwinding. Close to all modes of public transportation and South Orange, East Orange VA & Carewell Medical Center. Minutes away from I-280 and Garden State Pkwy and a easy commute to New York. Pls submit your best offer at your nearest convenience to avoid any disappointment. The LA has a legal interest in this property.
Full Property Details
Full Property Details for 162 Tremont Ave #2
General
- Price: $549,500
- Taxes: $8,927 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 3893180
- Updated: 4/19/2024
- Added to Site: 32 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Metal Fence
- Color: BROWN/WHIT
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: South Clinton Street to Tremont Ave.
Heating & Cooling
- Cooling Type: No Cooling, Window Air Conditioning
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1930
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: On-Street Parking
- Zoning: R2
- Lot Description: Level Lot
Financial Considerations
- Operating Expenses: $281,800
- Assessment Amount: $204,900
- Land Assmt: $76,900
- Tax Amount: $8,927
- Tax Year: 2023
Disclosures and Reports
- Exclusions: All Staging Items
- Block: 471
- Lot Number: 1.01
Listed by Exp Realty, Llc
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Schools
Schools serving 162 Tremont Ave #2
School District:East Orange School District
Rating | Name | Grades | Distance |
---|---|---|---|
500 S Clinton St, East Orange, NJ 07018 | PK-8 | 0.1 mi | |
116 Hamilton St, East Orange, NJ 07017 | 7-7 | 1.7 mi | |
116 Hamilton St Bldg C, East Orange, NJ 07017 | 8-8 | 1.7 mi | |
116 Hamilton St, East Orange, NJ 07017 | 7-7 | 1.7 mi | |
344 Prospect St, East Orange, NJ 07017 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 162 Tremont Ave #2
Date
Details
Price
Change
Source
3/28/2024
Listed
$549,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 162 Tremont Ave #2
162 Tremont Ave #2, East Orange, NJ 07018 (MLS# 3893180) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 162 Tremont Ave #2 is currently listed for $549,500 and was received on March 28, 2024. Want to learn more about 162 Tremont Ave #2? Do you have questions about finding other Multi-Family real estate for sale in East Orange? You can browse all East Orange real estate or contact a Coldwell Banker agent to request more information.