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260 Park Ave, Orange, NJ 07050
$625,000
260 Park Ave, Orange, NJ 07050View this property at 260 Park Ave, Orange, NJ 07050
260 Park AveOrangeNJ07050
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Property Description
**Investors Dream in Orange, NJ - Multi Family Building with Incredible Potential!** Welcome to this fantastic investment opportunity in the heart of Orange, NJ. This Three unit building With Basement, offers immense potential for the savvy investor, or some one who is looking to start building a portfolio, With 2 units vacant and gorgeously renovated this property presents a prime opportunity to maximize returns and turn it into a cash cow. Schedule a showing today to witness the profitability this multi family building has to offer!
Full Property Details
Full Property Details for 260 Park Ave
General
- Price: $625,000
- Taxes: $13,354 (2022)
- Status: Active
- Type: Multi-Family
- MLS ID: 3890389
- Updated: 3/14/2024
- Added to Site: 49 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Location
- County: Essex
- Driving Directions: Off South Center St
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 3 Units, Floor/Wall Heater
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street, Cable TV, Cable TV Available
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1982
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Attic, Bedrooms, Kitchen, Living/Dining Room, Master Bedroom
- Square Feet: 9999
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Unit Description: Kitchen, Living/Dining Room, Master Bedroom, Pantry, Storage
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.12
- Lot Dimensions: 5046 SF
- Driveway/Sidewalk: Dirt, Gravel
- Lot Description: Corner
Financial Considerations
- Assessment Amount: $282,000
- Land Assmt: $103,300
- Tax Amount: $13,354
- Tax Year: 2022
Disclosures and Reports
- Block: 1601
- Lot Number: 8
Listed by Nationwide Homes Realty Llc
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Schools
Schools serving 260 Park Ave
School District:Orange Board Of Education
Rating | Name | Grades | Distance |
---|---|---|---|
Orange Early Childhood School
397 Park Ave, Orange, NJ 07050 | PK-PK | 0.3 mi | |
135 Glenwood Ave, East Orange, NJ 07017 | PK-5 | 0.4 mi | |
Fresh Start Academy Middle School
135 Glenwood Ave, East Orange, NJ 07017 | PK-5 | 0.5 mi | |
116 Hamilton St, East Orange, NJ 07017 | 7-7 | 0.9 mi | |
116 Hamilton St, East Orange, NJ 07017 | 7-7 | 1 mi | |
75 William St, West Orange, NJ 07052 | 6-6 | 1.1 mi | |
Career and Innovation Academy Of Orange
123 Cleveland St, Orange, NJ 07050 | 9-12 | 0.2 mi | |
Edmonson Alternative School
74 Halsted St, East Orange, NJ 07018 | 9-12 | 0.9 mi | |
400 Lincoln Ave, Orange, NJ 07050 | 10-12 | 1 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 260 Park Ave
Date
Details
Price
Change
Source
3/12/2024
Listed
$625,000
38.89%
MLS
2/08/2022
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 260 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$13,354
5%
$385,300
—
2021
$12,716
—
$385,300
75%
2021
$12,716
9%
$220,000
—
2019
$11,693
2%
$220,000
—
2018
$11,506
7%
$220,000
—
2017
$10,714
2%
$220,000
—
2016
$10,512
3%
$220,000
—
2015
$10,237
-1%
$220,000
—
2013
$10,378
—
$220,000
—
Disclaimer: Historical tax 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 260 Park Ave
260 Park Ave, Orange, NJ 07050 (MLS# 3890389) is a Multi-Family property with 3 units containing 8 bedrooms and 4 full bathrooms. 260 Park Ave is currently listed for $625,000 and was received on March 12, 2024. Want to learn more about 260 Park Ave? Do you have questions about finding other Multi-Family real estate for sale in Orange? You can browse all Orange real estate or contact a Coldwell Banker agent to request more information.