579 Nassau St, City Of Orange Twp., NJ 07050 - Photo 1

Save This Listing

Close

1/26

View All Photos

$500,000 Just Listed

For Sale
Active
Multi-Family
4 Total Beds
Updated 26 minutes ago

See This Home

Save This Listing

Close

1/26

Property Description

Turnkey two-family investment opportunity in the heart of Orange's vibrant Valley Arts District fully renovated in 2021 and already generating strong income with additional upside.Each unit offers 2 bedrooms and 1 full bathroom, thoughtfully updated to blend modern convenience with clean, functional design. Both apartments feature stylish kitchens with stainless steel appliances (including dishwashers), in-unit stackable washer/dryers, and fully renovated bathrooms. Refinished hardwood floors and reconfigured layouts enhance flow and livability throughout.Major 2021 capital improvements include updated electrical and plumbing systems, new kitchens and baths, and the addition of individual mini-split systems in each unit for efficient heating and cooling keeping operating costs predictable and appealing to tenants.Both units enjoy access to a private back yard - a desirable feature in the neighborhood. Ideally situated just moments from local favorites including Libretti's and Hat City Kitchen, and approximately two blocks from Highland Place NJ Transit station, offering convenient access to NYC and surrounding areas.Financial Highlights:Current Monthly Income: $4,125Potential Rent Increase: Unit 1 currently listed at $2,250Monthly Operating Expenses: $1,373Net Operating Income (NOI): $33,024 annuallyA clean, income-producing asset with modern systems already in place ideal for investors or owner-occupants seeking low-maintenance ownership with strong fundamentals.

Full Property Details

Full Property Details for 579 Nassau St

General

Price: $500,000
Taxes: $11,832 (2025)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 4015238
Updated: Today (3/18/2026)
Added to Site: Today

Interior

Number of Rooms: 8
Interior Features: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 4

Exterior

Exterior Features: Deck, Open Porch(es), Patio, Privacy Fence

Parking

Garage Description: None

Location

County: Essex
Subdivision: VALLEY ARTS
Driving Directions: South Valley or Scotland Road to Nassau

Heating & Cooling

Cooling Type: Multi-Zone Cooling
Heating Type: Multi-Zone
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Natural Gas

Structural Information

Architectural Style: 1-One Story, Under/Over
Exterior Const.: Wood
Basement: Yes
Basement Desc.: Unfinished
Roof: Asphalt Shingles
Year Built: 1889
Remodeled/Updated: 2021

Unit Information

Unit 1

Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living Room, Porch
Square Feet: 693
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 2

Unit 2

Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living Room, Porch
Square Feet: 738
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 2

Lot Features

Lot Size (Acres): 0.06
Lot Dimensions: 2500 SF
Driveway/Sidewalk: On-Street Parking

Financial Considerations

Expenses: Hot & Cold Water, Insurance, Taxes
Operating Expenses: $16,476
Assessment Amount: $218,600
Land Assmt: $75,000
Tax Amount: $11,832
Tax Year: 2025

Disclosures and Reports

Block: 5004
Lot Number: 29

Buyer's Brokerage Compensation: Contact Listing Agent

Not binding unless confirmed by separate agreement among applicable parties.

Quickly Find Out More

* Indicates a required field

Comment *

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Meet the listing agent

— 579 Nassau St —

Katherine "Kate" Elliott

Email Me

(973) 913-1006 direct
(646) 662-6655 mobile

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 579 Nassau St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/18/2026

Listed

$500,000

198.72%

MLS

1/29/2021

Sold

$167,380

—

Public Record

Get Price Alerts and Save Property

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 579 Nassau St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$11,480

13%

$293,600

—

2022

$10,176

28%

$293,600

—

2021

$7,930

—

$293,600

114%

2021

$7,930

11%

$137,200

—

2018

$7,176

-2%

$137,200

—

2019

$7,292

9%

$137,200

—

2017

$6,682

2%

$137,200

—

2016

$6,555

3%

$137,200

—

2015

$6,384

-8%

$137,200

—

2013

$6,969

—

$137,200

—

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 579 Nassau St

468 Valley St, Orange, NJ 07050 - Photo 1

Sold

$494,900

468 Valley St Orange, NJ 07050

Single Family
Closed

3
Beds
3
Total Baths

Listed by Real
Sold by Outside Office

549 Liberty St, Orange, NJ 07050 - Photo 1

Sold

$535,000

549 Liberty St Orange, NJ 07050

Single Family
Closed

4
Beds

Listed by Exp Realty, Llc
Sold by Keller Williams - Nj Metro Group

548 Tremont Ave, Orange, NJ 07050 - Photo 1

Sold

$440,000

548 Tremont Ave Orange, NJ 07050

Single Family
Closed
Updated 4 days ago

3
Beds

Listed by Re/Max Solutions
Sold by Global Realty Resource

137 Rollinson St, West Orange Township, NJ 07052 - Photo 1

Sold

$490,000

137 Rollinson St West Orange Township, NJ 07052

Single Family
Closed

3
Beds

Listed by Re/Max Heritage Properties
Sold by Keller Williams Realty

579 Nassau St, City Of Orange Twp., NJ 07050 (MLS# 4015238) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 579 Nassau St is currently listed for $500,000 and was received on March 18, 2026. This property is listed by Katherine "Kate" Elliott from our Maplewood Office.Want to learn more about 579 Nassau St? Do you have questions about finding other Multi-Family real estate for sale in City Of Orange Twp.? You can browse all City Of Orange Twp. real estate or contact a Coldwell Banker agent to request more information.

579 Nassau St City Of Orange Twp., NJ 07050