Date
Details
Price
Change
Source
7/28/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/26
$1,200,000 Just Listed
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Property Description
This property is special for the savvy, skilled investor looking to build their portfolio. Rare 2-Unit gem just 2 blocks from South Orange Downtown, NYC-bound trains, local shopping, restaurants, parks, and the town pool. This fully renovated 2-unit home blends location, lifestyle, and income potential. Just move in and enjoy. Unit 1, occupied and renting at $3900 has three bedrooms, two full baths, and laundry. Unit 2 rents monthly short term airbnb for $4700 and has a similar layout showcasing 3 bedrooms, 2 full baths and laundry. Both units offer open-concept layouts, and functional kitchens with large windows flooding the interiors with natural light. There is also a ground recreational space with laundry, a full bath, ample storage, an egress window and contemporary finishes present throughout. Unit one has a central HVAC system, while unit 2 requires window a/c units. A brand-new in-ground pool, adds a luxurious touch for future summers at home. The property also includes parking for 6 cars (4 outdoor, 2 in-garage). Live in one unit, rent out the other, or maximize rental income from both. With unmatched proximity to transit and town, this is your chance to own in one of the most desirable pockets of Academy Heights in South Orange.
Full Property Details
Full Property Details for 121 3rd St
General
- Price: $1,200,000
- Taxes: $19,361 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4043518
- Updated: 7/28/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Blinds, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Pool-In Ground
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Attached Garage
Location
- County: Essex
- Driving Directions: South on 3rd St towards Valley St.
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: 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
- Roof: Asphalt Shingles
- Year Built: 1964
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Laundry Room, Living Room
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Laundry Room, Living Room
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: .144 AC
- Driveway/Sidewalk: 2 Car Width
Financial Considerations
- Assessment Amount: $487,800
- Land Assmt: $261,500
- Tax Amount: $19,361
- Tax Year: 2025
Disclosures and Reports
- Block: 2010
- Lot Number: 13
Listed by Keller Williams Village Square
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Listing agent
— 121 3rd St —
Keller Williams Village Square
917-602-0293
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Schools
Schools serving 121 3rd St
School District:South Orange-Maplewood School District
| Name | Grades | Distance |
|---|---|---|
Clinton Elementary School, Maplewood, NJ 27 Berkshire Road, Maplewood, NJ 07040 | K-5 | 0.6 mi |
Marshall Elementary School 262 Grove Road, South Orange, NJ 07079 | K-2 | 0.7 mi |
South Mountain Annex 444 West South Orange Avenue, South Orange, NJ 07079 | K-5 | 0.8 mi |
South Orange Middle School 70 North Ridgewood Road, South Orange, NJ 07079 | 6-8 | 0.4 mi |
Maplewood Middle School 7 Burnet Street, Maplewood, NJ 07040 | 6-8 | 1.4 mi |
Columbia Senior High School 17 Parker Avenue, Maplewood, NJ 07040 | 9-12 | 0.6 mi |
Delia Bolden Elementary School 518 Ridgewood Road, Maplewood, NJ 07040 | 3-5 | 1.1 mi |
Tuscan Elementary School 25 Harvard Avenue, Maplewood, NJ 07040 | K-5 | 1.4 mi |
Seth Boyden Elementary School 274 Boyden Avenue, Maplewood, NJ 07040 | K-5 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 3rd St
Tax History
Tax History for 121 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,362
23%
$749,300
—
2023
$15,803
4%
$749,300
72%
2022
$15,238
4%
$434,500
—
2021
$14,708
6%
$434,500
—
2019
$13,895
2%
$434,500
—
2018
$13,687
3%
$434,500
—
2017
$13,348
-19%
$434,500
1%
2016
$16,414
2%
$428,800
—
2015
$16,033
5%
$428,800
—
2013
$15,240
—
$428,800
—
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 121 3rd St
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121 3rd St, South Orange, NJ 07079 (MLS# 4043518) is a Multi-Family property with 2 units containing 6 bedrooms and 5 full bathrooms. 121 3rd St is currently listed for $1,200,000 and was received on July 28, 2026. Want to learn more about 121 3rd St? Do you have questions about finding other Multi-Family real estate for sale in South Orange? You can browse all South Orange real estate or contact a Coldwell Banker agent to request more information.