Listing Details

271 Mount Vernon Ave,City Of Orange Twp., NJ 07050-1724

  • December 9, 2025

Description

Excellent investment opportunity! This 3-family property offers immediate income, strong value-add potential, and full flexibility for both investors and future owner-occupants.The building features:Unit 1: 2 bedrooms, 1 bathroomUnit 2: 2 bedrooms, 1 bathroomUnit 3: 1 bedroom, 1 bathroom currently occupied and generating incomeAll utilities are fully separated, making management simple and cost-efficient. Property is being sold strictly as-is, giving buyers the opportunity to renovate, customize, or reposition the building to fit their strategy.This property also works perfectly for a house hack: move into one of the two vacant 2-bed units and let the other two units help cover the mortgage. Whether you’re an investor seeking cash flow or a buyer looking to offset housing costs, this 3-family offers outstanding upside and long-term value.A rare chance to own a multi-family with built-in income and multiple exit strategies.

Details

Last Updated On: December 9th, 2025 at 1:26 am
Property ID:PT-19220674-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 510,000 $
Bedrooms:5
Year Built:1889

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 5000 SF
Lot Identifier: 9
Lot Identifier: 9

Home Details

Open Parking: 6
Basement: Yes
Basmnt/Desc: Yes - Finished-Partially
Acreage: 0.11
Total Baths: 3.00
Unit Style: Triplex
Number of Units: 3
Rooms: 17
Easement/Desc: No
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: closing
Unit 1 Appliances/Equipment: Range/Oven - Gas, Refrigerator
Unit 1 Levels: 1
Unit 1 Rooms: 7
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 SqFt: 1200
Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
Unit 2 Levels: 1
Unit 2 Rooms: 7
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 SqFt: 1200
Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
Unit 3 Appliances/Equipment: Range/Oven - Gas, Refrigerator
Unit 3 Levels: 1
Unit 3 Rooms: 6
Unit 3 Beds: 1
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 3 Handicap: No
Unit 3 SqFt: 900
Unit 3 Rent: 1100
Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
Garage Description: Detached Garage
Number of Garage Spaces: 1
Block Identifier: 1202
County Number: 16
Town Number: 1617
YB/Desc: 1889 - Approximate
Easement: No
Parking/Driveway Description: 2 Car Width
Block Identifier: 1202
County Number: 16
Town Number: 1617
Possession: closing

Utilities

Heat Source: Gas-Natural
Heat System: Baseboard - Hotwater
Cool System: None
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Schools

Grade School: CLEVELAND
Middle School: ORANGE
High School: ORANGE

Taxes, Fees & Assessments

Tax ID For Property: 1617-01202-0000-00009-0000-
Tax Amount: $13,630.00
Tax Year: 2024
Tax Rate: 3.910%
Tax Rate Year: 2025
Land Assessment: $95,000.00
Building Assessment: $253,600.00
Total Assessment: $348,600.00
FHA Age Restricted: No

Features

  • Deck

Statistics

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