For Multi Family

527 Valley St,City Of Orange Twp., NJ 07050-1243

February 20, 2026

Spacious two-family home offering excellent opportunity for owner-occupants or investors! First unit features 3 bedrooms, 1 full bath, and a versatile den area, and will be delivered vacant at closing. Second unit offers 5 bedrooms with additional attached attic space, currently tenant occupied providing immediate rental income. Ideal setup to live in one unit while collecting rent from the other. Conveniently located near major highways, public transportation, shopping, and schools.

Property ID:PT-29030172-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 520,000 $

Bedrooms:8

Year Built:1881

Listing Details

Status: Active

Location

County: Essex

Lotsize: 2915 SF

Lot Identifier: 8

Home Details

Open Parking: 2

Basement: Yes

Basmnt/Desc: Yes - Finished-Partially

Acreage: 0.07

Total Baths: 2.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 8

Easement/Desc: Unknown

Exterior Description: Brick, Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: Negotiable

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector, Stackable Washer/Dryer

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water

Unit 1 Handicap: No

Unit 1 Room Description: Bedrooms, Den, Pantry

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 8

Unit 2 Beds: 5

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water

Unit 2 Handicap: No

Unit 2 Rent: 2500

Unit 2 Room Description: Attic, Bedrooms, Kitchen, Living Room

Garage Description: On-Street Parking

Block Identifier: 6008

County Number: 16

Town Number: 1617

YB/Desc: 1881 - Approximate

Easement: Unknown

Parking/Driveway Description: Driveway-Shared

Block Identifier: 6008

County Number: 16

Town Number: 1617

Possession: Negotiable

Taxes, Fees & Assessments

Gross Operating Income: 51300

Net Operating Income: 54000

Expense Include: Utilities

Tax ID For Property: 1617-06008-0000-00008-0000-

Tax Amount: $12,109.00

Tax Year: 2024

Tax Rate: 3.910%

Tax Rate Year: 2025

Land Assessment: $77,700.00

Building Assessment: $232,000.00

Total Assessment: $309,700.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: 2 Units, Radiators - Hot Water

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas In Street, Gas-Natural

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Listing Details

527 Valley St,City Of Orange Twp., NJ 07050-1243

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