Listing Details

553 S Orange Ave,Newark City, NJ 07103

  • February 16, 2026

Description

EXCEPTIONAL 2-FAMILY HOME IN NEWARK! This beautifully upgraded multi-family residence is ideal for both investors and owner-occupants seeking a move-in-ready, income-generating property in a vibrant and accessible Newark neighborhood. Unit 1 spans two levels, occupying the first floor and finished basement. The main level offers two well-sized bedrooms one featuring charming bay windows and a fully renovated bathroom. The modern kitchen boasts quartz countertops, updated appliances, a spacious dining area, and direct access to the backyard. The lower level includes two additional bedroom areas, a second full bathroom, and another access point to the backyard. Unit 2 has its own entrance leading to the second floor. This unit includes a bedroom area with bay windows, plus two more generously sized bedrooms. A nicely renovated full bathroom and an updated kitchen with dining area and backyard access complete the layout. Additional highlights include elegant moldings, updated flooring, modern plumbing, and thoughtful design touches throughout. Both units feature front and rear entrances, enhancing convenience and privacy. Located just steps from public transportation and within blocks of parks, schools, shops, and restaurants. Whether you’re looking to live in one unit and rent the other, or add a high-quality property to your investment portfolio, this is an opportunity not to be missed. SCHEDULE YOUR PRIVATE TOUR TODAY!

Details

Last Updated On: February 16th, 2026 at 4:27 pm
Property ID:PT-28604618-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 599,999 $
Bedrooms:7
Year Built:9999

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 25X100
Lot Identifier: 29
Lot Identifier: 29

Home Details

Open Parking: 0
Basement: Yes
Renovated: 2022
Basmnt/Desc: Yes - Finished, Full, Walkout
Acreage: 0.06
Total Baths: 3.00
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 11
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Flat
Possesion: At closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector
Unit 1 Levels: 2
Unit 1 Rooms: 6
Unit 1 Beds: 4
Unit 1 Baths: 2.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Unit 1 Handicap: No
Unit 1 Rent: 2450
Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector
Unit 2 Levels: 1
Unit 2 Rooms: 5
Unit 2 Beds: 3
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Unit 2 Handicap: No
Unit 2 Room Description: Bedrooms, Kitchen, Living/Dining Room
Block Identifier: 1789
County Number: 16
Town Number: 1614
YB/Desc: 9999 - Renovated
Easement: Unknown
Parking/Driveway Description: On-Street Parking
Block Identifier: 1789
County Number: 16
Town Number: 1614
Possession: At closing

Utilities

Heat Source: Gas-Natural
Heat System: 2 Units
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-01789-0000-00029-0000-
Tax Amount: $4,921.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2025
Land Assessment: $44,400.00
Building Assessment: $85,000.00
Total Assessment: $129,400.00
FHA Age Restricted: No

Statistics

Schedule a Tour

Similar Listings

165 Brookside Ave,Irvington Twp., NJ 07111-3304

680,000 $

Brookside Ave, Irvington Twp., Essex

Beds 7

297 E Kinney St,Newark City, NJ 07105-5947

999,900 $

E Kinney St, Newark City, Essex

Beds 6

80 Lindsley Ave,West Orange Twp., NJ 07052-4822

549,000 $

Lindsley Ave, West Orange Twp., Essex

Beds 3

212 3Rd St,Newark City, NJ 07107-2211

629,000 $

3Rd St, Newark City, Essex

Beds 7

11 N 5Th St,Paterson City, NJ 07522-2053

680,000 $

N 5Th St, Paterson City, Passaic

Beds 6

170 Spring St,Passaic City, NJ 07055-4451

3,000 $

Spring St, Passaic City, Passaic

Beds 3

Write a Review

599,999 $

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik
Compare Properties
Add properties to compare.