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Multi Family 70 Orchard Street Newark New Jersey


$995,000


70 Orchard Street, Newark, NJ 07102

Description

Location, Location, Location! This exceptional property is within walking distance to Penn Station and the vibrant downtown area, offering convenient access to top amenities like the Prudential Center, Whole Foods, and much more. In 2024, this home generated an impressive $124,850 in AirBNB gross income. Home will be delivered vacant are ready for you to move into. Although built in 2002, the current owner has tastefully updated the entire home, blending modern finishes with timeless charm. The ground floor is fully finished and includes a private room, open concept living area and full bath perfect for guests or additional income potential. The first floor unit boasts 3 bedrooms, 2 full baths, a spacious living and dining room and kitchen. The second floor unit also features 3 bedrooms, 2 baths, a large living and dining room, kitchen and office/walk-in storage unit. There is a garage and additional parking in the backyard. A truly unique property in a prime location!

  • Square Feet

    2178

  • Bedrooms

    6

  • Year Built

    2002

  • Bathrooms

    5

Location

70 Orchard Street Newark NJ 07102

Recent Sales Nearby Schools

    Data is derived from many original sources including but not limited to public records, the census bureau, and local municipalities/school districts. Data is deemed accurate but not warranted.
      Data is derived from many original sources including but not limited to public records, the census bureau, and local municipalities/school districts. Data is deemed accurate but not warranted.
      The percent of households
      occupied byRenters
      The percent of households
      occupied byOwners

      Additional Information

      • Generally, a low concentration of renters and a higher percentage of owners is best for rising values.
      • Total dwellings in this area: 0
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      Additional Information

      • Workers who commute by carpool: 0
      • Workers who commute as solo drivers: 0
      • Workers who bicycle to work: 0
      • Workers with a commute time of over an hour: 0
      household income
      The median annual household income in this area is 0

      Additional Information

      • Average individual income of people in the area: 0
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      Know Your Agent

      Real estate is more than selling or buying houses. Trust Christine Austin to help you find just the right community and a perfect place to call home.

      Christine Austin

      Christine Austin

      Realtor | 1859631
      The status of this listed property is subject to change at any time. This includes but is not limited to prior and/or active offers, pending status, price changes, withdrawal from the market and/or expiration of the listing. The information provided here is compiled from several sources and is believed accurate but not warranted. For status or to inquire further, please use the contact form provided or contact us using the information listed above.

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      Know your Mortgage Pro

      Kimberly Bartlett

      Kimberly Bartlett

      Loan Officer | 2132277

      All borrowers may apply, not all may qualify.? This document is provided by Absolute Home Mortgage Corporation.? All rights reserved.? This advertisement was not issued, reviewed, or approved by HUD, FHA, VA, or any other government agency.? Absolute Home Mortgage Corporation is not acting on behalf or at the direction of FHA/HUD or the federal government. This is not a commitment to lend. ?Rates, prices, guidelines, and minimum requirements are subject to change at any time. ?Some products may not be available in all states.? Subject to review of credit and/or collateral.? Terms may apply. Absolute Home Mortgage Corporation is an Equal Housing Lender. Absolute Home Mortgage Corporation, D/B/A ABSOLUTE, Crown Home Mortgage, Fidelity Direct, Fidelity Direct Mortgage. NMLS ID# 176743 (www.nmlsconsumeraccess.org); Please visit https://ahmcloans.com/state-licensing/ for full state licensing information. 165 Passaic Avenue, Suite 411, Fairfield NJ 07004. Phone number 855-888-2462. Licensed by the New Jersey Department of Banking and Insurance - Residential Mortgage Lender License # 9826392

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