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553 S Orange Ave, Newark, NJ, 07103

7beds
3baths
0sqft
$599,999
--price/sqft
$4,699/moest. monthly cost
$187,960/yrincome needed

About This Home

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!

Getting Around

64
WalkingSomewhat Walkable
58
TransitGood Transit
47
BikeSomewhat Bikeable

Schools

4/10
Speedway AcademiesGrades PK-80.3 mi
1/10
West Side High SchoolGrades 9-120.4 mi
1/10
Central High SchoolGrades 9-121.3 mi

Construction

Materials

  • Roof: Flat
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2022

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedrooms,Kitchen,Living/Dining Room

Heating & Cooling

  • Heating features: 2 Units,Natural Gas
  • Cooling features: See Remarks

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1614017890000000290000
  • Exclusions: Tenants appliances and belongings.

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 100

Parking

  • Parking features: On Street