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545 Chestnut St

City Of Orange Twp., NJ 07050
  • $475,000
  • STATUS: Active Under Contract
  • ON SITE: 146 Days
  • MLS #: 3795566
Under Contract
UPDATED: 30 min ago
$475,000
  • 5
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

Great Investment property in strategic location walking distance from NY City trains. This 2 Family unit is well maintained having 5 bedrooms and 2 baths in total as follows: Unit 1 (2 bedrooms / 1 bath) and Unit 2 (3 bedrooms/1 bath). Property was totally renovated in 2017 with both units having impeccable hardwood floors, kitchens updated with granite counter tops, bathrooms total makeover. It should be noted that for unit 2 the 3rd bedroom room is located in huge attic space which could easily be separated making it 4 bedrooms. Roof is under 5 years and all utilities are separate and well maintained. Current rents are (Units 1 = $1250 and unit 2 = $1650 and taxes 11,560). Future / Markets rents are (Unit 1 - $1600 and Unit 2 = $1850). Property comes with huge parking for trucks/ vans and cars. Potentially space is available for at least 7 cars in total

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Blanchard Team | Berkshire Hathaway HomeServices NJ Properties. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Blanchard Team | Berkshire Hathaway HomeServices NJ Properties are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-12-07T21:46:30.69.
www.theblanchardteam.com/homes/130829541
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545 Chestnut St City Of Orange Twp., NJ 07050

  • Price: $475,000
  • Status: Active Under Contract
  • On Site: 146 Days
  • Updated: 30 min ago
  • MLS #: 3795566
5
Beds
2
Baths
0
½ Baths
0.12
Acres
1924
Built
County:
Essex
Area:
City Of Orange Twp.
Property Description
Great Investment property in strategic location walking distance from NY City trains. This 2 Family unit is well maintained having 5 bedrooms and 2 baths in total as follows: Unit 1 (2 bedrooms / 1 bath) and Unit 2 (3 bedrooms/1 bath). Property was totally renovated in 2017 with both units having impeccable hardwood floors, kitchens updated with granite counter tops, bathrooms total makeover. It should be noted that for unit 2 the 3rd bedroom room is located in huge attic space which could easily be separated making it 4 bedrooms. Roof is under 5 years and all utilities are separate and well maintained. Current rents are (Units 1 = $1250 and unit 2 = $1650 and taxes 11,560). Future / Markets rents are (Unit 1 - $1600 and Unit 2 = $1850). Property comes with huge parking for trucks/ vans and cars. Potentially space is available for at least 7 cars in total
Exterior Features

Approximate Lot Size 5016 SF Exterior Description Aluminum Siding Number Of Parking Spaces 6 Parking Driveway Description 2 Car Width Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Window A/C(S) Heating 2 Units Total Number Of Rooms 11 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenLiving RoomMaster Bedroom Unit1 Rooms 5 Unit1 Security Deposit 1250 Unit1 Sq Ft 1 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description AtticBedroomsDining RoomEat-In KitchenLiving RoomMaster Bedroom Unit2 Rooms 6 Unit2 Sq Ft 1

Property Features

Assessment Total 357800 Building Assessment 237600 Easement No Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 1 Land Assessment 120200 Net Operating Income 1 Services Cable Tv Available Sewer Public Sewer Tax Amount 12055 Tax Rate Amount 5.780 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 1 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1250 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1650 Unit2 Security Deposit 1650 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Coldwell Banker Realty: 973-378-8300.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Blanchard Team | Berkshire Hathaway HomeServices NJ Properties. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Blanchard Team | Berkshire Hathaway HomeServices NJ Properties are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-12-07T21:46:30.69.
 
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