579 Nassau St, City Of Orange Twp., NJ 07050
579 Nassau St, City Of Orange Twp., NJ 07050
579 Nassau St, City Of Orange Twp., NJ 07050
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$500,000
Est. payment /mo
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4 Beds
2 Baths
1,431 SqFt
Under Contract

579 Nassau St City Of Orange Twp., NJ 07050

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Christopher Burns

Christopher Burns

+1(973) 534-4734

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,431 sqft

Price per Sqft $349

Subdivision Valley Arts

MLS Listing ID 4015238

Style 1-One Story, Under/Over

Bedrooms 4

Full Baths 2

Year Built 1889

Annual Tax Amount $11,832

Tax Year 2025

Lot Size 2,613 Sqft

Property Description

Turnkey two-family investment opportunity in the heart of Orange's vibrant Valley Arts District fully renovated in 2021 and already generating strong income with additional upside.Each unit offers 2 bedrooms and 1 full bathroom, thoughtfully updated to blend modern convenience with clean, functional design. Both apartments feature stylish kitchens with stainless steel appliances (including dishwashers), in-unit stackable washer/dryers, and fully renovated bathrooms. Refinished hardwood floors and reconfigured layouts enhance flow and livability throughout.Major 2021 capital improvements include updated electrical and plumbing systems, new kitchens and baths, and the addition of individual mini-split systems in each unit for efficient heating and cooling keeping operating costs predictable and appealing to tenants.Both units enjoy access to a private back yard - a desirable feature in the neighborhood. Ideally situated just moments from local favorites including Libretti's and Hat City Kitchen, and approximately two blocks from Highland Place NJ Transit station, offering convenient access to NYC and surrounding areas.Financial Highlights:Current Monthly Income: $4,125Potential Rent Increase: Unit 1 currently listed at $2,250Monthly Operating Expenses: $1,373Net Operating Income (NOI): $33,024 annuallyA clean, income-producing asset with modern systems already in place ideal for investors or owner-occupants seeking low-maintenance ownership with strong fundamentals.

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors

Heating Gas-Natural

Cooling Multi-Zone Cooling

Heat Source Gas-Natural

Exterior

Exterior Feature Wood

Parking Features None

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 1-One Story, Under/Over

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY

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Christopher Burns

Christopher Burns

Agent | License ID: 1863802

+1(973) 534-4734

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579 Nassau St