NJ
Essex
City Of Orange Twp.
07050
579 Nassau St
579 Nassau St, City Of Orange Twp., NJ 07050
Share Listing
Listing Type
Multi Family
Listing Status
Pending
26
$500,000

Home Details for 579 Nassau St

Price
$500,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Square feet
1431
Year built
1889
Lot size acres
0.06
County
Essex
Total rooms
8
Basement
Unfinished
Days on site
76
MLS Listing#
4015238
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.

Property Features
  • Heating Information
    • Natural Gas
    • Zoned
  • Cooling Information
    • Zoned
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • On Street
  • Basement
    • Unfinished
Listing Courtesy: COLDWELL BANKER REALTY - 973-378-8300
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided 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. Notice: The dissemination of listings displayed herein 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. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
Office
973 746 4777
Request more details
Code: