257 Mount Vernon Ave
City Of Orange Twp, NJ 07050
Price: $685,000
GSMLS: 3983151Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 7
Baths: 4 Full
Garage: No
Year Built: 1911
Acres: 0.06
Property Tax: $16,789
Description
257 Mt. Vernon Avenue Is A Three-family Residence In The City Of Orange, Nj, Offering A Strong Opportunity For Investors Or Owner-occupants Seeking Rental Income Support. The Property Includes Three Separate Dwelling Units, Each Designed With Its Own Kitchen, Bathroom, Living Area, And Bedrooms. With Three Rental Streams Available, This Property Provides Potential For Steady Cash Flow And Long-term Appreciation.the Home Is Positioned On A Residential Block With Convenient Access To Nj Transit Stations, Including Service To Newark, Hoboken, And New York City, Making It Highly Desirable For Tenants Who Commute. Major Roadways Such As I-280 And The Garden State Parkway Are Minutes Away, Further Supporting Rental Demand. Local Schools, Shopping Centers, And Community Services Are Nearby, Providing Accessibility And Appeal For Occupants.each Unit Operates As An Independent Living Space, And The Property Layout Allows For Flexibility Of Use. The Structure And Lot Size Are Consistent With Other Multi-family Residences In The Area, And Utilities Are Separately Metered Where Applicable. Outdoor Space Is Available For Tenant Use, And Municipal Services Support The Neighborhood.this Three-unit Property Offers Income-producing Potential In An Established Northern New Jersey Rental Market And Is Well-suited For Investors Seeking Multi-family Ownership With Commuter Accessibility And Strong Rental Demand.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Walkout
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
n/a
Lot Desc:
Corner
Parking
Garage Capacity:
No
Description:
n/a
Parking:
See Remarks
Spaces Available:
3
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units
Heating Fuel:
Electric, Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
City Of Orange Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$685,000
Tax Amount:
$16,789
Land Assessment:
$65,000
Build. Assessment:
$364,400
Total Assessment:
$429,400
Tax Rate:
3.91
Tax Year:
2024
Listing Information
MLS ID:
3983151
List Date:
08-25-2025
Days On Market:
1
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: GlenmontCommons.com
