Essex
374 Mechanic Street
1 /
23
Map
$570,000
●
Multifamily -
For Sale
374 Mechanic Street
Orange, NJ 07050
6 Beds
3 Baths
$3,787
Estimated Monthly
$0
HOA / Fees
18.45%
Cap Rate
About This Property
LOCATED JUST TWO BLOCKS AWAY FROM THE NJ TRANSIT ORANGE STATION IN
THE HEART OF ORANGE, NJ. THIS RENOVATED TWO-FAMILY HOME IS A
REMARKABLE FIND. W/ A TOTAL OF 6 BDS, 3 BTHS, & 4 FLOORS OF LIVING
SPACE, IT'S THE PERFECT BLEND OF COMFORT & CONVENIENCE. THE 1ST
UNIT FEATURES 2 BDS & 2 FULL BTHS, OFFERING A COMFORTABLE LIVING
SPACE.THE 2ND UNIT, SPREAD OVER TWO FLOORS, BOASTS 4 BDS & 1 FULL
BTH. ADDITIONAL SPACE CAN BE FOUND IN THE FIN BSMNT, COMPLETE W/ 2
SPARE RMS, A FULL BTH, LAUNDRY HOOKUPS, & A WALKOUT DOOR LEADING TO
THE NEWLY LANDSCAPED & FENCED BACKYARD. THE PROPERTY IS CLOSE TO
ALL NECESSITIES, FROM PUBLIC TRANSPORTATION & SHOPPING TO DINING &
SCHOOLS. THE RECENT RENOVATIONS ENSURE MODERN AMENITIES & A FRESH,
MOVE-IN-READY FEEL, MAKING THIS HOME A TRULY FANTASTIC OPPORTUNITY
FOR BOTH INVESTORS & OWNER OCCUPANTS, THIS PROPERTY OFFERS ENDLESS
POSSIBILITIES AND WILL NOT LAST. BACK ON MARKET. BUYER FAILED TO
PERFORM. HOME APPRAISED AT $600K.
Unit Size
-
Days on Market
60 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$988
HOA Dues
-
Year Built
1876
Listed By
Last updated: 11 days ago (NJMLS #24006998)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2024 | Relisted | $570,000 | |
| Relisted | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by RE/MAX First Realty II | $570,000 | |
| Listed by RE/MAX First Realty II | |||
Property Highlights
Parking Details
None
Interior Details
Bedroom Information
Bedrooms: 6
Bathroom Information
Bathrooms: 3
Room Information
Total Rooms: 10
Fireplace Information
None
Basement Information
FINISHED W/ FULL BATH, 2 SPARE ROOMS, LAUNDRY HOOKUPS, AND WALKOUT
Exterior Details
Property Information
View: None
Building Information
Year Built: Pre 1900, Renovated, 2020's
Financial Details
Tax: $11,851
374 Mechanic Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
6
Beds
3
Baths
-
$620,000
Apr 1, 2024
$620,000
Apr 1, 2024
$1,059/mo
Sold
Multifamily
6
Beds
4
Baths
-
$500,000
May 26, 2023
$500,000
Aug 16, 2023
$1,072/mo
Sold
Multifamily
5
Beds
2
Baths
-
$585,000
Apr 30, 2023
$585,000
Jul 17, 2023
$1,036/mo
Sold
Multifamily
5
Beds
5
Baths
-
$465,000
May 13, 2023
$465,000
Aug 29, 2023
$842/mo
Sold
Multifamily
4
Beds
2
Baths
-
$572,000
Feb 6, 2023
$572,000
Apr 28, 2023
$921/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Essex
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Nearby Rentals
$3,400 /mo
- 2 Beds
- 1 Bath
$3,500 /mo
- 3 Beds
- 1.5 Baths
Listed by: Kerwin D. Lynch
RE/MAX First Realty II
Last Updated: 11 days ago
Data Source: NJMLS , MLS# 24006998
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
RE/MAX First Realty II
Last Updated: 11 days ago
Data Source: NJMLS , MLS# 24006998
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
