$685,000

257 Mount Vernon Avenue, Orange, NJ 07050

  • 7 beds |
  • 4 baths
  • Property Icon Triplex
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property 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. BACK ON THE MARKET, BUYER COULDN'T PERFORM.

Listing Status:
Active
Date Added:
August 25, 2025 at 05:00AM
Listing Office:
EXP Realty, LLC : 866-201-6210
Listing Agent:
Raymond Thomas : (201) 310-7000
MLS ID:
25030398
  • Rooms: 13
  • Laundry: None
  • County: ESSEX
  • Utilities: Sep ElecSep Gas

This listing courtesy of Raymond Thomas, EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cleveland Street Elementary School

355 Cleveland St, Orange, NJ, 07050

Grades PK-7

0.27 miles away

C

Cleveland Street Elementary School

355 Cleveland St, Orange, NJ, 07050

Grades PK-7

0.27 miles away

O

Orange High School

400 Lincoln Ave, Orange, NJ, 07050

Grades 9-12

1.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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