46
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$995,000
Est. payment /mo
6 BD
5 BA
2,178 Sqft Lot
New
70 Orchard St Newark City, NJ 07102
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UPDATED:
03/11/2025 06:10 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Walk Penn Station
MLS Listing ID 3949787
Style 3-Three Story
Bedrooms 6
Full Baths 5
Year Built 2002
Annual Tax Amount $9,092
Tax Year 2024
Lot Size 2,178 Sqft
Property Description
Location, Location, Location! This exceptional property is within walking distance to Penn Station and the vibrant downtown area, offering convenient access to top amenities like the Prudential Center, Whole Foods, and much more. In 2024, this home generated an impressive $124,850 in AirBNB gross income. Home will be delivered vacant are ready for you to move into. Although built in 2002, the current owner has tastefully updated the entire home, blending modern finishes with timeless charm. The ground floor is fully finished and includes a private room, open concept living area and full bath perfect for guests or additional income potential. The first floor unit boasts 3 bedrooms, 2 full baths, a spacious living and dining room and kitchen. The second floor unit also features 3 bedrooms, 2 baths, a large living and dining room, kitchen and office/walk-in storage unit. There is a garage and additional parking in the backyard. A truly unique property in a prime location!
Location
State NJ
County Essex
Interior
Interior Features Carbon Monoxide Detector, Smoke Detector, Wood Floors
Heating Gas-Natural
Cooling 2 Units, Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Brick, Vinyl Siding
Parking Features Attached Garage
Garage Spaces 2.0
Utilities Available Gas In Street
Roof Type Asphalt Shingle
Building
Lot Description Corner
Sewer Public Available
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by RE/MAX FIRST REALTY II