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121 3rd Street

South Orange Village, NJ 07079 · Listing #26023045

$1,200,000

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About this home

Beds

6

Baths

5

Living area

Type

2-4 Family

This property is special for the savvy, skilled investor looking to build their portfolio. Rare 2-Unit gem just 2 blocks from South Orange Downtown, NYC-bound trains, local shopping, restaurants, parks, and the town pool. This fully renovated 2-unit home blends location, lifestyle, and income potential. Just move in and enjoy. Unit 1, occupied and renting at $3900 has three bedrooms, two full baths, and laundry. Unit 2 rents monthly short term airbnb for $4700 and has a similar layout showcasing 3 bedrooms, 2 full baths and laundry. Both units offer open-concept layouts, and functional kitchens with large windows flooding the interiors with natural light. There is also a ground recreational space with laundry, a full bath, ample storage, an egress window and contemporary finishes present throughout. Unit one has a central HVAC system, while unit 2 requires window a/c units. A brand-new in-ground pool, adds a luxurious touch for future summers at home. The property also includes parking for 6 cars (4 outdoor, 2 in-garage). Live in one unit, rent out the other, or maximize rental income from both. With unmatched proximity to transit and town, this is your chance to own in one of the most desirable pockets of Academy Heights in South Orange.

Status

Active

New Jersey Multiple Listing Service, Inc. IDX

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