2 months on rocket

260 Park Ave, Orange, NJ, 07050

$625,000

Home List Price

$7,422*

Closing Credit

8 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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260 Park Ave, Orange$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPark Space
HeatingNatural Gas, Steam
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24007368
StatusActive
(ACTIVE)

About 260 Park Ave

**Investors Dream in Orange, NJ - Four Unit Building with Incredible Potential!** Welcome to this fantastic investment opportunity in the heart of Orange, NJ. This four unit building offers immense potential for the savvy investor, or some one who is looking to start building a portfolio, With 2 units vacant and gorgeously renovated this property presents a prime opportunity to maximize returns and turn it into a cash cow. Schedule a showing today to witness the profitability this multi family building has to offer!

Property Details

Property Features

Listing Office:

  • Office Name: Nationwide Homes Realty
  • Listing Agent: Menachem Klein

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Shingles, None

Parking Information:

  • Parking: Park Space

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam
  • Cooling: Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000

Tax Information:

  • Annual Amount: $12,716
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Orange, NJ.

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Orange, NJ

City

Med. Sold Price

$568K

Med. Price/SqFt

$237

Avg. Days On Market

20

# of Sold Homes

9

260 Park Ave vs Orange

69 DAYS ON ROCKET

+49 Days

$625,000

+$57K More

KEY TAKEAWAY

This property is $57K more than the Median Sold Price in Orange, NJ.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Number: #24007368

Listing Office:

  • Office Name: Nationwide Homes Realty
  • Listing Agent: Menachem Klein

IDXDisclaimer: 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 Rocket Homes Real Estate, LLC 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.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 7:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2020Home Sold
$340,000
Jan 02, 2018Home Sold
$100,000
Jun 06, 2006Home Sold
$317,000
Aug 18, 2004Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,716$220,000
2019$11,506$220,000
2018$10,714$220,000
2017$10,714$220,000

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4345883
4
/10

  • East Orange Community Charter School

  • 99 Washington St

  • 0.27 miles

  • Public Charter Grades KG-4

school-card-donut-4345884
2
/10

  • George Washington Carver Institute

  • 135 Glenwood Ave

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-4345885
4
/10

  • J. Garfield Jackson Sr. Academy

  • 106 Prospect St

  • 0.75 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,707. The most common annual income of people living in Orange, NJ is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Orange›07050›260 Park Ave

This home is located at 260 Park Ave in Orange, NJ and zip code 07050. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $625,000.

In April 2024 more than 5 listings in Orange, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Orange, NJ increased by 7.4% between March 2024 and April 2024. In April 2024 median list price was $568,000 and the average listing age was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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