201 Watchung Avenue

West Orange, NJ 07052

$950,000
Price
9
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investment Opportunity Alert! Renovated 4-family double Duplex home in the heart of West Orange. Ready to cash flow and add this property to your portfolio. Three of the units offer 2 Bedrooms, an Eat-in Kitchen, Living area & 1 Full Bath with Laundry. The other unit offers a similar layout with 3 Bedrooms! Basement storage + a large Backyard that is partially fenced-in for your privacy. Newer Roof installed in 2008 with separate Solar Systems for eachunit, reducing electric bills by 30-40%! Each...Investment Opportunity Alert! Renovated 4-family double Duplex home in the heart of West Orange. Ready to cash flow and add this property to your portfolio. Three of the units offer 2 Bedrooms, an Eat-in Kitchen, Living area & 1 Full Bath with Laundry. The other unit offers a similar layout with 3 Bedrooms! Basement storage + a large Backyard that is partially fenced-in for your privacy. Newer Roof installed in 2008 with separate Solar Systems for eachunit, reducing electric bills by 30-40%! Each unit comes with a built-in Microwave + Stove. Newer 400A electric service installed in 2006! Newer Gas Steam boilers for allunits too. All of this & so much more in a prime location, close to shopping, dining, parks, schools, easy access to Rte 280 + the bus loop & 1 mile to Orange NJ TransitStation, a commuter's delight! An excellent opportunity you don't want to miss! Come & see TODAY!
  1. Listed by AARON VISCO • KW CITY LIFE JC REALTY

Property Details for 201 Watchung Avenue

Directions
Sits in between Liberty St & Meade St
Days On Market
7

Open Houses

Sunday, Oct 6th

12:00 PM - 2:00 PM

Public

LISTING UPDATED: 09/24/2024 05:07 PM

Property Details for 201 Watchung Avenue

StatusActive
MLS #3925750
Days on Market11
Taxes$16,093 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex-Side by Side
Year Built1925
Lot Size0.10 AC / 4,356 SF
CountyEssex County

Building Information for 201 Watchung Avenue

Stories-Residences4Year Built1925Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 201 Watchung Avenue

Summary
Location and General Information
  • Middle/Jr High School: EDISON
  • Grade School: EDISON
  • High School: W ORANGE
  • Active Days on Market: 7
  • Renovated Year: 2024
  • County #: Essex
  • Town Name: West Orange Twp.
  • Block Identifier: 118
  • Listing Type: Exclusive Right to Sell
  • Town #: 1622.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: Watchung Ave
  • Zip Code: 07052
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $16,093
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 350000.0
  • Tax ID For Property: 1622-00118-0000-00053-0000-
  • Tax Rate Amount: $5
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 53
  • Approximate Lot Size: 38X119
  • Total Acres: 0.1
  • Construction Date/Year Built: 1925
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 287000.0
  • Assessment Land: 63000.0
Utilities
  • Cooling: Ceiling Fan, Window A/C(s)
  • Utilities: Electric, Gas-Natural
  • Heating: Baseboard - Hotwater, Radiators - Steam
  • Fuel Type: Gas-Natural
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Metal Fence, Sidewalk
Interior Features
  • Interior Features: Carbon Monoxide Detector, Smoke Detector
  • Roof Description: Asphalt Shingle, Flat
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Dryer, Microwave Oven, Range/Oven - Electric, Washer
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 766.0
Unit 2 Information
  • Unit 2 Appl/Equip: Dryer, Microwave Oven, Range/Oven - Electric, Refrigerator, Washer
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 800.0
Unit 3 Information
  • Unit 3 Appl/Equip: Dryer, Microwave Oven, Range/Oven - Electric, Washer
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Lease Expiration: 06-14-2025
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 2200.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 3298.0
  • Unit 3 Sq Ft: 766.0
Unit 4 Information
  • Unit 4 Appl/Equip: Microwave Oven, Range/Oven - Electric
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 3
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 2.0
  • Unit 4 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 4 Rent: 1750.0
  • Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 4 Rooms: 5.0
  • Unit 4 Security Deposit: 0.0
  • Unit 4 Sq Ft: 800.0
Multi-Family Information
  • Unit Style: Duplex-Side by Side
Income & Expenses Information
  • Total Operating Expense: $21,300.00
  • Net Operating Income: $83,700.00
  • Gross Operating Income: $105,000.00

Property History for 201 Watchung Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 201 Watchung Avenue

This home is within West Orange Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Washington Elementary School
PublicPK to 5

Edison Middle School
Public6

West Orange High School
Public9 to 12

Hazel Avenue Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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201 Watchung Avenue is a multi-family home for sale in West Orange, NJ 07052. This property was listed for sale on September 24, 2024 by KW CITY LIFE JC REALTY, it's currently listed at $950,000. This listing's school district is West Orange Public School District. Nearby schools include Washington Elementary School, Edison Middle School and West Orange High School. 201 Watchung Avenue is a 9-bed, 4-bath, multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW CITY LIFE JC REALTY, AARON VISCO

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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. Last date updated: 10/05/2024 12:35 AM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 10/05/2024 12:35 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.