579 Nassau St, City Of Orange, NJ 07050
Local realty services provided by:CENTURY 21 JRS Realty
579 Nassau St,City of Orange Twp., NJ 07050
$500,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: katherine elliott
Office: coldwell banker realty
MLS#:4015238
Source:NJ_GSMLS
Price summary
- Price:$500,000
About this home
Turnkey two-family investment opportunity in the heart of Orange's vibrant Valley Arts District fully renovated in 2021 and already generating strong income with additional upside.Each unit offers 2 bedrooms and 1 full bathroom, thoughtfully updated to blend modern convenience with clean, functional design. Both apartments feature stylish kitchens with stainless steel appliances (including dishwashers), in-unit stackable washer/dryers, and fully renovated bathrooms. Refinished hardwood floors and reconfigured layouts enhance flow and livability throughout.Major 2021 capital improvements include updated electrical and plumbing systems, new kitchens and baths, and the addition of individual mini-split systems in each unit for efficient heating and cooling keeping operating costs predictable and appealing to tenants.Both units enjoy access to a private back yard - a desirable feature in the neighborhood. Ideally situated just moments from local favorites including Libretti's and Hat City Kitchen, and approximately two blocks from Highland Place NJ Transit station, offering convenient access to NYC and surrounding areas.Financial Highlights:Current Monthly Income: $4,125Potential Rent Increase: Unit 1 currently listed at $2,250Monthly Operating Expenses: $1,373Net Operating Income (NOI): $33,024 annuallyA clean, income-producing asset with modern systems already in place ideal for investors or owner-occupants seeking low-maintenance ownership with strong fundamentals....
Contact an agent
Home facts
- Year built:1889
- Listing ID #:4015238
- Added:1 day(s) ago
- Updated:March 20, 2026 at 01:55 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:8
- Basement Description:Basement, Unfinished
Heating and cooling
- Cooling:Multi-Zone Cooling
- Heating:Multi-Zone
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1889
- Lot area:0.06 Acres
- Architectural Style:1-One Story, Under/Over
- Construction Materials:Wood
- Exterior Features:Deck, Open Porch, Patio, Privacy Fence
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$500,000
- Tax amount:$11,832 (2025)
Features and amenities
- Amenities:Carbon Monoxide Detector, Fire Extinguisher, Gas-Natural, High Ceilings, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors
Parking
- Parking description:On-Street Parking
New listings near 579 Nassau St
- Open Sun, 1 to 3pmNew
$485,000Active3 beds 2 baths326 Ogden St, City Of Orange Twp., NJ 07050
MLS# 4015574Listed by: COMPASS NEW JERSEY LLC - New
$250,000Active2 beds 2 baths1,180 sq. ft.740 Vose Avenue #C-5, City Of Orange Twp., NJ 07050
MLS# 4014313Listed by: KEYPOINT REALTY LLC - New
$359,000Active4 beds 1 baths159 Lincoln Avenue, Orange, NJ 07050
MLS# 26008162Listed by: RE/MAX SOLUTIONS - New
$415,000Active3 beds 2 baths622 Tremont Ave, City Of Orange Twp., NJ 07050
MLS# 4013948Listed by: WEICHERT REALTORS - New
$397,000Active5 beds 3 baths483 CARY ST, Orange, NJ 07050
MLS# 260004245Listed by: REMAX SELECT - New
$625,000Active5 beds 4 baths449 Park Avenue, Orange, NJ 07050
MLS# 26007751Listed by: EXP REALTY, LLC - New
$725,000Active3 beds 3 baths674 Berkeley Avenue, Orange, NJ 07050
MLS# 26007791Listed by: JD FRANCES REALTY - New
$399,000Active0.38 Acres433 Central Ave, City Of Orange Twp., NJ 07050
MLS# 4013421Listed by: KELLER WILLIAMS VALLEY REALTY - New
$699,000Active0.38 Acres350 Park Ave, City Of Orange Twp., NJ 07050
MLS# 4013422Listed by: KELLER WILLIAMS VALLEY REALTY