4 Family Renovated Vacant corner Lot in exceptional location next to Monctclair Child development Day Care and 2 Blocks away from Main st. MASSIVE PARKING LOT can fit up to 8 Trucks, Perfect for an investor or living in one unit and renting out the rest! New Electric and Plumbing. Projected income of minimum $9,100/month. Unit one has 2 bedrooms, LR, eat in kitchen and Full Bath with basement for laundry and storage. Unit 2 has 3 bedrooms, LR, Eat in kitchen and Full Bath. Units 3 & 4 have one bedroom, LR/Kitchen/dining area and one full Bath with access to the second basement for laundry and storage with the potential of creating another living space which has its own Entrance/Exit. Separate Utilities. Gas hot water heaters, Forced Hot air Brand New HVAC with potential to add central A/C if desired. Multiple renters asking to rent a unit everyday! Put in your offer before this opportunity goes! Potential rents: Unit 1: $2,200, unit 2: $2,400, Units 3&4: $1,850. Private parking: 5-6 spots cars: $150/month, trucks/vans: $250/month.
Active
$990,000
257 New St, City Of Orange Twp., NJ 07050
7beds
39,996sqft
Est.:
Multi Family
Built in 1882
-- sqft lot
$-- Zestimate®
$25/sqft
$-- HOA
What's special
Private parkingMassive parking lotCorner lot
- 88 days
- on Zillow |
- 172 |
- 8 |
Zillow last checked: August 10, 2025 at 11:55pm
Listing updated: June 16, 2025 at 05:36am
Listed by:
Daniel Moradi 908-445-5546,
Premiumone Realty
Source: GSMLS,MLS#: 3963440

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Appliances
- Included: Gas Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Bedrooms, Eat-in Kitchen, Living Room, Storage, Eat-In Kitchen, Pantry
- Basement: Yes,French Drain,Unfinished,Walk-Out Access
- Number of fireplaces: 2
Interior area
- Total structure area: 39,996
- Total interior livable area: 39,996 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway-Exclusive, Parking Lot-Exclusive
- Uncovered spaces: 5
Features
- Exterior features: See Remarks
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 4933 SF
- Features: Corner Lot
Details
- Parcel number: 1617019040000000010000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle,Slate
Condition
- Year built: 1882
- Major remodel year: 2025
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Fire Alarm Sys, Smoke Detector
Location
- Region: Orange
Financial & listing details
- Price per square foot: $25/sqft
- Tax assessed value: $386,200
- Annual tax amount: $15,100
- Date on market: 5/15/2025
- Total actual rent: 8300
- Electric utility on property: Yes
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