Not your average 3 Family and Studio by any means. Two complete houses side by side in one well built and updated building. (Zestimate doesn't know that) Owner-occupy all, part, or full rental. You'll find very few homes with so many personal use, small business, investment and future development possibilities. Have the flexibility to rent out what you don't use. Great residential private home, legal work from home professional office, and/or commercial studio or gallery. 1 block to direct to NYC NJ Transit train and busses. 30 min train 20 min drive to NYC. Investors: Currently more than $5000+ monthly. Developers: Add multiple units to the existing building. Great legal 3 family residential duplex building with a deco vibe converted from A 1940s Social Club / Pub Restaurant. 2 side-by-side buildings with up to 2 units in each in 1 cool and unique property with 2 addresses. 538 and 540 Joyce Street. in 1 140'+ deep double lot. 540 is a two story house currently with with 2 nice one bedroom apartments with 8' ceilings, wall sconces, tile bath, new glass block windows and completely updated. (May also be a 3br, 2 full bath, LR, DR, Kitchen and patio or mother-daughter whole house). 538 is the newer building. 1300 sq ft split level open floorplan with the feel of a SOHO loft. (or use as 2 600 sq ft units) 2-4 BR with 9' and 10' ceilings, 18x30' great room or studio, 2 baths, washer/dryer in unit, french doors, newer real hardwood floors, huge skylight, glass block window, new crown molding, full kitchen with dishwasher. front and rear entrance that opens onto a patio and huge back yard with parking for 7+ cars. Perfect for Small Business Owners, Artists or Galleries, and Business Professionals! Live in 1, or rent out 1-3 units with separate and private entrance or put your business onsite RENT FREE!!! with large commercial or professional spaces and living areas with separate front and rear entrances and full unfinished basement for storage. Art Deco feel in a practical home or maintenance free investment with great commercial possibilities or rental with plenty of off street parking. 1 block to NYC direct NJ Transit trains and bus. 2 units occupied by owner, 2 units fully leased over 25 years. Live in or work from RENT FREE by leasing part of building. Owner-occupy or Investor with monthly income. Safe area on the West Orange border at the base of the South Mountain. Three blocks from Seton Hall Prep. Principals with cash in place only inquire please. Brokers/Agents protected.
Off market
$800,400
540 Joyce St, Orange, NJ 07050
4beds
2,600sqft
MultiFamily
Built in 1942
-- sqft lot
$800,400 Zestimate®
$308/sqft
$3,241 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Gas
Cooling
- Wall
Features
- Basement: Basement (not specified)
Interior area
- Total interior livable area: 2,600 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off-street
Features
- Exterior features: Other, Vinyl, Wood, Brick
- Has view: Yes
- View description: City, Mountain
Lot
- Size: 6,880 sqft
Details
- Parcel number: 1703901000000004
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1942
Community & neighborhood
Location
- Region: Orange
Services availability
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Estimated market value
$800,400