$7,594 Closing Credit¹
#25016738, Darrell Bailey, Listing Office: EXP Realty, LLC
$639,500 List price
227 N Center St City Of Orange Twp, NJ 07050
$7,594
Closing credit¹
5 beds
4 full
0.10 acres
Multi-Family
Property details
About 227 N Center St
Fully renovated two-family home in Orange, NJ, offers a prime investment or owner-occupied opportunity with rental income potential. The property features 5 bedrooms, 3 bathrooms, a finished basement with a full bathroom, and a spacious garden ideal for entertaining and off-street parking. The first-floor vacant unit includes 2 beds, a modern kitchen with stainless steel appliances, granite worktops, wooden floors, an alarm system, and an open layout. The second-floor unit, currently tenant-occupied, has 3 bedrooms and is rented for $2,350, offering immediate rental income. Both units have central air and forced heat. Shared washer/dryer hookups are located in the basement along with storage space. Conveniently located near shopping, parks, schools, and public transportation with easy access to NYC. The seller may consider concessions for strong offers over the list price to assist with closing costs. Seller financing may be considered for offers exceeding $700K with a minimum 25% down payment, no exceptions, and a maximum 24-month term. Potential rental income ranges from $5,900 to $7,000 per month, making it a compelling investment for cash flow. Buyers should be pre-qualified for $19,700 in annual property taxes. The previous buyer was unable to close due to a change in financial circumstances and was under contract for $680K, presenting a renewed opportunity for serious buyers to secure a turnkey investment. Don't miss out on this chance.
Highlights
Home typeMulti Family
HeatingMulti Unit(s), Natural Gas
StatusActive
CoolingMulti Unit(s)
BasementYes
Lot size0.1 Acres
Year built1926
Parking2 Car Width, Common, Off-Street Parking, On-Street Parking, Parking Lot-Shared, On-Street Parking
MLS #3963809
Summary
- Full Bathrooms: 4
- Appliances: Dishwasher, Microwave, Refrigerator, Security System
- Basement: Yes
- Interior: Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, Vinyl-Linoleum Floors, Window Treatments, Wood Floors
- Total Bedroom Count: 5
- Parking: 2 Car Width, Common, Off-Street Parking, On-Street Parking, Parking Lot-Shared, On-Street Parking
- Exterior: Curbs, Deck, FencPriv, FencVnyl
- Architectural Style: 2-Two Story
- Heating: Multi Unit(s), Natural Gas
- Cooling: Multi Unit(s)
- List Price: $639,500
- Lot: Level
- Directions: Park Avenue to N Center, OR 280 to 229 N Center Street
- Year Built: 1926
- Lot Size: 0.1 Acres
- MLS Number: 3963809
- Office Name: EXP REALTY, LLC
- Office Phone: (862) 283-1282
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Last updated on: 5/28/2025, 10:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$639,500
227 N Center St
$7,594
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
4
East Orange Community Charter School
Public Charter KG-4
0.3 mi
•99 Washington St
7
Johnnie L. Cochran Jr. Academy
Public District KG-5
0.7 mi
•190 Midland Ave
7
Washington Elementary School
Public District KG-5
0.8 mi
•289 Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,453. The majority of City Of Orange Twp, NJ residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
58%
<35k
35%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
23%
Single, with Kids
10%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Boston Market
Jack In The Box
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 227 N Center St in City Of Orange Twp, NJ and zip code 07050. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 17, 2025 and is currently priced at $639,500.
In April 2025, from all listings sold in City Of Orange Twp, NJ there were more than 5 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in City Of Orange Twp, NJ between March and April 2025 increased by 21.9%. In April 2025, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $435,000.
From Rocket Homes Real Estate and based on county public records data.