For Multi Family

61 Arnold Ter,South Orange Village Twp., NJ 07079-1849

December 17, 2025

Side-by-side duplex featuring two units, each offering 4 bedrooms and 2 bathrooms, for a total of 8 bedrooms and 4 bathrooms. One unit has recently completed renovations and is vacant, while the other unit is currently occupied. Located less than one mile from the South Orange Train Station for quick and easy travel to NYC.

Property ID:PT-19788533-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 1,150,000 $

Bedrooms:8

Year Built:1890

Listing Details

Status: Active

Location

County: Essex

Lotsize: .106 AC

Lot Identifier: 22

Home Details

Open Parking: 2

Basement: Yes

Basmnt/Desc: Yes - Unfinished

Acreage: 0.11

Total Baths: 4.00

Unit Style: Duplex-Side by Side

Number of Units: 2

Rooms: 16

Easement/Desc: No

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: At Closing

Unit 1 Appliances/Equipment: CookGas,Dishwshr,Microwav,RgOvElec,Refrig

Unit 1 Levels: 3

Unit 1 Rooms: 8

Unit 1 Beds: 4

Unit 1 Baths: 2.0

Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water

Unit 1 Handicap: No

Unit 1 SqFt: 1800

Unit 1 Room Description: Attic, Bedrooms, Dining Room, Kitchen, Living Room, Porch

Unit 2 Appliances/Equipment: CookGas,Dishwshr,Microwav,RgOvElec,Refrig

Unit 2 Levels: 3

Unit 2 Rooms: 8

Unit 2 Beds: 4

Unit 2 Baths: 2.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas

Unit 2 Handicap: No

Unit 2 SqFt: 1800

Unit 2 Rent: 3750

Unit 2 Room Description: Attic, Bedrooms, Dining Room, Kitchen, Living Room, Porch

Unit 2 Security Deposit: 5475

Garage Description: None

Block Identifier: 2210

County Number: 16

Town Number: 1619

YB/Desc: 1890 - Approximate

Easement: No

Parking/Driveway Description: 2 Car Width

Block Identifier: 2210

County Number: 16

Town Number: 1619

Possession: At Closing

Taxes, Fees & Assessments

Gross Operating Income: 87000

Net Operating Income: 49200

Tax ID For Property: 1619-02210-0000-00022-0000-

Tax Amount: $21,165.00

Tax Year: 2024

Tax Rate: 2.509%

Tax Rate Year: 2025

Land Assessment: $278,500.00

Building Assessment: $565,100.00

Total Assessment: $843,600.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: Forced Hot Air

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

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Listing Details

61 Arnold Ter,South Orange Village Twp., NJ 07079-1849

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