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490 Lincoln Pl

City Of Orange Twp., NJ 07050
  • $399,999
  • STATUS: Active Under Contract
  • ON SITE: 294 Days
  • MLS #: 3842356
Under Contract
$399,999
  • 5
    BEDS
  • 0.19
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,617
    SQFT
  • $153
    $/SQFT
Type:
Multi-Family
Built:
1894
County:

School Ratings & Info

Description

Tap into generational wealth with this 2-family home. Bring in passive income renting out both units or live in one while renting the other. Investor's delight or perfect fixer upper. Huge Backyard that's perfect for entertainment. An additional level on the the 3rd floor which can potentially become a 3rd unit with proper variance/zoning approval. Oil tank underground. Seller will set aside escrow to remove oil tank. Property being sold "as-is". 203K FHA, Hard Money, or Cash are welcomed. Will deliver home VACANT. HIGHEST & BEST DUE BY SUNDAY 5/14/2023 AT 2:00 PM.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-26T23:46:17.66.
www.trompeterrealestate.com/homes/139317531
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490 Lincoln Pl City Of Orange Twp., NJ 07050

  • Price: $399,999
  • Status: Active Under Contract
  • On Site: 294 Days
  • MLS #: 3842356
5
Beds
2
Baths
1
½ Baths
0.19
Acres
2,617
SQFT
$153
$/SQFT
1894
Built
County:
Essex
Area:
City Of Orange Twp.
Property Description
Tap into generational wealth with this 2-family home. Bring in passive income renting out both units or live in one while renting the other. Investor's delight or perfect fixer upper. Huge Backyard that's perfect for entertainment. An additional level on the the 3rd floor which can potentially become a 3rd unit with proper variance/zoning approval. Oil tank underground. Seller will set aside escrow to remove oil tank. Property being sold "as-is". 203K FHA, Hard Money, or Cash are welcomed. Will deliver home VACANT. HIGHEST & BEST DUE BY SUNDAY 5/14/2023 AT 2:00 PM.
Exterior Features

Approximate Lot Size 8149 SF Exterior Description Vinyl Siding Exterior Features Privacy Fence Garage Description None Number Of Parking Spaces 4 Parking Driveway Description 1 Car WidthConcreteOff-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Window A/C(s) Heating 1 Unit Interior Features Carbon Monoxide DetectorSmoke Detector Total Number Of Rooms 11 Unit1 Appliances Equipment CarbMDetCookGas Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomFamily RoomKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment CookGas Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsDining RoomKitchenLiving RoomSunroom Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description AtticBedroomsStorage Unit3 Rooms 2

Property Features

Assessment Total 406500 Building Assessment 260200 Easement No Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 146300 Net Operating Income 0 Sewer Public Sewer Tax Amount 13306 Tax Rate Amount 3.466 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate Zoning R2

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 732-709-3600.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-26T23:46:17.66.
 
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