70 N Essex Avenue

Description

Value-add two-family property ideal for investors or owner-occupants looking to renovate and create equity. Unit 1 offers a spacious layout with high ceilings, a large living room, formal dining room, oversized kitchen, two bedrooms, and one full bathroom, with the potential to reconfigure the living space into an additional bedroom. The upper levels provide substantial income potential, featuring a second level with two bedrooms and a full bathroom, and a third level with three bedrooms, a kitchenette area, and a full bathroom. The basement includes a bedroom, full bathroom, and separate entrance, offering added flexibility. This property requires renovation and is well-suited for a buyer with vision seeking passive income, strong upside, or the opportunity to live in one unit while renovating and renting the others. Additional features include a long driveway with parking for approximately 4"6 vehicles and a sizable backyard. Conveniently located in Orange, NJ near public transportation, major highways, and local entertainment. Most units can be delivered vacant. Excellent opportunity to renovate, add value, and maximize rental potential.