121 West 3rd Street

South Orange, NJ 07079

$994,999
Price
6
Beds
4
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rarely does an opportunity like this come by, and it's all about the location! A completely renovated 2-unit home is just 2 blocks from the village square, NYC Train, Shopping, Restaurants, Parks, Town Pool, and Recreation " everything at your fingertips! A true gem for both first-time homebuyers and seasoned investors. The first-floor unit includes 3 spacious bedrooms, 2 full bathrooms, ample storage space and central air. Additionally, this unit offers a family room on the ground floor with a powder...Rarely does an opportunity like this come by, and it's all about the location! A completely renovated 2-unit home is just 2 blocks from the village square, NYC Train, Shopping, Restaurants, Parks, Town Pool, and Recreation " everything at your fingertips! A true gem for both first-time homebuyers and seasoned investors. The first-floor unit includes 3 spacious bedrooms, 2 full bathrooms, ample storage space and central air. Additionally, this unit offers a family room on the ground floor with a powder room and access to the 2-car garage. The 2nd unit has 3 bedrooms, 2 full bathrooms, and ample storage space. Both units offer an open concept and feature a contemporary kitchen featuring stainless steel appliances, granite countertops, abundant cabinet space with hardwood floors, and large windows, providing abundant natural light. Additionally, there is a coin-operated laundry room (current tenants pay a monthly laundry surcharge). The exterior boasts a sizable yard, perfect for gatherings or enjoying the scenic surroundings. Parking is available for up to 6 cars, with 4 side by side outside and two inside. This property is ideal for those desiring proximity to all amenities. With its attractive details, modern finishes, and prime location in one of the most sought-after neighborhoods in the region, this home offers the opportunity to experience city living at its finest. Whether you're a live-in landlord or an investor, this is a fantastic opportunity not to be missed. Bom..
  1. Listed by WILLIAM C COLLINS • ERA QUEEN CITY REALTY

Property Details for 121 West 3rd Street

Directions
Prospect or Valley to 3 rd Street
Days On Market
34

Location

Listing Courtesy of ERA QUEEN CITY REALTY, WILLIAM C COLLINS
Add your commute
LISTING UPDATED: 04/22/2024 11:47 AM

Property Details for 121 West 3rd Street

StatusActive
MLS #3891764
Days on Market40
Taxes$15,802 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1964
Lot Size0.14 AC / 6,098 SF
CountyEssex County

Location

Listing Courtesy of ERA QUEEN CITY REALTY, WILLIAM C COLLINS
Add your commute

Building Information for 121 West 3rd Street

Stories-Residences2Year Built1964Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$6,747 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$1,317

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 121 West 3rd Street

Summary
Location and General Information
  • Zoning: Residential
  • Middle/Jr High School: S ORANGE
  • Grade School: S MOUNTAIN
  • High School: COLUMBIA
  • Active Days on Market: 16
  • Renovated Year: 2015
  • County #: Essex
  • Town Name: South Orange Village Twp.
  • Block Identifier: 2010
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Grey
  • Town #: 1619.0
  • Street # Display: 121.0
  • # Parking Spaces: 6
  • County Or Parish: Essex
  • Street Name: 3 rd St
  • Zip Code: 07079-1858
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $15,802
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 434500.0
  • Tax ID For Property: 1619-02010-0000-00013-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Blacktop
  • # Garage Spaces: 2
  • Garage Description: Built-In Garage
Property
Lot Information
  • Lot Identifier: 13
  • Approximate Lot Size: .144 AC
  • Total Acres: 0.14
  • Construction Date/Year Built: 1964
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 199000.0
  • Assessment Land: 235500.0
  • Farm Assessment: No
Utilities
  • Cooling: 1 Unit
  • Services: Garbage Included
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: No
  • Basement Description: Slab
  • Easement: Yes
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 2.5
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 08-31-2024
  • Unit 1 Levels: 2.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 3522.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 5208.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 02-29-2024
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 3472.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 5208.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $60,141.00
  • Expenses Include: Cold Water, Garbage Collection, Maintenance, Taxes
  • Net Operating Income: $23,554.00
  • Gross Operating Income: $83,695.00
Rental
Rental Information
  • Home Warranty: false

Property History for 121 West 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 121 West 3rd Street

Taxable ValueLand$235,500Additions$199,000Total$434,500
Tax Record2022$15,238 ($1,270 / month)
Home Facts
Beds0Total Finished SqFt2,940 SqFtAbove Grade Finished SqFt2,940 SqFtStories2Lot Size6,273 SqFtStyleSingle Family ResidenceYear Built1964ZoningR-BCountyESSEXAPN19 02010-0000-00013

Schools near 121 West 3rd Street

This home is within South Orange-Maplewood School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 1
Rating
School
Distance
South Mountain Annex
PublicPK to 5

South Orange Middle School
Public6 to 8

Columbia Senior High School
Public9 to 12

South Mountain Annex
PublicK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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121 West 3rd Street is a multi-family home for sale in South Orange, NJ 07079. This property was listed for sale on March 19, 2024 by ERA QUEEN CITY REALTY, it's currently listed at $994,999. It has been on the market for a total of 40 days and was last sold on June 26, 2015. This listing's school district is South Orange-Maplewood School District. Nearby schools include South Mountain Annex, South Orange Middle School and Columbia Senior High School. 121 West 3rd Street is a 6-bed, 4.5-bath, multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA QUEEN CITY REALTY, WILLIAM C COLLINS

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/28/2024 02:56 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.