173 Academy Street

South Orange, NJ 07079

$749,900
Price
7
Beds
3
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Vintage 2 family victorian with a beautiful front porch located in the heart of beautiful south orange. Walking distance from the high school, college and train station. This spacious 2 family offers 4 finished levels of living space that consist of: unit 1 is ground level and could be a mother/daughter 3 bedroom with full walk out finished basement. This unit features high ceilings, a large living room, kitchen, dining room, (can be a bedroom), two nice size bedrooms and a full bathroom on the ground...Vintage 2 family victorian with a beautiful front porch located in the heart of beautiful south orange. Walking distance from the high school, college and train station. This spacious 2 family offers 4 finished levels of living space that consist of: unit 1 is ground level and could be a mother/daughter 3 bedroom with full walk out finished basement. This unit features high ceilings, a large living room, kitchen, dining room, (can be a bedroom), two nice size bedrooms and a full bathroom on the ground floor and a walk out finished basement that features a family room, bedroom, office, summer kitchen and a full bathroom. Spacious storage/laundry room that accesses the rear yard. Unit 2 is on the second and third level and features an open concept floor plan with a large living room, eat in kitchen with new appliances and spacious 3 bedrooms, 1 full and 1 half bathrooms, the 3rd floor features 2 bedrooms for added privacy. Spacious private rear yard and detached 2 car garage with large driveway for off street parking. All utilities are separate, owner pays sewer and water. Live in one and collect rent from the other or a great investment opportunity with a great location. Hurry, this one will not last !
  1. Listed by JOSEPH MORREALE • RE/MAX SELECT

Property Details for 173 Academy Street

Directions
173 ACADEMY ST, SOUTH ORANGE
Days On Market
3

Location

Listing Courtesy of RE/MAX SELECT, JOSEPH MORREALE
Add your commute
LISTING UPDATED: 04/24/2024 03:02 AM

Property Details for 173 Academy Street

StatusActive
MLS #3897318
Days on Market14
Taxes$18,210 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1884
Lot Size0.19 AC / 8,276 SF
CountyEssex County

Location

Listing Courtesy of RE/MAX SELECT, JOSEPH MORREALE
Add your commute

Building Information for 173 Academy Street

Stories-Residences2Year Built1884Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$5,610 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$1,518

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 173 Academy Street

Summary
Location and General Information
  • Zoning: R-B
  • Active Days on Market: 3
  • County #: Essex
  • Town Name: South Orange Village Twp.
  • Block Identifier: 2003
  • Listing Type: Exclusive Right to Sell
  • Color of Building: WHITE
  • Town #: 1619.0
  • Street # Display: 173.0
  • # Parking Spaces: 4
  • County Or Parish: Essex
  • Street Name: Academy St
  • Zip Code: 07079-1843
  • Total Units: 2
Taxes and HOA Information
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $18,210
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 759100.0
  • Tax ID For Property: 1619-02003-0000-00022-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2024
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Blacktop
  • # Garage Spaces: 2
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Description: Open Lot
  • Lot Identifier: 22
  • Approximate Lot Size: .186 AC
  • Total Acres: 0.19
  • Construction Date/Year Built: 1884
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 0.0
  • Assessment Land: 0.0
  • Farm Assessment: No
Utilities
  • Cooling: Ceiling Fan, No Cool
  • Services: Garbage Extra Charge
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Baseboard - Hotwater, Multi-Zone
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Patio, Sidewalk
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Skylight, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Sump Pump
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 06-01-2024
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 2785.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Rec Room, See Remarks
  • Unit 1 Rooms: 9.0
  • Unit 1 Security Deposit: 4177.0
  • Unit 1 Sq Ft: 1100.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Kitchen Exhaust Fan, Range/Oven - Electric, 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: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2800.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 3750.0
  • Unit 2 Sq Ft: 1100.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $18,210.00
  • Expenses Include: Taxes
  • Net Operating Income: $48,810.00
  • Gross Operating Income: $67,020.00
Rental
Rental Information
  • Home Warranty: false

Property History for 173 Academy 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 173 Academy Street

Taxable ValueLand$227,200Additions$203,500Total$430,700
Tax Record2022$15,105 ($1,259 / month)
Home Facts
Beds0Total Finished SqFt2,241 SqFtAbove Grade Finished SqFt2,241 SqFtStories2Lot Size8,102 SqFtStyleSingle Family ResidenceYear Built1884ZoningR-BCountyESSEXAPN19 02003-0000-00022

Schools near 173 Academy 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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173 Academy Street is a multi-family home for sale in South Orange, NJ 07079. This property was listed for sale on April 21, 2024 by RE/MAX SELECT, it's currently listed at $749,900. It has been on the market for a total of 14 days and was last sold on May 21, 2004. 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. 173 Academy Street is a 7-bed, 3.5-bath, multi-family home built in 1884.

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 RE/MAX SELECT, JOSEPH MORREALE

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 05/05/2024 05:02 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.