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New
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$899,000

For Sale

A day ago

MLS® 4015323

11 Bed

4 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $20,271
Days Active 1
Lot Size 0.16 acres
Approx. Age 1922
MLS® Number 4015323

Property Address: 330 Academy St, South Orange, NJ, 07079-1880

Average square foot calculated using Size range provided by listing agent.

Description

Well-maintained and thoughtfully updated, this two-family property offers a compelling opportunity in the heart of South Orange just moments from Seton Hall University, South Orange Village, and direct NYC transit. Both units offer spacious, flexible layouts with multiple bedrooms and well-proportioned living spaces. High ceilings, hardwood floors, and large windows provide abundant natural light throughout. Each unit features a living room, dining area, bonus space, and an eat-in kitchen equipped with refrigerator, dishwasher, stove, and microwave. Additional highlights include in-unit laundry, off-street parking, and layouts that consistently attract strong tenant demand. The property has benefited from extensive capital improvements, including updated kitchens and bathrooms, upgraded electrical and plumbing systems, drainage and foundation work, and major mechanical updates. New roofing and gutter system (2025) further reduce near-term capital expense. Offering strong in-place income with additional upside potential, this is a rare opportunity for investors or owner-occupants in one of Essex County's most desirable rental markets. ** 2026-2027 rents+additional income have increased to $9596/mo increasing monthly net operating income to $7071 ($84, 852 annually from $70, 068) an increase of 21% year over year.
MLS® Number4015323
Laundry Level
Central VacNo
FireplaceNo
Acreage0.16
Exterior
GarageNo
Approx. Age1922
BasementFinished, Full, Walkout
DrivewayBlacktop, Common, Off-Street Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 18, 2026List Date
$899,000List Price
  • Commute

Commute

Starting Address
Destination Address
330 Academy St, South Orange, NJ

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