Closed$475,000
TLC ≈ $4,111/mo
4 3 2,939 sqft
120 Montrose Street #122, Newark, NJ 07106
92 Cleveland Street, Orange, NJ 07050
$599,000
0 beds 4 baths 3,117 sqft Built 1879135 days on marketClosed
About this home
Prime investment opportunity in the heart of Orange, just off Main Street! This large 4-unit multifamily property features a versatile mix of two 1-bedroom units, one 2-bedroom unit, and one spacious 3-bedroom unit perfect for maximizing rental income. The building sits on a beautiful open street with a welcoming front porch and excellent curb appeal. Additional highlights include a private driveway with off-street parking, a detached garage ideal for storage, and a large backyard offering outdoor space for tenants or future enhancements. Located in a highly walkable neighborhood, steps from shopping, dining, and public transit, with a quick and convenient commute to NYC. With strong rental demand in the area, this is a rare chance to renovate and boost your return on investment. Don't miss out!
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
Your estimated payment
$6,399/mo
- Real estate (PITI + HOA + PMI)
- $6,035
- Utilities
- $634
- Transportation
- $168
- Other (entertainment)
- $158
Principal + interest$3,859
Property tax + insurance$1,951
PMI / 2nd mortgage$225
Heating + cooling$155
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$168
Budget$6,899/mo
Remaining after TLC$500/mo
Purchase price
$599,000
Down payment
$29,950 (5%)
Loan amount
$569,050
APR
7.19%
Quick facts
Type
4 Family
Style
—
Year built
1879
Lot size
0.1305 ac
Stories
3
Heating
Baseboard Electric
Cooling
Separate Control
Water
Public
HOA
—
Annual tax
$15,432
MLS #
2601815R
County
Essex
At a glance
Basement
Garage
Home features
Appliances
Water Heater(See Remarks)Water Heater
Interior
Unit 1(1 Bedroom1 BathSee Remarks)Unit 2(1 Bedroom1 BathSee Remarks)Unit 3(2 Bedrooms1 BathSee Remarks)Unit 4(3 Bedrooms1 BathSee Remarks)
Exterior
Porch
Parking
Detached3-4 Car ParkingOn Street
Patio & porch
Porch
Roof
Asphalt
Sewer
Septic Tank
Ownership
Land Owned
Lot features
Near Shopping
Neighborhood — 07050
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 35,782 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 8.00% | 14.00% | 20.00% |
| Population Density | 16,080 | 1,137 | — |
| Male | 16,699 | 4,307,827 | 147,432,321 |
| Female | 19,084 | 4,525,010 | 151,655,844 |
| Never Married | 10,954 | 1,965,811 | 63,775,926 |
| Married | 8,726 | 3,647,435 | 123,120,365 |
| Separated | 2,883 | 391,239 | 12,639,686 |
| Widowed | 2,207 | 515,172 | 15,467,586 |
| Divorced | 2,582 | 529,393 | 23,075,029 |
| Number Of House Hold | 13,278 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.67 | 2.73 | 2.60 |
| Medial Age | 32.79 | 37.15 | 35.46 |
| Median House Hold Income | $40,608 | $63,392 | $48,276 |
| Average House Hold Income | $54,681 | $83,312 | $63,629 |
| P C I | $20,508 | $30,662 | $24,529 |
| M D I | $35,381 | $52,505 | $41,133 |
| A T H E | $45,981 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 79.30% | 81.02% | 77.74% |
(Zip) Code
7050
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 7/31/2025. Provided courtesy of NEST SEEKERS INTERNATIONAL via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.