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70-74 2nd Street 70 2nd St

3 Unit Apartment Building $3,500,000 ($1,166,667/Unit) South Orange, NJ 07079

Apartment Buildings New Jersey South Orange 70 2nd St, South Orange, NJ 07079

Investment Highlights

  • Proximity to Downtown
  • Numerous developments within half a mile radius
  • Midtown Direct Train 30 mins into Manhattan One Block Away

Executive Summary

Newest development opportunity in South Orange, New Jersey. A blank canvas awaiting a buyer with an extraordinary vision. Prime location, one short block away from the Midtown Direct train which gets commuters into New York City in 30 minutes. South Orange is one of New Jersey's most premier neighborhoods with a fabulous downtown, entertainment, eateries and top performing schools. Both existing properties, a 2 bed 1 bath single family and a 6 bed 4 bath, two unit multi family, are now completely vacant. Proof of Funds required prior to in person showing approval. Both 70 and 74 2nd street are to be sold as a bundle. Photo renderings are schematic designs. This section of Academy Heights has "as of right" privileges. Buyer must go through their own due diligence and appropriate zoning approvals with the municipality nonetheless. Survey is available for review. Zoned for R-B. Dimensions for the three combined lots are 160.08 x 125. Visit site at bit.ly/70-74.

Attachments

As of Right Floor Plans - Unapproved
74 2nd St Survey
70 Second Survey
Survey for 70-74 Second Street, South Orange

Property Facts

Price $3,500,000 Apartment Style Single Family Home
Price Per Unit $1,166,667 Building Size 4,268 SF
Sale Type Investment Average Occupancy 0%
Sale Conditions
Build to Suit
  • Bulk/Portfolio Sale
  • Redevelopment Project
 No. Stories 4
No. Units 3 Year Built/Renovated 1889/2019
Property Type Multifamily Parking Ratio 3.28/1,000 SF
Property Subtype
Apartment
  • Multifamily Dormitory
Price $3,500,000
Price Per Unit $1,166,667
Sale Type Investment
Sale Conditions
Build to Suit
  • Bulk/Portfolio Sale
  • Redevelopment Project
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Single Family Home
Building Size 4,268 SF
Average Occupancy 0%
No. Stories 4
Year Built/Renovated 1889/2019
Parking Ratio 3.28/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
8+5 3 - -

Links

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Walk Score ®
Walker's Paradise (92)
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zoning

Zoning Code R-B (This section of Academy Heights has "as of right" privileges. Buyer must go through their own due diligence and appropriate zoning approvals.)
R-B (This section of Academy Heights has "as of right" privileges. Buyer must go through their own due diligence and appropriate zoning approvals.)
(201) 445-4300

  • Listing ID: 32547909

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 70 2nd St, South Orange, NJ 07079

More public record information on 70 2nd St, South Orange, NJ 07079

The Multifamily Property at 70 2nd St, South Orange, NJ 07079 is currently available For Sale. Contact Keller Williams Village Square for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/21
70 2nd St, South Orange, NJ for sale Primary Photo- Image 1 of 21
Bird's Eye View
70 2nd St, South Orange, NJ for sale Building Photo- Image 2 of 21
Bird's Eye of Single and Multi Family Existing Properties
70 2nd St, South Orange, NJ for sale Building Photo- Image 3 of 21
Aerial View
70 2nd St, South Orange, NJ for sale Building Photo- Image 4 of 21
Aerial View of Downtown from Lot
70 2nd St, South Orange, NJ for sale Building Photo- Image 5 of 21
Existing 2 Unit Multi Family Vacant
70 2nd St, South Orange, NJ for sale Building Photo- Image 6 of 21
Existing Single Family Vacant
70 2nd St, South Orange, NJ for sale Building Photo- Image 7 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 8 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 9 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 10 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 11 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 12 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 13 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 14 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 15 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 16 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 17 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 18 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Interior Photo- Image 19 of 21
Schematic Design
70 2nd St, South Orange, NJ for sale Building Photo- Image 20 of 21
Schematic Design

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70-74 2nd Street | 70 2nd St
(201) 445-4300 x

70-74 2nd Street | 70 2nd St

Camille Estrella

(201) 445-4300

(201) 445-4300

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