74 Marcy Ave

East Orange City, NJ 07017


 

Price: $500,000

GSMLS:  4057054
Type: Multi-Family
Style: 2-Two Story, Under/Over
Total Units: 2
Beds: 6
Baths: 2 Full
Garage: No
Year Built: 1924
Acres: 0.07
Property Tax: $10,925
Description
Open House Thursday 1PM–2PM.
Rare opportunity for owner-occupants and investors alike! This 2-family home needs no major work just a little TLC. Offering a total of 6 Brs and 2 full Bths, each unit features 3 Brs and 1 full Bth. Basement is semi-finished, standing-height and offers potential for additional living/recreation space and features a separate private entrance/walkout. As an added bonus, the attic provides further potential, adding to future versatility. The potential annual rental income for this property is $66,000, with annual taxes amounting to $10,925. This results in a net annual income of $55,075 before utilities and debt servicing charges. Unit 2 is vacant while unit 1 is occupied but has no lease (Month 2 Month). Key highlights include genuine hardwood floors throughout. Unit 2 comes with updated kitchen with granite countertops and newer cabinetry. Interior walls have been redone and primarily need painting to complete the refresh. Both units offer separate living and dining rooms. Driveway accommodates multiple vehicles, with additional parking at the rear. Utilities are all separated
General Info
Style:
2-Two Story, Under/Over
SqFt Building:
n/a
Total Rooms:
14
Basement:
Yes - Finished-Partially, Full, Walkout
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
32X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width, Driveway-Exclusive, Off-Street Parking
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV Available, Fiber Optic Available
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
East Orange City
Neighborhood:
n/a
Financial Considerations
List Price:
$500,000
Tax Amount:
$10,925
Land Assessment:
$93,500
Build. Assessment:
$243,600
Total Assessment:
$337,100
Tax Rate:
3.24
Tax Year:
2025
Listing Information
MLS ID:
4057054
List Date:
10-06-2026
Days On Market:
0
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Marvin Williams
 

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RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
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RE/MAX

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