340 Central Ave
City Of Orange Twp, NJ 07050
Price: $789,000
GSMLS: 4060024Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 7
Baths: 4 Full
Garage: No
Year Built: 1940
Acres: 0.11
Property Tax: $19,223
Description
Prime Location Meets Exceptional Investment Potential! Perfectly situated at the entrance to the picturesque, tree-lined Seven Oaks community, this three-unit property offers an exceptional combination of location, convenience, and investment opportunity. Ideally positioned near train transportation, schools, houses of worship, shopping, and major highways, the property provides convenient access to everyday amenities and commuter routes. One unit was fully renovated in 2018, offering an updated living space, while the remaining two units present an exciting opportunity for renovation, rental optimization, and increased income potential. Whether you are an investor seeking to maximize returns or an owner-occupant looking to build long-term equity, this multifamily property offers tremendous upside in a desirable location. This is a great opportunity to invest in location, unlock value, and capitalize on the potential for future rental growth.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Finished
Interior:
Fire Extinguisher, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Eat-In Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Dining Room, Eat-In Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
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:
3 Units
Heating Fuel:
Gas-Natural
Cooling:
Ductless,None
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer, Septic 1 Bedroom Town Verified
Utilities:
Electric, Gas In Street
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
City Of Orange Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$789,000
Tax Amount:
$19,223
Land Assessment:
$102,100
Build. Assessment:
$374,900
Total Assessment:
$477,000
Tax Rate:
4.03
Tax Year:
2025
Listing Information
MLS ID:
4060024
List Date:
10-20-2026
Days On Market:
11
Listing Broker:
RE/MAX OUR TOWN
Listing Agent:
Dwayne Durham
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BerkshireHillsLiving.com
