Mid-Town Direct Realty - Octavio Mendes
1/29
Listing Courtesy Of: RE/MAX First Realty II, 908-664-1500, Olivier Louis
Local Realty Services Provided By: Keller Williams Realty City Life JC
Overview
What It'll Cost
Neighborhood
Similar Homes

$995,000
70 Orchard Street, Newark, NJ 07102
6 Beds
5 Baths
$995,000

70 Orchard Street, Newark, NJ 07102

Estimation provided by Keller Williams Realty Inc.
6 Beds
5 Baths
Active - Active
For Sale

Property Description

Location, Location, Location! This exceptional property is within walking distance to Penn Station and the vibrant downtown area, offering convenient access to top amenities like the Prudential Center, Whole Foods, and much more. In 2024, this home generated an impressive $124,850 in AirBNB gross income. Home will be delivered vacant are ready for you to move into. Although built in 2002, the current owner has tastefully updated the entire home, blending modern finishes with timeless charm. The ground floor is fully finished and includes a private room, open concept living area and full bath perfect for guests or additional income potential. The first floor unit boasts 3 bedrooms, 2 full baths, a spacious living and dining room and kitchen. The second floor unit also features 3 bedrooms, 2 baths, a large living and dining room, kitchen and office/walk-in storage unit. There is a garage and additional parking in the backyard. A truly unique property in a prime location!

Property Details

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Overview
Property Type
2-4 Family
Days on Site
16 Days
Parking
2 Parking Spaces
Team Moscoso Mendes
Mid-Town Direct Realty
Broker of Record

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $995,000
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Price & Tax History

Date
Event
Price
03/08/2025
Listed
$995,000
(+362.79%)
01/24/2017
Sold
$215,000
(-42.67%)
11/01/2002
Sold
$375,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$8,914
(-0.21%)
$239,100
Land 36,500 + Additions 202,600
2022
$8,933
(+0.05%)
$239,100
Land 36,500 + Additions 202,600
2021
$8,928
(-0.72%)
$239,100
Land 36,500 + Additions 202,600
2019
$8,993
(+1.84%)
$239,100
Land 36,500 + Additions 202,600
2018
$8,830
(+3.74%)
$239,100
Land 36,500 + Additions 202,600
2017
$8,512
$239,100
Land 36,500 + Additions 202,600
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from Lincoln Park
Car-Dependent Walkable Very Walkable
Team Moscoso Mendes
Mid-Town Direct Realty
Broker of Record

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Listing Courtesy Of: RE/MAX FIRST REALTY II, 908-664-1500

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