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    216 Oakwood Pl Orange, NJ 07050

    Pending
    For Sale
    $549,000

    Under/Over, Multi-Family - City Of Orange Twp., NJ

    Lot size:
    0.06 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 216 Oakwood Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen
    Bedrooms
    6
    Bathrooms
    2
    Patio and Porch features
    Deck
    Interior features
    Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
    Exterior features
    Deck
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range, Refrigerator
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)

    Building Details

    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Flat
    Architectural style
    Other

    Keller Williams Mid-Town Direct Realty (973) 762-5400 [email protected]

    Listing agent TOVIA LICHTMAN (973) 762-5400

    Listing date Aug 8, 2025

    MLS# 3967409 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multi-Family Home, Orange

    This renovated two-family home is located in City Of Orange Twp., NJ. Each unit features 3 bedrooms and one bathroom. The property offers the option to live in one unit and rent out the other, or rent out both units for maximum cash flow. The lot size is 0.06 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    McLaurin Graphics LLC ... Graphic Designer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.22789
    Latitude
    40.76401

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    FAQs

    What type of property is this?
    Residential income property - Renovated two-family home in Orange with potential for rental income.
    Where is this residential income property located?
    The property is located at 216 Oakwood Pl Orange, NJ.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: - Renovated 2-family home: Offers immediate appeal and reduced maintenance.; - Income potential: Live in one unit and rent the other, or rent both.; - Each unit has 3 bedrooms and 1 bathroom: Provides ample living space.
    (973) 762-5400
    Request Owner's contact information
    216 Oakwood Pl Orange, NJ 07050
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    Orange, NJ 07050
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    216 Oakwood Pl Orange, NJ 07050
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