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    232 Ivy Ct Orange, NJ 07050

    Picture of Triplexes at Ivy Ct 232, Orange, NJ
    For Sale
    $789,000

    3 Family, Sde/Sde - Orange, NJ

    Days on Market:
    32
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 232 Ivy Ct

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    Bathrooms
    4

    Utilities

    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    eRealty Advisors, Inc (917) 548-3770 [email protected]

    Listing agent Ikay Henry (201) 932-2005

    Listing date Nov 5, 2025

    MLS# 25039299 Listing URL

    Copyright © 2025 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income Producing 3-Family Property

    This is a well-maintained and upgraded income-producing legal 3-family property located in a desirable neighborhood of Orange, New Jersey. Each unit features its own heating and cooling system, providing comfortable living spaces. The property is commuter friendly, within walking distance of NJ Transit trains that offer direct service to New York City. It is also located just minutes from Interstate 280. The location provides convenient access to supermarkets, restaurants, schools, and parks. This property is suitable for investors or owner-occupants seeking strong rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -74.2316807
    Latitude
    40.7664047

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    FAQs

    What type of property is this?
    Triplex - Well-maintained, upgraded 3-family in Orange, NJ. Commuter friendly.
    Where is this triplex located?
    The property is located at 232 Ivy Ct Orange, NJ.
    What is the asking price?
    The asking price for this property is $789,000.
    What are key features of this property?
    This property features: - Legal 3-Family Income Property; - Each unit has its own Heating and Cooling; - Commuter Friendly: Walking distance to NJ Transit trains with direct service to NYC
    (201) 932-2005
    Request Owner's contact information
    232 Ivy Ct 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
    232 Ivy Ct Orange, NJ 07050
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