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    271 Mount Vernon Ave Orange, NJ 07050

    New
    For Sale
    $510,000

    Triplex, Multi-Family - City Of Orange Twp., NJ

    Lot size:
    0.11 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 9 at 6:06 pm

    Property Features for 271 Mount Vernon Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Bedrooms
    5
    Bathrooms
    3
    Parking
    6
    Patio and Porch features
    Deck
    Exterior features
    Deck
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range, Refrigerator
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1889
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Your Town Realty (973) 865-5050 [email protected]

    Listing agent RONNIE GLOMB (973) 865-5050

    Listing date Dec 9, 2025

    MLS# 4000904 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

    City Of Orange Triplex

    This three-family property presents an investment opportunity with immediate income and value-add potential. It offers flexibility for investors and future owner-occupants. The building includes one unit with 2 bedrooms and 1 bathroom, a second unit with 2 bedrooms and 1 bathroom, and a third unit with 1 bedroom and 1 bathroom. One unit is currently occupied and generating income. All utilities are fully separated. The property is being sold as-is, offering buyers the opportunity to renovate, customize, or reposition the building. This property is suitable for a house hack, where the owner can occupy one of the two vacant 2-bedroom units and use the income from the other two units to offset the mortgage. Located in City Of Orange Twp., NJ, on a lot of 0.11 acres, this multi-family property offers built-in income and multiple exit strategies.
    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 Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange
    County
    Essex
    State
    New Jersey
    Longitude
    -74.22997
    Latitude
    40.78106

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    FAQs

    What type of property is this?
    Triplex - Three-unit property with income potential in City Of Orange.
    Where is this triplex located?
    The property is located at 271 Mount Vernon Ave Orange, NJ.
    What is the asking price?
    The asking price for this property is $510,000.
    What are key features of this property?
    This property features: - Immediate income generation from currently occupied unit.; - Value-add potential through renovation and customization.; - House hacking opportunity: live in one unit and rent out the others.
    (973) 865-5050
    Request Owner's contact information
    271 Mount Vernon Ave 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
    271 Mount Vernon Ave Orange, NJ 07050
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