458 Fairview Ave Orange, NJ 07050
MULTI_FAMILY - City Of Orange Twp., NJ
Property Features for 458 Fairview Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 4, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 2, Basement, Bedroom 5
- Parking
- 4
- Standard status
- Pending
- Size
- 2,973 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15938
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Steam
- Water source
- Public
Building Details
- Year built
- 1901
- Floors in Building
- 3
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent PETER BOUTROS License #300361 (866) 201-6210
Listing office EXP REALTY, LLC 28 VALLEY ROAD #1, Montclair, NJ (866) 201-6210
Listing date Mar 24, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located at 458 Fairview Ave in City of Orange Twp., NJ, the property is described as convenient to NYC transportation and major highways, with nearby shopping, schools, and parks.
With two units in place, the property can support both tenant-occupied use and owner-occupant scenarios, depending on how the units are configured for occupancy.
Key Highlights
- 3‑story 2‑unit property built in 1901 with a total of 7 bedrooms and 4 bathrooms
- Each unit features spacious layouts with natural light (per remarks)
- 1‑car garage at the rear plus additional off‑street parking
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.0k | $25.56 |
| − Vacancy | −$4.9k | −$1.65 |
| EGI | $71.1k | $23.91 |
| − OpEx | −$21.3k | −$7.17 |
| NOI | $49.8k | $16.74 |
