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Modernized Two-Family Residential Property
For Sale
Contact for pricing
Pending

534 Morris Street, Orange, NJ 07050

Turn-key, updated duplex with two separate units and a finished basement for shared convenience.

Property SizeContact for details
Days on Market86

Property Features for 534 Morris Street

General Information

Standard status Pending
Property subtype Multi Family 2-4 Units

Additional Details

Multifamily Units 2
Listing Agency: Realty Mark Central
Listed By: Johnny Nunez
Source: Capmarkrealty
Added: Jun 18 Changed: Sep 8 Last Checked: Sep 10 at 5:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Mark Central

Investment Insights

Based on property information with market context.

This modernized two-family duplex was gutted to the studs and brought up to current systems and finishes, including a new roof, siding, windows, electric, plumbing, floors, and sheetrock. Unit one offers two bedrooms plus an updated full bath, porch, dining room, living room, and a kitchen with matched stainless appliances and quartz counters. Unit two features three bedrooms, an updated full bath, porch, living room, and a kitchen with matched stainless appliances and granite counters. A finished basement adds a laundry area and a larger open space suited for entertainment.

The property is positioned near public transportation, including a train station, as well as a shopping center and major highways. WalkScore is 66 (somewhat walkable) and BikeScore is 47 (somewhat bikeable), supporting day-to-day accessibility.

For owner-occupants or investors, the layout provides two distinct residential units with updated kitchens and baths, plus an additional finished basement area that can support everyday living needs. The extensive renovation scope and refreshed building components can help reduce near-term maintenance concerns for a new buyer.

Key Highlights

  • 1927‑built duplex modernized to the studs with a new roof, siding, windows, electric, plumbing, floors, and sheetrock
  • Two separate units: Unit 1 has 2 bedrooms, an updated full bath, porch, dining room, living room, and an updated kitchen with stainless appliances
  • Unit 2 has 3 bedrooms, an updated full bath, porch, living room, and an updated kitchen with stainless appliances and granite counters

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair Grocery & Convenience Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

668
Businesses Nearby

Demographics for 07050, NJ

34,315
Population
13,412
Households
2.6
Avg Household Size
36
Median Age
21%
College-Educated
80%
High-School Grad
2.2 sq mi
ZIP Area
15,598
Density / Sq Mi
$53,109
Median Household Income
$38,587
Median Earnings
$1,427
Median Rent
$336,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Turn-key, updated duplex with two separate units and a finished basement for shared convenience.
Where is this duplex located?
The property is located at 534 Morris Street Orange, NJ.
What are key features of this property?
This property features: 1927‑built duplex modernized to the studs with a new roof, siding, windows, electric, plumbing, floors, and sheetrock; Two separate units: Unit 1 has 2 bedrooms, an updated full bath, porch, dining room, living room, and an updated kitchen with stainless appliances; Unit 2 has 3 bedrooms, an updated full bath, porch, living room, and an updated kitchen with stainless appliances and granite counters
More about this property
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