Fully Renovated Residential
For Sale
$789,000
562 Tremont Avenue, Orange, NJ 07050
Turnkey triplex with two 2-bedroom units and a finished attic studio, plus updates throughout and off-street parking.
Property SizeContact for details
Days on Market120
Property Features for 562 Tremont Avenue
General Information
Standard status
Active
Total Parking Spaces
5
Property subtype
Multi Family / 3-Three Story
Additional Details
Business Included
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$13,770
Amenities
Yes
No
Asphalt Shingle
Full, Unfinished
Vinyl Siding
Building Details
Year Built
1914
Tenancy
Multi
Listing Agency:
RE/MAX SELECT
(973) 575-6005
Listed By:
MICHAEL G GABRIEL · License #299726
(973) 575-6005
Source:
Compass
Added: Apr 14
Changed: Aug 8
Last Checked: Jul 21 at 5:12AM
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 RE/MAX SELECT
Investment Insights
Based on property information with market context.
Fully renovated residential triplex presented as a turnkey property. The building includes two spacious 2-bedroom, 1-bath units and a 1-bedroom studio located in the finished attic. Improvements reported include hardwood floors, new doors, new siding, updated electrical systems, and brand-new windows, along with stylish new kitchen cabinetry and stainless steel appliances in each unit.
The property also offers a 2-car garage and an expansive driveway with parking for up to three additional vehicles. Public remarks note convenient proximity to public transportation, shopping, schools, and entertainment.
This configuration supports flexible living and rental income, whether used as an owner-occupied setup or held as an income-producing investment.
The property also offers a 2-car garage and an expansive driveway with parking for up to three additional vehicles. Public remarks note convenient proximity to public transportation, shopping, schools, and entertainment.
This configuration supports flexible living and rental income, whether used as an owner-occupied setup or held as an income-producing investment.
Key Highlights
- Fully renovated triplex with two 2‑bedroom, 1‑bath units plus a finished attic 1‑bedroom studio
- Brand‑new windows and updated electrical systems as part of a complete gut renovation
- Hardwood floors, new doors, and vinyl siding throughout
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
976
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Turnkey triplex with two 2-bedroom units and a finished attic studio, plus updates throughout and off-street parking.
Where is this triplex located?
The property is located at 562 Tremont Avenue 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: Fully renovated triplex with two 2‑bedroom, 1‑bath units plus a finished attic 1‑bedroom studio; Brand‑new windows and updated electrical systems as part of a complete gut renovation; Hardwood floors, new doors, and vinyl siding throughout
