579 Nassau St, City Of Orange Twp., NJ 07050

• 4 beds |
• 2 baths

Property Description

Turnkey two-family investment opportunity in the heart of Orange's vibrant Valley Arts District fully renovated in 2021 and already generating strong income with additional upside.Each unit offers 2 bedrooms and 1 full bathroom, thoughtfully updated to blend modern convenience with clean, functional design. Both apartments feature stylish kitchens with stainless steel appliances (including dishwashers), in-unit stackable washer/dryers, and fully renovated bathrooms. Refinished hardwood floors and reconfigured layouts enhance flow and livability throughout.Major 2021 capital improvements include updated electrical and plumbing systems, new kitchens and baths, and the addition of individual mini-split systems in each unit for efficient heating and cooling keeping operating costs predictable and appealing to tenants.Both units enjoy access to a private back yard - a desirable feature in the neighborhood. Ideally situated just moments from local favorites including Libretti's and Hat City Kitchen, and approximately two blocks from Highland Place NJ Transit station, offering convenient access to NYC and surrounding areas.Financial Highlights:Current Monthly Income: $4,125Potential Rent Increase: Unit 1 currently listed at $2,250Monthly Operating Expenses: $1,373Net Operating Income (NOI): $33,024 annuallyA clean, income-producing asset with modern systems already in place ideal for investors or owner-occupants seeking low-maintenance ownership with strong fundamentals.

Listing Status:

Pending

Data Last Updated:

May 10, 2026 at 6:40AM

Listing Office:

COLDWELL BANKER REALTY : 973-378-8300

MLS ID:

4015238

Interior

• General: Carbon Monoxide DetectorFire ExtinguisherHigh CeilingsSmoke DetectorVinyl-Linoleum FloorsWood Floors
• Basement: Unfinished
• A/C: Multi-Zone Cooling
• Heating: Multi-ZoneGas-Natural

Exterior

• General: WoodDeckOpen Porch(es)PatioPrivacy Fence
• Parking: Parking spaces: 0

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: On-Street Parking
• Zoning: 1617-05004-0000-00029-0000-

Utilities

• Utilities: Gas-Natural
• Water: Public Water
• Sewer: Public Sewer