82 Park Place, South Orange – UNDER CONTRACT!

82 Park Place, South Orange – UNDER CONTRACT!

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Property Details

RARE OPPORTUNITY! Perfect for an owner who wants rental income, or an investor looking for consistent passive income. Grandfathered in multi-family in historic Montrose. This beautifully renovated 2-family boasts high ceilings, original details, hardwood floors and plenty of natural light. 100% occupancy since 2016 and delivered vacant to optimize market rents.  Both units feature fully renovated bathrooms w/ white subway tile and basket weave floors and expertly renovated kitchens w/SS appliances and breakfast nooks.

New 2nd-floor unit boiler (2018), new kitchens and main floor baths (2016), updated electric (2016), several new windows, and freshly painted interior/exterior (2022). The 1st fl unit features 2 large BR w/ bonus room – perfect play space or home office – and 1 full bath.  The 2nd unit occupies the top two floors and boasts 5 large BR plus bonus room and 2 full baths. Extra large finished basement w/ powder room and laundry w/ dedicated machines for each unit. Outside, find a 2 car garage w/ plenty of room for parking, shared patio for grilling, and a sizable yard. Ideally situated across from beautiful Grove Park, 1/2 mile to Seton Hall, and less than 1 mile from South Orange downtown/trains.

List of Improvements
  • Newer kitchens in both units (stainless steel appliances, granite counters, new cabinetry)
  • Newer bathrooms on main floor of both units (classic white subway tile with basketweave black and white floor)
  • Updated electrical panel 2016
  • Installed new boiler for 2nd floor unit 2018
  • Painted exterior and partial interior 2022
  • Several new windows throughout
  • New carpeting in common areas/stairways 2022
Floorplan
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Close to Mountain Station, schools, restaurants, parks, stores, and more!

Disclosures
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Call or email us to schedule a private showing!
info@adamsonramsey.com or (973) 991-9954

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