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Sold for $1,350,000
  • $1,350,000

    219 Orient Way, Rutherford, NJ 07070

    6beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $1,350,600 Zestimate®
    $--/sqft
    $2,408 Estimated rent

    Home value

    $1,350,600

    $1.24M - $1.46M

    $2,408/mo

    Zestimate® history
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    $9,710/mo

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    What's special

    Gas fire placeAmple on-street parkingNearby parks
    Excellent investment opportunity in the heart of Rutherford! This fully occupied FOUR-FAMILY property features TWO 2-bedroom, 1-bath units and TWO 1-bedroom, 1-bath units, all with Den, Gas Fire Place, Storage, Parking/Garage, and separate utilities. Currently generating a 5.5% cap rate, this turnkey property offers immediate cash flow with significant upside potential. All tenants have expressed a willingness to remain and sign long-term leases with the new owner, creating an excellent opportunity to increase income over time. Market rents would significantly improve the property's return. Located on desirable Orient Way, this is a commuter's dream—just steps from the Rutherford train station and NYC bus service, with downtown shops, restaurants, and cafes' right outside your door. Conveniently located near Routes 17, 3, and 21 for easy access throughout Northern New Jersey and New York City. Additional features include three covered off-street parking spaces, ample on-street parking, highly rated Rutherford schools, nearby parks, and the public library. A rare opportunity to own a stable, income-producing property with strong upside in one of Bergen County's most desirable communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Hamed Kazerani 201-893-5135,

    Real

    Bought with:

    Andres Ospina

    Real

    Source: NJMLS,MLS#: 26026358MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 3
    Details
    • Parcel number: 5600152000000023

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat

    Community & HOA

    Location
    • Region: Rutherford

    Financial & listing details

    • Tax assessed value: $750,000
    • Annual tax amount: $24,000
    • Date on market: 7/15/2026
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    10/9/2026Sold$1,350,000-3.5%
    Source: NJMLS #26026358 Report a problem
    8/20/2026Pending sale$1,399,000
    Source: NJMLS #26026358 Report a problem
    7/15/2026Listed for sale$1,399,000+66.5%
    Source: NJMLS #26026358 Report a problem
    5/22/2015Listing removed$1,450
    Source: ERA Justin Realty Co. #1511237 Report a problem
    4/9/2015Listed for rent$1,450
    Source: ERA/Justin Realty Co. #1511237 Report a problem
    1/23/2007Sold$840,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$24,000 +2.5%$750,000
    2025$23,408 $750,000
    2024$23,408 +2.6%$750,000
    2023$22,815 +1.9%$750,000
    2022$22,380 +1.9%$750,000
    2021$21,968 +6.9%$750,000
    2020$20,543 +1.4%$750,000
    2019$20,258 $750,000
    2018$20,258 +3.7%$750,000
    2017$19,530 +2.8%$750,000
    2016$18,998 +3.2%$750,000
    2015$18,405 -4.1%$750,000
    2014$19,185 +5.1%$750,000 -6.9%
    2012$18,258 +2.5%$805,400
    2011$17,816 +5%$805,400
    2010$16,970 +3.2%$805,400
    2009$16,438 $805,400
    2007-- $805,400
    2006-- $805,400 +206.6%
    2005-- $262,700
    2004-- $262,700
    2003-- $262,700
    2002-- $262,700
    2001-- $262,700
    Find assessor info on the county website

    Neighborhood: Rutherford Manor

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,350,600

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $1,350,600