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.
Under contract
$1,399,000
219 Orient Way, Rutherford, NJ 07070
6beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Gas fire placeAmple on-street parkingNearby parks
- 71 days
- 89
- 0
Zillow last checked:
Listing updated:
Listed by:
Hamed Kazerani 201-893-5135,
Real
Source: NJMLS,MLS#: 26026358
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Pending sale | $1,399,000 |
Source: | ||
| 7/15/2026 | Listed for sale | $1,399,000+66.5% |
Source: | ||
| 5/22/2015 | Listing removed | $1,450 |
Source: ERA Justin Realty Co. #1511237 Report a problem | ||
| 4/9/2015 | Listed for rent | $1,450 |
Source: ERA/Justin Realty Co. #1511237 Report a problem | ||
| 1/23/2007 | Sold | $840,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment






