229 Orient Way, Rutherford, NJ 07070

Property Description

An incredible, rare gem for serious investors seeking high-yield, turn-key performance! Located in prestigious Rutherford, New Jersey, this immaculate, all-brick 6-unit residential asset was gut-renovated down to the studs in 2007 and features an optimized unit mix of four spacious two-bedroom apartments and two sun-filled studios. Delivering a robust $148,000 in gross annual income with a flawless 100% historical occupancy track record, this property maximizes profitability with fully separated tenant-paid utilities and five on-site garages offering additional rental revenue. Complete with a large basement featuring six secure, private storage units—one for each tenant—and unbeatable proximity to vibrant local shopping, parks, and direct New York City transportation, this fully rented building represents an unparalleled, low-maintenance investment opportunity that will transform your real estate portfolio from day one!