89 5th Avenue, Newburgh, NY 12550
Orange County
Key Facts
Description
Incredible Investment & Development Opportunity! Step back in time with this charming 1800s Colonial situated on a beautiful 3.1-acre parcel offering endless possibilities. This home features 3 bedrooms, 1.5 bathrooms, and a spacious detached two-car garage with impressive 12-foot ceiling, perfect for storage, a workshop, or hobby space. What truly sets this property apart is its exceptional potential. A proposed subdivision for four additional building lots is nearly completed, creating a rare opportunity for investors, developers, or anyone looking to maximize future value. With an existing tenant already in place, buyers may benefit from immediate rental income while exploring future development opportunities. Enjoy the best of both worlds, peaceful country living with convenient access to parks, shopping, restaurants, schools, and major commuter routes. The picturesque setting, mature trees, and expansive acreage make this a truly special property. Whether you're looking for an investment property, development opportunity, or a charming historic home with room to grow, this unique offering deserves your attention. Long term tenant would love to stay and continue renting. PLEASE do NOT drive up the driveway without a confirmed appointment with a Licensed Agent. Thank you.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Colonial
Year Built
1847
Living Area
1,336 sq ft
Lot Size
3.10 acres
Garage Spaces
2
Parking Spaces
6
Days on Market
2
MLS® Listing#
1010502
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Lot Features
Construction
Utilities
Sewer
Water Source
Rooms
- Bathroom 1First
- Bathroom 2Second
- Bedroom 1Second
- Bedroom 2Second
- Bedroom 3Second
- KitchenFirst
- Living RoomFirst
Schools
- Elementary:
- Newburgh
- Middle:
- Newburgh
- High:
- Newburgh Free Academy
Financial Details
Annual Taxes
$4,510
Assessed Value
$38,700
Parcel Number
334600-069-000-0004-006.100-0000
Directions
Gardnertown Rd or S Plank Rd to 89 5th Avenue
Affordability Calculator
$92,000
Estimated monthly payment
$2,448/mo
Principal $368,000 · Est. interest $513,393 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newburgh, NY
- $429,545
- Median Listing Price
- 69
- Median Days on Market
- 2,096
- Median Sq Ft
- $237
- Median Price / Sq Ft
- 153
- Active Listings
- This home’s price is 7% above the area median.
- Its price per sq ft is 45% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newburgh, NY.
Location
- 89 5th Avenue, Newburgh, NY 12550
Points of Interest in Newburgh, NY
Showing the Newburgh area map.
Nearby Schools
Gardener Town Fundamental Magnet
Elementary · 0.8 mi away
Tots-N-US
School · 1.1 mi away
Gidney Avenue Memorial School
Elementary · 1.6 mi away
Newburg Free Academy
School · 1.6 mi away
North Junior High School
Secondary · 1.7 mi away
Nfa West
School · 1.7 mi away
Meadow Hill Global Explorations Magnet School
Elementary · 1.7 mi away
Fostertown School
Elementary · 1.9 mi away
Balmville Elementary School
Elementary · 1.9 mi away
Bishop Dunn Memorial School
School · 2.2 mi away
Head Start of Eastern Orange County
School · 2.2 mi away
H VCS
School · 2.2 mi away
Sacred Heart School
School · 2.2 mi away
San Miguel Academy
School · 2.4 mi away
Horizon-on-the-Hudson Magnet School
Elementary · 2.4 mi away
Newburgh Enlarged City School District
School · 2.5 mi away
South Middle School
Secondary · 2.8 mi away
Temple Hill School
Elementary · 3.1 mi away
Heritage Middle School
Secondary · 3.2 mi away
New Windsor School
Elementary · 3.5 mi away
Commute Calculator
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|---|---|---|---|---|
| 9 E Stone Street, Newburgh, NY | $329,000 | 3 | 2 | 1,711 |
| 42 Carpenter Avenue, Newburgh, NY | $329,923 | 3 | 2 | 1,320 |
| 97 Maple Street, Newburgh, NY | $330,000 | 3 | 1 | 1,344 |
| 396 Liberty Street, Newburgh, NY | $339,000 | 3 | 1 | 1,536 |
| 51 Dubois Street, Newburgh, NY | $346,643 | 6 | 2 | 2,216 |
| 103 N Pierpont Avenue, Newburgh, NY | $349,000 | 2 | 2 | 1,100 |
Moving Cost Estimate
EXIT Agents in Newburgh
Listing Courtesy: Gillespie Real Estate LLC - 8455657073
Presented by: Jodi M Gillespie
Fair Housing Notice