Newark City, NJ 07112
Price: $685,000
GSMLS: 3980046Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 8
Baths: 4 Full
Garage: No
Year Built: 1917
Acres: 0.06
Property Tax: $5,548
Description
Spacious Renovated Multi-family Home In Prime Newark Location Perfect For First-time Buyers In The Heart Of Newark! Offering The Perfect Blend Of Comfort, Income Potential, And Location. Featuring 7 Bedrooms And 4 Full Bathrooms, This Home Was Fully Renovated In 2017 And Is Ideal For Both Investors And First-time Homebuyers. Each Unit Offers Spacious Layouts, Modern Finishes, And Great Natural Light. Unit 2 Is Currently Vacant, Making This An Excellent Opportunity For An Owner-occupant To Move In Right Away And Offset The Mortgage With Rental Income From The Other Units. Property Highlights: 7 Bedrooms / 4 Bathrooms Renovated In 2017 With Modern Upgrades. Updated Kitchens, Baths, And Mechanicals Convenient Location Near Schools, Parks, And Transit, Excellent For First-time Buyers Or Investors, Live In One Unit, Rent The Rest, And Start Building Equity While Enjoying The Benefits Of Multi-family Ownership. Don't Miss This Rare Opportunity In One Of Newark's Most Accessible And Growing Neighborhoods!
General Info
Style:
2-Two Story
SqFt Building:
2,372
Total Rooms:
10
Basement:
Yes - Full, Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Off-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Family Room, Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,Dishwshr,FireAlrm,Microwav,RgOvGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Family Room, Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,Dishwshr,FireAlrm,Microwav,RgOvGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
HAWTHORNE
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$685,000
Tax Amount:
$5,548
Land Assessment:
$29,700
Build. Assessment:
$116,200
Total Assessment:
$145,900
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3980046
List Date:
08-07-2025
Days On Market:
0
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BerkshireHillsLiving.com
