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$ 675,000
Est. payment | /mo
8 Beds
4.5 Baths
6,000 SqFt
$ 675,000
Est. payment | /mo
8 Beds
4.5 Baths
6,000 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $112
MLS Listing ID 4044025
Style 3-Three Story
Bedrooms 8
Full Baths 4
Half Baths 1
Year Built 1912
Annual Tax Amount $12,140
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Excellent investment opportunity in the heart of Newark! This well-maintained three-family property features spacious units, each offering 3 bedrooms. The first-floor unit includes 1 full bathroom, the second-floor unit offers 2 full bathrooms, and the third-floor unit features 1.5 bathrooms, providing comfortable layouts for tenants or owner-occupants.The property is currently tenant-occupied, with one unit to be delivered vacant at closing, offering immediate flexibility for an owner-occupant or the opportunity to secure a new tenant at market rent.Additional features include an unfinished basement with ample storage potential, a walk-up attic for extra storage, and generously sized living spaces throughout.One of the standout features of this property is its location backing up to Mildred Helms Park, providing a peaceful green space just steps from your backyard. Enjoy easy access to outdoor recreation, walking paths, playgrounds, and open space right outside your door.Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers incredible potential. Conveniently located near major highways, public transportation, shopping, schools, and local amenities.Don't miss this fantastic opportunity schedule your private showing today!
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Heating Gas-Natural
Cooling 3 Units
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No

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Listed by GENESIS REALTY & NOTARY SERVICES
NEARBY SCHOOLS & PROPERTIES
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David Burris
Principal / Agent | License ID: 1973254
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