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$ 475,000
Est. payment | /mo
2 Beds
2 Baths
2,940 SqFt
$ 475,000
Est. payment | /mo
2 Beds
2 Baths
2,940 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,940 sqft
Price per Sqft $161
MLS Listing ID 4036447
Style Duplex-Side by Side, Fixer Upper
Bedrooms 2
Full Baths 2
Year Built 1941
Annual Tax Amount $4,486
Tax Year 2025
Lot Size 4,791 Sqft
Property Description
Exceptional Investment Opportunity in Newark! Calling all investors, contractors, developers, and savvy owner-occupants looking to capitalize on one of Newark's growing neighborhoods. This side-by-side duplex offers two spacious units, each featuring 2 bedrooms, a comfortable living room, large eat-in kitchen, and a versatile bonus room that can be used as a dining room, den, home office, playroom, or additional living space?the choice is yours. Adding even more value is a detached 4-car garage, offering excellent potential for storage, workshop space, contractor use, hobbyists, or additional rental income opportunities. The property features newer gas furnaces and hot water heaters, providing a solid foundation for future improvements. With great bones and tremendous upside potential, this is an ideal opportunity for those looking to renovate, build equity, or expand their investment portfolio. Conveniently located near parks, schools, shopping, public transportation, Newark Liberty International Airport, and major highways. Situated approximately 2 miles from the exciting new Lionsgate Newark Studios development, a transformative project expected to bring jobs, investment, and continued growth to the area. Buyer is responsible for all inspections, certifications, municipal requirements, Certificate of Occupancy, and any and ALL repairs required to close.
Location
State NJ
County Essex
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural, See Remarks
Cooling None
Heat Source Gas-Natural, See Remarks
Exterior
Exterior Feature Vinyl Siding, Wood
Parking Features Detached Garage
Garage Spaces 4.0
Utilities Available Electric, Gas In Street, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style Duplex-Side by Side, Fixer Upper
Others
Senior Community No
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