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$ 550,000
Est. payment | /mo
5 Beds
3 Baths
2,613 Sqft Lot
$ 550,000
Est. payment | /mo
5 Beds
3 Baths
2,613 Sqft Lot
Open House
Sun Jun 28, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4036993
Style 2-Two Story
Bedrooms 5
Full Baths 3
Annual Tax Amount $7,466
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Excellent investment opportunity or owner-occupant property in the desirable North Newark section! This move-in-ready 2-family home features a spacious vacant first-floor unit with 2 bedrooms, offering the perfect opportunity for an owner-occupant or to generate additional rental income at market rent. The second-floor unit offers 3 bedrooms and is currently rented for $2,100 per month. The fully finished basement provides additional living space and is currently rented for $1,100 per month. The property has a long private driveway with ample off-street parking, a highly sought-after feature in Newark. Well maintained and ready for its next owner, this property offers strong income potential while allowing an owner to move right in. Conveniently located near transportation, major highways, shopping, schools, and parks. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this is an opportunity you don't want to miss!
Location
State NJ
County Essex
Rooms
Basement Finished
Interior
Interior Features Carbon Monoxide Detector, Smoke Detector
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features None
Utilities Available Gas-Propane
Roof Type Asphalt Shingle, Flat
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS TEAM REALTY
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