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$ 775,000
Est. payment | /mo
4 Beds
2 Baths
3,000 SqFt
$ 775,000
Est. payment | /mo
4 Beds
2 Baths
3,000 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $258
MLS Listing ID 4021955
Style 3-Three Story
Bedrooms 4
Full Baths 2
Year Built 1895
Annual Tax Amount $6,002
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Exceptional 2-family home located on a highly desirable block in Newark. This move in ready property features a spacious 4-bedroom, 1-bath first unit and an expansive 6-bedroom, 2-bath second unit, an uncommon layout offering significant income potential. Each unit has separate utilities, providing efficiency and ease of management for both owner-occupants and investors. A full basement offers additional storage and potential for future value-add. Tenant is Month to Month. Ideally situated near all NYC major transportation, shopping, and local amenities. This property is positioned in a strong rental market with consistent demand. A rare opportunity to secure a high-yield, income-producing asset or occupy one unit while generating substantial rental income from the other.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Interior Features Blinds
Heating Gas-Natural
Cooling 2 Units, Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Brick
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by REALTY ONE GROUP PARAMOUNT
Nearby Locations
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Melissa Young
Agent | License ID: 0787303
129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States