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Listing Courtesy of: 347-819-1834 - ISAIAH SPRINGER - WEICHERT REALTORS 973-376-4545

$759,999

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794 BERGEN STREET Newark, NJ 07108

Multi-Family Residence

8 Beds

3 Baths

2,816 Sq. Ft.

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Last updated on 11/7/2024 4:51 PM

Listing Details

Discover the epitome of investment opportunity with this impeccably maintained 3-family residence nestled in the heart of Newark, NJ's most sought-after locale. Property rents will cover the entire mortgage no matter FHA, VA, Conventional, or Cash . Boasting not only RECENTLY RENOVATED UNITS but als...o immense potential for added value, this property stands as a beacon for discerning investors. With tenants currently on month-to-month leases, the door is wide open for strategic upgrades and rental rate adjustments to maximize your returns.Situated in a prime commuter-friendly area, convenience is paramount. Bus stops conveniently stationed plus a new school across the street and a new police academy a mere block away, safety and education are prioritized.As Newark's landscape undergoes rapid revitalization, investing in this property means positioning yourself at the forefront of growth and development. Seize the opportunity to own a piece of Newark's promising future. Property qualifies for NEWARK LIVE GRANT : provides $20,000 no-interest loans to first-time homebuyers to purchase a home in Newark. Over a five-year period, 20 percent of the loan is forgiven for each full year in which the recipient has lived in the home.MUNICIPAL EMPLOYEE HOUSING ASSISTANCE PROGRAMThis program is similar to the Live Newark Closing Cost Program.. It provides $20,000 no-interest forgivable loans to purchase a home in Newark Continue reading

MLS#

3905487

Property Type

Multi-Family

Bedrooms

Bathrooms

3 Full

Year Built

1902

Square Feet

2,816 sq. ft

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