Welcome to Your Ideal Investment Opportunity! 3-family home offering excellent income potential. The first-floor unit features 2 bedrooms, a spacious living room, dining room, kitchen, utility room, and a full bath. The second and third-floor units each offer 3 bedrooms, a living room, dining room, kitchen, and a full bathroom.
Prime Mixed-Use Opportunity on Springfield AvenueWelcome to 492 Springfield Avenue, Newark, NJ a versatile mixed-use property offering a perfect blend of commercial potential and residential income. This well-positioned building features two spacious apartments, each boasting 3 bedrooms and 1 bath, with separate utilities for convenience and flexibility. The ground-level commercial space is ideal for retail, office, or service businesses, benefiting from high visibility on a bustling thoroughfare in the vibrant West Side neighborhood. With its proximity to public transportation, schools, shops, and other amenities, this property is a magnet for both tenants and customers. Situated in an area of growth and development, it presents a unique opportunity for investors, business owners, or those seeking a live-work space. Don't miss your chance to own a high-potential property in the heart of Newark!
Newark legal three family home in the 07103 zip code offers exceptional potential for investors or homeowners. Featuring 2/4/4 bedroom layouts, a spacious basement, and low taxes, this property is ripe for renovation, with an estimated budget of $200K-$250K allowing for full customization. The first floor unit can be expanded by adding a front-facing room or converted into a duplex by incorporating the basement, potentially creating a fourth unit for increased rental income. Second and third-floor units offer flexibility to add up to four bedrooms, walk-in closets, or additional bathrooms, maximizing tenant appeal and rental income potential. ARV $730 to 800K + with projected rents of $2,000 to $2,500 per unit, the property can generate $8,000 to $10,000+ monthly, depending on the configuration. Situated near Rutgers, NJIT, downtown Newark, and major transit routes like I-78 and Garden State Parkway, it's an ideal location for tenants. The property is sold "AS IS,"
Investors, don't miss out on this incredible opportunity! Located just minutes away from West Side Park, this property is near newer construction and offers a convenient location with easy access to schools, parks, and public transportation. Don't miss your chance to turn this property into a lucrative investment opportunity in the vibrant West Side neighborhood in Newark, NJ! The property is being sold as-is
Large 3 family home featuring 8 bedrooms and 4 full baths. Perfect for INVESTORS with great income producing property.
Construction now completed on this brand new luxurious two family residence. Each unit features open concept living with 3 spacious bedrooms and 2 full bathrooms. High end custom cabinetry, quartz countertops, stainless steel appliances, glistening hardwood floors, laundry facilities, and spa like bathrooms complete this impressive package! Lower level offers a separate recreational space with half bath. Attached two car garage for convenient off-street parking options! 5 year tax abatement! Conveniently located just quarter mile from Route 280 and the Garden State Parkway for convenient access to local malls, sporting events, University Hospital, Newark International Airport, and spectacular Branch Brook Park! 10 Year home warranty included!
Welcome to 408 S 11th St, a spacious multi-family home located in the vibrant city of Newark. This charming property features two separate units, offering a total of seven bedrooms and four bathrooms, along with a bonus unit that adds extra flexibility. The exterior boasts a classic design with well-maintained landscaping and inviting entryways. Inside, each unit is designed for comfort and functionality, featuring generous living areas, updated kitchens, and plenty of natural light. With its prime location near local amenities, schools, and public transportation, 408 S 11th St provides easy access to everything Newark has to offer, presenting an excellent opportunity in a desirable neighborhood. Don't miss out on the chance to own this versatile multi-family residence!
Freshly updated and move in ready 2 family perfect for owner occupant or investor. 2 beds in each unit with the ability to add another bedroom which can add instant equity. Finished basement which adds an ample amount of extra living space as a bonus. Listed at an affordable price with taxes under $10k Close to shops, restaurants, bars, public transportation, schools, and places of worship. Will not last long! Submit your offers today!
No access at this time. No interior showings. Property will not be delivered vacant.Property is being "Sold As Is" SHORT SALE.
Large 3 family property fully occupied. All three apartments have been recently renovated. Hardwood floors throughout all apartments. Large Eat-In kitchens, 2 ensuites with large bedrooms and spacious closets. Good size backyard.
Discover this newly renovated 3-family home in vibrant University Heights, Newark! Each unit boasts 3 bedrooms and 1 bath, ideal for modern living. Enjoy a fresh, vacant space ready for immediate move-in or rental. Located in a dynamic neighborhood with easy access to local amenities and transportation. Don't miss this opportunity to own a versatile property in a thriving community!
Discover this 2 Family home, ideally located in the West Side section of Newark. Each unit features 3 spacious bedrooms and 1 full bathroom, offering comfortable living spaces for residents. The property boasts proximity to downtown Newark, providing easy access to shopping, dining, and entertainment options. Commuters will appreciate the convenience of nearby public transportation and quick access to Newark Liberty International Airport. With manageable property taxes and a location that balances urban amenities with residential tranquility, this home is an excellent opportunity for both homeowners and investors. Property is being sold "As Is".
Come See This Newly Renovated 3 Family Today. It is fully vacant and ready for you. Beautiful Open Concept Design. Kitchen is embellished with quartz counter tops, large island with electrical outlets. All of the units have beautiful and immaculate hardwood floors. The units are very spacious. Complete with individual unit utilities and Central Air Conditioning. All primary suites have their own bathroom. Bonus Room in the 3rd floor apartment as well. All Income and Rents are approximations. This property is vacant and easy to show.
This is a beautiful Mixed use property, First and second floor are used for day care. 3rd floor is beautiful 3 bedroom with 2 bathroom, recently renovated. Daycare on the fist and second is rented. 3rd floor can be use as owner occupy or rent out for extra income.
Discover the charm of 758 S 20th St, a renovated multi-family home featuring three spacious units, each with 3 bedrooms and 1 bathroom. Each unit has fresh paint and contemporary fixtures. Enjoy new kitchens with stainless steel appliances and granite countertops, and stylishly renovated bathrooms. The open-concept living areas are perfect for relaxation and entertaining, while energy-efficient windows and systems ensure comfort and lower utility costs. Located in a vibrant neighborhood with easy access to amenities, parks, and public transportation, this property also includes a shared outdoor space for tenants. Ideal for investors or multi-family living, this turn-key property offers a blend of modern updates and classic appeal.
The median home value in Newark, NJ is $385,700. This is lower than the county median home value of $498,800. The national median home value is $338,100. The average price of homes sold in Newark, NJ is $385,700. Approximately 21.1% of Newark homes are owned, compared to 69.8% rented, while 9.11% are vacant. Newark real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newark real estate agent to arrange a tour today!
Newark, New Jersey 07103 has a population of 306,247. Newark 07103 is less family-centric than the surrounding county with 21.55% of the households containing married families with children. The county average for households married with children is 30.18%.
The median household income in Newark, New Jersey 07103 is $41,335. The median household income for the surrounding county is $67,826 compared to the national median of $69,021. The median age of people living in Newark 07103 is 34.7 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 47.5 inches per year, with 26.1 inches of snow per year.