Newark NJ Multi Family for Sale

ADDITIONAL INFORMATION

Buy one house and get two lots in the process! An incredible opportunity to purchase a fabulous 2-family home with a bonus third floor unit on a Double Lot. Welcome to 372-374 Summer Ave, a rare find in the sought-after Forest Hills section of Newark! This 2-family home situated on a double lot, offers not only incredible living space but also an excellent investment opportunity. Each unit boasts spacious living areas, high ceilings, hardwood floors, and loads of natural light. Both units feature 2 bedrooms, 1 bathroom, and ample space for comfortable living. The third-floor unit is a delightful bonus featuring 2 bedrooms, 1 bathroom, a cozy living area, and a kitchen-area. The fully finished basement offers an in-law suite with a bonus room, a kitchenette, and a full bath. The expansive double lot offers endless possibilities. The empty back lot is flanked on each side by newly constructed multifamily homes that are great examples of what can be built here. While the front lot is accessed from Summer Ave, the back lot has an entrance of its own on Woodside Ave. This property is perfect for a homeowner seeking a spacious residence on a large lot with rental income potential or a savvy investor looking for a remarkable opportunity to build in a sought-after location. All units are currently rented below market value and tenancy is month-to-month. Home is being conveyed in As-Is condition!

ADDITIONAL INFORMATION

Ideal for both investors and owner-occupants alike, this gem of a property offers versatility and promise. Each unit, currently occupied on a month-to-month basis, presents an opportunity for stability or potential reconfiguration according to preference. This expansive 3-family residence boasting nearly 3,700 square feet of luxurious living space. Currently fetching a robust gross income exceeding $5,000 per month, this property presents an exceptional investment opportunity with the potential to elevate revenue to over $6,000 monthly by increasing the below market rent units. Separate utilities for each. Also, one or two units can be delivered vacant. Nestled within a prime location, this property has the convenience of being just a 10 minutes walk from the light rail station so commuting to Newark Penn Station becomes effortless, offering seamless access to the bustling cityscape. Enjoy leisurely strolls to the esteemed Branch Brook Park just 5 minutes away, while major thoroughfares such as Route 280, Route 21, and the Garden State Parkway ensure easy connectivity to all destinations. Don't miss out on this rare chance to secure your slice of urban paradise.

ADDITIONAL INFORMATION

This 2 Family with Finished Attic and Basement property is a great opportunity with Low taxes. The 1st floor offers living room, eat in kitchen, 2 bedrooms, bathroom, and on the second level offer living room, kitchen, 2 bedrooms, bathroom, The top unit includes an additional large third-floor bedroom and bathroom. Finished Basement with 1 bathroom. Spacious backyard, great for entertainment and barbecuing. Conveniently located near schools, parks, public transportation, close to major highways routes 21, 78, 280, and the Garden State Parkway, and NYC commute.

ADDITIONAL INFORMATION

Coming up! 2 family brand new oversize home under Construction. Building size 21x67. 1st floor apartment- 3 bedrooms, 2 full bath and 1 half, recreation room on garage level. 2nd floor- 3 bedrooms, 2 full bath. Deliver finished and vacant. Great location, just off rte 21. Walking distance to Broad's street train station.

ADDITIONAL INFORMATION

2 Family large house. 2nd floor has 6 bedrooms and 2 bathrooms. Separate utilitiesCan be delivered vacant

ADDITIONAL INFORMATION

2 Family with partially finished basement and parking spot in front of house. Recently renovated. Separate utilities. Deliver vacant at closing!!

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

WELCOME!!!! TO THIS RARE OPPORTUNITY!!! One of a Kind Three -family home located in the sought-after historic district of the Forest Hill section of Newark, just a few blocks from Branch Brook Park "The Ballantine Gates" Cherry Blossom Center, Branch Brook Park Light Rail Station with "EASY NYC COMMUTE, well-maintained four apartments, finished basement, utility room, separated utilities, etc. Exterior Solid brick front with Balconies, Driveway, and detached two-car Garage Don't t miss out either for first-time home buyers or for investors.

ADDITIONAL INFORMATION

Welcome to your dream investment opportunity in the heart of Newark, NJ! This beautifully renovated two-family home boasts modern amenities, ample living space, and a prime location. Whether you're an investor looking for a lucrative rental property or a homeowner seeking additional rental income, this property is perfect for you.**Key Features:****First Unit:**- 2spacious bedrooms- 2 full bathrooms- Open-concept living and dining area- Modern kitchen with stainless steel appliances and granite countertops- Hardwood floors throughout- Access to a finished basement, perfect for additional living space or storage**Second Unit:**- 4 generously sized bedrooms- 3 full bathrooms- Bright and airy living room- Updated kitchen with high-end finishes- Hardwood floors throughout- Access to a finished attic, ideal for a home office, playroom, or extra bedroomBasement ? 1 bedroom ? 1 full bath ? Spacious basement ? Kitchenette ? Basement has seperate entrance for tenant access

ADDITIONAL INFORMATION

Back on Market! Splendid 2-family house with classic charm and a well-maintained facade. It also features a long 1 car-width driveway that can fit up to 5 cars. The interior boasts large windows for natural lighting. Unit 1 has 2br, 1ba, Kitchen and Living Room. Oh the other hand Unit 2 has 4br, 2ba, Kitchen and Dining Room. Each unit has an updated kitchen with sleek stainless steel appliances and wooden cabinets. Its huge backyard is prefect for any activity. Conveniently located near shops, schools, parks, transportation. Great investment property! Schedule showing and send offers asap!

ADDITIONAL INFORMATION

Great Opportunity to Own This Two-Family Home for Investment or to Live In! Located in Newark's North Ward, this property won't last long! Act quickly to secure this beautiful, move-in-ready home with separate utilities for each unit. It is close to shopping, public transportation, and more.

ADDITIONAL INFORMATION

Completely renovated 2 family home located in the very desirable part of Newark. This gorgeous income producing/investment property is ready for you. It features 3 floors, 7 bedrooms, 2 full bathrooms and eat-in kitchen. All the floors have separate entrances, the large basement is ready to be converted into extra living space or laundry room. The choice is yours. Perfectly located 1 block from Branch Brook Park, .03 miles from Cathedral Basilica of Sacred Heart, .08 miles from Roberto Clemente Elementary School, 1.1 miles from Tops Diner, .7 mile from route 280, 1.2 mile from route 21, 1.8 miles from University Hospital, 2 miles from Newark Penn station, 1.7 miles from NJ Performing Arts Center, 3.2 miles from Red Bull Arena, 1.1 miles from Rutgers Business School, 6.3 miles from Newark International Airport, 2.7 miles from Ferry Street restaurants and shopping area, 1.1 miles from NJIT and 9.7 miles from NYC.

ADDITIONAL INFORMATION

Commercial space on the ground floor and two apartments on top, 2nd floor consists of 3 bedrooms and 2 bathrooms and 3rd floor consists of 3 bedrooms 1 bathroom. Close to major highways, public transportation and shopping

ADDITIONAL INFORMATION

ROOMING HOUSE... Attention Investors... Wonderful opportunity to own this 11-bedroom property. The 1st floor includes five bedrooms, a living room, 1 kitchen, and 2 bathrooms in total. The 2nd floor includes 4 bedrooms and a full bathroom. The 3rd adds 2 bedrooms and a full bathroom. One of the bedrooms contains a small kitchen. A newer gas boiler supplies heating for the entire building. Large multi-car driveway and newer roof. There is much room to improve, and some cosmetic updates would go a long way.