Welcome to an incredible opportunity to own a well-maintained, legal two-family home in the heart of Newark, NJ. This property is a great investment, offering spacious units. The first unit features an eat-in kitchen, a living room, and three generously sized bedrooms. The second unit offers an eat-in kitchen, a living room, five bedrooms, and two bathrooms. The property also features a very large driveway. Situated in a prime location with convenient access to public transportation, major highways, Newark Penn Train Station, and local stores, this multi-family home is a must-see for investors!
This multi-family home is located at 72-76 Speedway Ave, Newark, NJ. 72-76 Speedway Ave is in the Fairmount neighborhood in Newark, NJ and in ZIP code 07106. It is currently for sale and has been listed on Trulia for 15 days. This property is listed for $820,000. This property has 8 bedrooms and 4 bathrooms. This property has a lot size of 7405 sqft and was built in 1927.
Come and see this marvelous well-kept 2 family home. Tenant occupied on the 1st floor that includes 3 bedrooms and 1 bath. The 2nd floor unit also includes 3 bedrooms and 1 bath which is Vacant. A full unfinished basement with many possibilities and imagination. New owner can live in a unit or use this as an investment opportunity. Near public transportation, restaurants and schools.
Prime Investment Opportunity This income-producing fourplex is ready for immediate occupancy, ideal for the savvy investor and buyers looking to offset expenses with rental income. Located minutes from Seton Hall University, this property offers convenience and rental appeal. Each spacious unit features an oversized kitchen, 2 or 3 bedrooms, a dedicated dining area, and ample closets, ensuring comfort and functionality for tenants. The shared spaces are well-designed, with a private fenced backyard that includes a generous deck perfect for outdoor gatherings. Additionally, a private driveway offering ample off-street parking for tenants and visitors. Separate utilities in the partially finished basement, accessible through a private above-ground entrance, opens possibilities for additional creative uses. The basement adds valuable square footage and functionality to the property without compromising tenant privacy. This fourplex is ideally situated close to South Orange's charming downtown area, known for its array of dining, shopping, and entertainment options. Public transportation is easily accessible, with bus lines and the South Orange Train Station nearby, offering convenient commutes to New York City and other neighboring towns. Quick access to major highways adds to the appeal, attracting tenants who value both suburban charm and urban accessibility. Don't miss out on this outstanding investment opportunity with strong income potential in a sought-after location
Come and see this marvelous well-kept 2 family home. Tenant occupied on the 1st floor that includes 3 bedrooms and 1 bath. The 2nd floor unit also includes 3 bedrooms and 1 bath which is Vacant. A full unfinished basement with many possibilities and imagination. New owner can live in a unit or use this as an investment opportunity. Near public transportations, restaurants and schools.
Great investment opportunity.This 2 Family features 2 Bedrooms, 1 Bath, Living Room and Formal Dining Room in each unit. Each unit also has a front enclosed Porch that can be used as an office, storage or just a spare room.There is also a finished attic that has 1 Bedroom, another room, kitchen and full bath. The basement also has potential to be finished and already has certain systems in place such as plumbing for a full bath and electrical for a room. Property has a driveway with a 3 car garage. Only a 10 min drive from Seton Hall. Home is being sold as is.
Welcome to this fully renovated 3-family home. perfect for both Owner-occupants or investors. This stunning property has been completely renovated from the beams up, offering a modern and fresh living space across all three units. Brand-new heating systems: 3 separate systems for each unit, providing energy efficiency and convenience 3 new hot water tanks. First Floor: Spacious 3-bedroom, 1-bath unit. Potential rent: $2,300/month. Second Floor: Beautiful 3-bedroom, 2-full bath, Primary Bedroom with its own full bath and walk in closest. Potential rent: $2,600/month. Third Floor: 1-bedroom, 1-bath unit, Potential rent: $1,700/month. Washer and dryer hookup ready in 1&2nd unit. A large open basement with future potential for finishing. Owner Occupant or Investment Property Whether you're looking for a multi-family home to live in while renting out the other units, or a pure investment opportunity, this property provides excellent rental income potential. Don't miss out on this turn-key property!
Discover this beautifully maintained two-family home, nestled in the heart of Newark's sought after Upper Vailsburg neighborhood. This spacious, sun-filled property is the perfect investment opportunity with easy access to parks, schools, shopping, transportation to NYC, and is close to Seton Hall University. Each unit offers three ample sized bedrooms, two full baths, including a primary bedroom with an ensuite bathroom, separate living and dining room, and plenty of storage. Both units share a laundry room with a washer/dryer hookup and have separate utilities. The first floor unit also includes a fully finished walkout basement with a bonus room, full bath, and separate entrance. Property is located in R2 Zone. Speak with the town about possible three-family conversion. Showings begin on 10/16.
Discover this beautifully maintained two-family home, nestled in the heart of Newark's sought after Upper Vailsburg neighborhood. This spacious, sun-filled property is the perfect investment opportunity with easy access to parks, schools, shopping, transportation to NYC, and is close to Seton Hall University. Each unit offers three ample sized bedrooms, two full baths, including a primary bedroom with an ensuite bathroom, separate living and dining room, and plenty of storage. Both units share a laundry room with a washer/dryer hookup and have separate utilities. The first floor unit also includes a fully finished walkout basement with a bonus room, full bath, and separate entrance.Property is located in R2 Zone. Speak with the town about possible three-family conversion.
large, fully renovated 2 family home in desirable Upper Vailsburg sect of Newark, close proximity to everything! Updates include new plumbing, separate forced Hot air, hardwood floors through out property. This property has tremendous rental income potential due to it's large apartments and amenities like forced air heat and on site laundry, making it a great opportunity for both investor and owner occupant.
Welcome to 36 Dassing Ave, Newark, NJ! This beautifully renovated property offers modern living with the perks of low property taxes and ample parking available day and night. Perfectly designed for commuters, this home is minutes away from major transportation hubs, offering easy access to New York City, the Garden State Parkway, and the NJ Turnpike, ensuring convenient travel wherever your destination may be.This two-family residence has been completely remodeled?essentially a new construction?with brand-new lights, windows, walls, plumbing, electrical, HVAC systems, and more. Each spacious unit boasts 3 bedrooms, 2 full bathrooms, and a washer/dryer hookup in the basement. The homeowners invested significant time, energy, and resources to create a home of exceptional quality. Don?t miss the opportunity to own this stunning, move-in ready home!
Welcome to this inviting two-family house that's ready for your personal touch! This spacious two-story home features a total of 6 bedrooms, with 3 bedrooms and 1.5 baths on each floor, making it perfect for multi-generational living or as an investment property.While the home could use a little love and updating, its layout offers a fantastic opportunity to create your dream living space. Each unit boasts generous living areas, providing ample room for relaxation and entertaining. This Property is being sold 'AS IS' with know known defects. Additional photos to follow.
Well-maintained 4-family investment property offering a total of 6 bedrooms and 4 bathrooms. An impressive floor plan spanning approx 3,990 sqft is extremely spacious allowing for both 1-bedroom units to be easily converted into 2-bedroom units, providing excellent potential for increased rental income. The potential annual rental income for this property is $88,000, with annual taxes amounting to $7,929. This results in a net annual income of $80,071 before utilities and debt servicing charges. Currently, the rent roll is approximately $68,616 annually. Property has hardwood floors throughout and comes with newer roofing, furnace and windows. Basement is full size, standing height and amazing with unlimited potential. This is a commuter's delight, conveniently located near a NYC bus stop, 5 Minutes' drive to NYC train station, 15 minutes from Newark Liberty Airport, and close to major highways and shopping malls. ( Conventional loans only )
Great opportunity to purchase in the Vailsburg section of Newark. Great quiet street with excellent rental history. House is fully occupied with great tenants. House has been well maintained.
Welcome to this fantastic 3 unit investment property located in a desirable neighborhood! Each unit offers a spacious layout with features such as updated kitchens, modern appliances, hardwood floors, and CENTRAL AIR. Whether you're looking to expand your investment portfolio or seeking a multi-unit property to generate passive income, this 3 unit investment property presents a lucrative opportunity for savvy investors. With 1 unit vacant, this property provides the perfect house-hacking opportunity. Don't miss out on this great investment potential!
1 Brand new 2 fam under home under construction , 1st garage , utility room, rec room, with half bath connection to apartment #1 with 3 bedrooms, living room, dining room, kitchen 2 full baths . Apartment #2 3 bedrooms , living room, dining room, kitchen and 2 baths. Wood and ceramic floors , central ac separate utilities , 10 year HOW , owner occupied house may qualify for 5 year tax abetment laundry hook ups. lot size 35x100 . house foot print 22x61. side yard w 15 feet and future possible driveway
Nice size 2 Family located in the Vailsburg Section of Newark. The Vailsburg neighborhood, offers easy access to public transportation and waking distance to Vailsburg Park that is located on 30 acres of land in the eastern section of Essex County. This lovely 2 family offers two apartments, first Unit is 3 Bedrooms, Eat In Kitchen, Full Bathroom, Living Room, Sun Room. Second Unit is 2 Bedrooms, Full Bathroom, Living Room, Dining Room, Sun Room, Eat In Kitchen. Property offers a 2 Car Garage and a nice size yard, Driveway is shared with neighbor. Basement comes with Utility/Laundry Room with Indoor Oil Tank and 2 Additional Rooms that can be used as Storage or Bedrooms. Easy access to Schools, House Of Worship and walking distance to community gym and pool.
Large 2 Family Home with 2 bedrooms & full bath in attic; finished basement with full bath.Buyer responsible for all city certs.
Welcome to 118 Cedar Avenue, Newark " a versatile 3-unit family home offering ample living space and investment potential. Each unit in this property provides comfortable and spacious accommodations, making it ideal for various living arrangements. Located in a vibrant Newark neighborhood, this property is conveniently situated near local amenities, schools, parks, and public transportation. One of the key advantages of being located on Cedar Avenue is its proximity to major highways and public transit, providing easy access to the broader Newark area and beyond. With its well-maintained interiors and practical layout, 118 Cedar Avenue offers both comfort and convenience. Don't miss out on this opportunity to own a multi-family home in a prime location. Schedule your viewing today!
Discover this spacious multi-unit home, perfect for investment or extended living! Featuring two units, this property offers a total of 5 bedrooms and 3 bathrooms. Each unit is designed for comfort and convenience. The additional basement space provides ample storage or potential for further customization. Don't miss this unique opportunity!
1 BRAND NEW 2 APARTMENTS HOME TO BE BUILD ACCORDING TO PLANS. 1ST FL GARAGE , UTILITY ROOM, REC ROOM W/ HALF BATH CONNECTION TO APARTMENT #1 WITH 3 BEDROOMS LIVING ROOM AND DINING ROOM KITCHEN 2 FULL BATHS. APARTMENT #2 EITH 3 BEDROOMS LIVING ROOM, DINING ROOM , KITCHEN AND 2 BATHROOMS AND LAUNDRY HOOK UPS. WOOD AND CERAMIC FLOORS, CENTRAL AC/HEAT . SEPERATE UTILITIES 10 YEAR HOW OWNER OCCUPIED HOUSE MAY QUALIFY FOR 5 YEAR TAX ABATMENT possible parking in the rear back yard
Great Vailsburg 3 family home. The 2nd and 3rd floors are vacant and ready for renting or living. Parking in rear of building. The home is across the street from a park and close to shopping and public transportation. Unfurnished basement with great storage.
BACK ON THE MARKET DUE TO BUYER's LACK OF PERFORMANCE - Welcome to 66-68 Halsted Avenue! This four-unit building presents an outstanding investment opportunity.As you approach the property, you're greeted by a well-maintained exterior that commands attention. A private driveway leads to the rear of the building, where four designated parking spaces provide convenience for residents and guests.Upon entering the building, you'll be impressed by the recently renovated common areas, featuring updated flooring, lighting fixtures, and tasteful decor that sets the tone for a welcoming atmosphere.Each unit within this multifamily property offers spacious layouts designed to accommodate diverse lifestyles.The basement also houses a laundry room for residents'.Whether you're an investor looking to expand your portfolio or a savvy homeowner 66-68 Halsted presents a compelling opportunity to own a well-maintained multifamily property.Potential Rent Roll $10k+ Sold "as is." Inspections are for informational puroses only,
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 07106 has a population of 306,247. Newark 07106 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 07106 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 07106 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.