Newark NJ Multi Family for Sale

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

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 )

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

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

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Large 2 Family Home with 2 bedrooms & full bath in attic; finished basement with full bath.Buyer responsible for all city certs.

ADDITIONAL INFORMATION

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!

ADDITIONAL INFORMATION

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!

ADDITIONAL INFORMATION

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

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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,

ADDITIONAL INFORMATION

THE "DUCHESS OF NEWARK" MODEL IN VAILSBURG - 3,791 SQUARE FEET OF LUXURY LIVING SPACE. 2-CAR BUILT IN GARAGE, CENTRAL AIR CONDITIONING, AND HARDWOOD FLOORS/CERAMIC TILE THROUGHOUT. ELIGIBLE FOR 5-YEAR TAX ABATEMENT. ESTIMATED DATE OF OCCUPANCY: 1-15-25. LISTED RENTS ARE ESTIMATED, NOT GUARANTEED.

ADDITIONAL INFORMATION

DISCOVER AN EXTRAORDINARY INVESTMENT OPPORTUNITY IN THE HEART OF NEWARK. THIS REMARKABLE 3-FAMILY HOME, BOASTING 9 BEDROOMS & 6 FULL BATHS, STANDS AS A SHINING EXAMPLE OF SPACIOUS & VERSATILE LIVING. CONVENIENTLY SITUATED IN NEWARK, THIS PROPERTY OFFERS EASY ACCESS TO SCHOOLS, PARKS, SHOPPING, DINING & PUBLIC TRANSPORTATION. IT'S A GOLDEN OPPORTUNITY FOR INVESTORS OR THOSE SEEKING A VERSATILE & COMFORTABLE LIVING SPACE.

ADDITIONAL INFORMATION