Ladies and gentlemen, let me take you on a journey through a property that's more than just a house it's a statement. Nestled in Newark stands a magnificent three-unit home that is the epitome of modern luxury and timeless elegance. This is not just any property; it is a turn-key opportunity for savvy investors or homeowners who are looking to make a smart move and offset their mortgage while living in style. Each of the three spacious units offers three bedrooms, providing ample room for owners or tenants to enjoy. The real showstoppers here are the two units that feature master suites each designed with a touch of class that makes every day feel like a retreat. We're talking about beautifully designed kitchens and baths that showcase quality finishes and thoughtful design. Now, imagine stepping into a home where every inch has been meticulously updated to better-than-new condition. The layouts are bright and airy, with high ceilings that create an expansive feel.
Introducing a stunning 3-family residence in the heart of Newark!Discover a rare investment opportunity in this beautifully maintained home, perfectly located near downtown Newark, major highways, and the airport. Enjoy the perfect blend of convenience, accessibility, and potential for rental income. Features:- 3 units- Prime location near downtown Newark- Easy access to major highways- Close proximity to the airport- Excellent investment potentialDon't miss out on this incredible opportunity to own a piece of Newark's vibrant real estate market! Sold AS IS. The Buyer is responsible for all city certifications.
Welcome to what I call the deal of the year! Don't miss out on this fantastic opportunity to own two properties for the price of one.The first property is a beautifully updated two-family home, featuring 3 bedrooms and 1 bath on each floor, with separate utilities for each unit.The second property is a fully updated bi-level event space, equipped with central air and separate utilities. This versatile space includes 2 baths, with the potential to add a third bath upstairs. Located close to shops, highways, and Newark Penn Station, this unique offering provides the perfect chance to own two income-producing properties. Don't miss out on this exceptional investment opportunity! There is an event Space and a two family property being sold together. The event space is operational. Buyer Responsible for C/O to close but seller can help as well. Two family will be delivered vacant
Discover an outstanding investment opportunity in the heart of Newark, NJ! This spacious and well-maintained three-family home offers a total of 10 bedrooms and 5 bathrooms, making it a perfect choice for investors seeking strong rental income or looking for ample living space. Seller is motivated. Sellers bank will allow new buyer to assume the mortgage at 3.7 percent interest rate . Great Investment Opportunity
Multi-unit property with 3 units newer building well maintained ready to go. Two residential units with one unit occupied and second unit vacant calling all buyers utilize the rental income to pay your mortgage, The first floor is a commercial unit month to month lease or set up your own business. Showing on weekend only will schedule like open houses.
Multi-unit property with 3 units newer building well maintained ready to go. Two residential units with one unit occupied and second unit soon to be vacant calling all buyers utilize the rental income to pay your mortgage, The first floor is a commercial unit either resign the current tenant or set up your own business.
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 also 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
Discover an extraordinary investment opportunity in the heart of Newark! This remarkable 3-family home boasts of 9 bedrooms 4 full baths & a finished basement. This property is conveniently situated in Newark, offering easy access to schools, parks, shopping, dining, and public transportation. It's a golden opportunity for investors and those seeking a versatile and comfortable living space.
Discover an extraordinary investment opportunity in the heart of Newark! This remarkable multi family home situated on a quiet street, boasts of 8 bedrooms and 3 full baths, stands as a shining example of spacious and versatile living. This property is conveniently situated in Newark, offering easy access to schools, parks, shopping, dining, and public transportation. It's a golden opportunity for investors and those seeking a versatile and comfortable living space.
GREAT INVESTMENT PROPERTY WITH SUPER LOW TAXES ($4575). Renovated 2 family property. 1st FL apartment has 2BR and 1BA. 2nd Fl apartment has 4BR and 2BA. Both apartments are vacant.
Very huge building approved for 3 family dwelling. Currently being used a a shelter (Class 1 Shelter) and approved for 39 people. Zoning is already approved for shelter and new owner doesn't need new zoning. However only the building is offered for sale. This landmark historic building features 15 bedrooms, 3 living rooms, laundry room, 3 full and 2 half baths, new heating unit and parking for 4 cars.
Great investment Large four family.
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 07108 has a population of 306,247. Newark 07108 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 07108 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 07108 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.