Explore a promising investment opportunity at 601 N 6th St, Newark NJ. This property, ideally located just minutes from the highly desirable Branch Brook Park, offers substantial potential for savvy investors seeking to capitalize on Newark's thriving real estate market. This is a very well-maintained 6 unit apartment building that features 6 bedrooms and 6 bathrooms, complemented by moderate updates in some of the unit's kitchens and bathrooms. The building is a great opportunity for rental income for today and the future. Don't miss out on this opportunity to acquire a lucrative investment property in Newark's thriving real estate market.
Welcome to a prime investment opportunity in Newark, NJ! This multi-family property, with two legal units, holds enormous potential for investors. With some updates, this property can become a cash-flow powerhouse. Prime multi-family property features 6 bedrooms and 2 bathrooms. Very spacious master bedroom for tenant's comfort! Master bedroom also comes with an office that can be converted into a walk in closet! This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Don't miss the chance to add this property to your portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.
Great Property
Great property
Building for sale consists of a storefront business being used as a cafe and 3 apartments, great investment property or owner occupied in the heart of the Ironbound section. Schedule your showing today.
This incredible investment opportunity is located in the heart of downtown Newark, an area undergoing a major development boom that is driving real estate prices upward. Surrounded by extensive redevelopment, this property holds unlimited potential. Situated in Newark's historic downtown district, it is near the Prudential Center, shopping centers, restaurants, and both public and charter schools. Just minutes from Newark Penn Station, major highways, public transportation, and Newark Airport, this location offers unparalleled convenience. Be part of the New Newark renaissance and make this beauty your own. With its proximity to schools, colleges, hospitals, and a bustling downtown filled with great eateries, this property presents a unique chance to invest in a vibrant and rapidly evolving community. Opportunity is knocking! now might be your time. Make an offer!
PACKAGE DEAL:New Building sold with 166 Emmet St., Newark NJ 07114 for the price of $14,000,000 total 35 units. A rare investment opportunity in the desirable Ironbound Section of Newark where the going rates for apartments are $2600 to$3200 monthly. This beautiful building is being finished with 4 fls of apartments & 1 Retail space w/ 15 custom designed units, (11 2bdrm 2bth units; 1 1bdrm unit & 3 studio units). Building has elevator, laundry on each level, terrace with view to Newark Business District, public bathroom,8 Garage parking spaces. Each unit has advanced tech door handles, prewired Fiber Optics, custom built kitchens w/ SS appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air, & closet space. There are apartments facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city.
PACKAGE DEAL:New Building sold with 529 Mulberry St., Newark NJ 07114 for the price of $14,000,000 total 35 units. A rare investment opportunity in the desirable Ironbound Section of Newark where the going rates for apartments are $2600 to$3200 monthly. This beautiful building is being finished with 4 fls of apartments w/ 19 custom designed units, (14 2bdrm 2bth units; 1 2bdrm 2bth unit w/ terrace & 4 1bdrm units). Building has elevator, laundry on each level, terrace with view to NYC, public bathroom,14 Garage parking spaces. Each unit has advanced tech door handles, prewired Fiber Optics, custom built kitchens w/ SS appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air, & closet space. There are apartments facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city.
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.
ARE YOU STILL RENTING BUT HAS THE OPTION TO NOW BECOME THE LANDLORD? DO NOT WASTE TIME ANYMORE BECAUSE 592 SOUTH 20TH IS WAITING FOR YOU.THIS RENOVATED MULTI FAMILY GEM FEATURES SIX BEDROOMS, THREE FULL BATHROOMS AND A PARTIALLY FINISHED BASEMENT.
Welcome to this stunning three-family home ideally located near Newark Airport, major Highway Route 78, and Beth Israel Hospital, making it convenient for commuters. This meticulously designed property offers the perfect blend of modern elegance and functionality. As you step inside, you're greeted by the luxurious ambiance created by the granite vanity, Italian glass, and marble tile accents throughout the home. The attention to detail is evident in every corner, from the sleek finishes to the thoughtful layout. Each unit within the home is thoughtfully designed to maximize space and comfort, providing an ideal living environment for everyone. Don't miss your opportunity to own this exceptional three-family home !
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.
Welcome to 66-68 Halsted Avenue, located in the vibrant Vailsburg section of Newark, New Jersey. 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 five 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 $10,000+
Introducing a brand-new luxury two family home, meticulously crafted from the foundation up by a seasoned local builder. The exterior boasts a sophisticated design featuring elegant brick veneers and stylish fiber cement accents around the windows. Step inside to discover an interior that exudes luxury, highlighted by a spacious kitchen with custom cabinets and a large island. Each unit offers three bedrooms, a hall bath, and a master bath, ensuring comfort and convenience. Additional features include individual utilities and ample street parking. Ideally located near parks, restaurants, shopping, public transportation, major highways, and NYC, this home offers unparalleled access to urban amenities!
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,
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.
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.
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.
Big apartments, all occupied. By request owner will give to the buyer 1st floor apartment vacant. Garage and Parking space rented for $600.00 M/M
Brand new 2-family house to be built 2024 with 7 bedrooms, 5 full baths, laundry hookup, garage, tax abatement. Conventional loan considered.
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
Welcome to 373 S Tenth Street, a fantastic two-unit home that offers both spacious living and investment potential! This property features a well-maintained duplex with 5 bedrooms and 2 baths, perfect for extra space. Enjoy the open layout, which includes a bright living area, a modern kitchen, and generous bedroom sizes that provide comfort and convenience.In addition to the duplex, you'll find a finished 2-bedroom, 1-bath unit, ideal for rental income or as an in-law suite. This unit boasts a cozy living space and a functional kitchen, making it a great option for guests or tenants.Situated in a desirable neighborhood, this property is close to local amenities, schools, and parks.Schedule your viewing today! -Vacant-
Welcome to an exceptional investment opportunity in the heart of Newark, NJ, offering both convenience and potential for value enhancement. This 3-family property is ideally located for commuters, with easy access to the highway, ensuring hassle-free travel for tenants.With two RECENTLY RENOVATED spacious 3-bedroom, 1-bathroom units and a charming 2-bedroom, 1-bathroom unit, this property presents a versatile rental opportunity. Currently boasting market rents , there's ample room for optimization. Upon delivery, one unit will be vacant, providing the perfect opportunity for immediate value addition and potential rent increase.Furthermore, one of the units merely requires slight updates, offering a straightforward path to enhancing its appeal and maximizing rental income. The 2-bedroom apartment, in particular, commands excellent rents, making it a lucrative asset within the property. Located in a thriving neighborhood with access to local amenities and transportation options, this property holds immense promise for investors. CLOSING COST PROGRAM The Closing Cost Program provides $20,000 no-interest loans to first-time homebuyers to purchase a home in Newark. 2/3 Units VACANT OCTOBER 2024
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.
The median home value in Newark, NJ is $420,000. 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 $420,000. 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 has a population of 306,247. Newark is less family-centric than the surrounding county with 22.75% 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 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 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.