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,
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.
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.
Spacious three family house (3 Units) on a street with plenty of new development! A must see in person house. Each apartment has 3-4 bedrooms, 1 bathroom, large eat in kitchen with a seperate storage pantry and living room on each apartment. Detached 5 Car Garages and parking for another 4 cars.Tall cielings in each apartment. Gorgeous white fiber glass front entrance door installed. Freshly painted front hallway with a skylight at the top of the staircase, bringing in warmth and light. Enclosed newly painted back porch is accessible from each apartment and the back yard. Hugh open basement with tall celing and walk out into the back of the property. Low taxes and close to public transportation to NYC and surrounding Essex County area.
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.
Welcome to 286-290 16th Ave, being sold as a bundle along with 558 S 18th St. A unique and versatile commercial property offering an exciting opportunity for entrepreneurs and investors alike. 286-290 16th Ave offers 4 spacious and versatile commercial spaces, perfect for a wide range of businesses, as well as a dance hall, patio, and outdoor kitchen. Don't miss out on the chance to own this exceptional property, schedule a showing today and unlock its full potential.
Welcome to 558 S 18th St, a mixed-use property being sold along with 286-290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.
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.
Welcome to your next amazing investment opportunity! Nestled in the vibrant Ironbound District of Newark, this renovated 3-family home is a money-making gem waiting to be discovered. LOCATION - LOCATION - LOCATION! All unit's newly renovated-7 Streams of income
BRAND NEW 2-FAMILY HOME - CONSTRUCTION COMPLETED. 3,885 SQUARE FEET OF GROSS LIVING SPACE. GROUND FLOOR: SPACIOUS FAMILY ROOM, BEDROOM, HALF BATH, AND BUILT IN GARAGE. SECOND AND THIRD FLOORS BOTH OFFER 3BEDROOM/2BATH APARTMENTS. CENTRAL AIR THROUGHOUT. HARDWOOD FLOORS AND CERAMIC TILE THROUGHOUT. HOME IS ELIGIBLE FOR A 5 YEAR PROPERTY TAX ABATEMENT. RENTAL INCOME IS ESTIMATED. READY FOR IMMEDIATE OCCUPANCY.
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.