Buy one house and get two lots in the process! An incredible opportunity to purchase a fabulous 2-family home with a bonus third floor unit on a Double Lot. Welcome to 372-374 Summer Ave, a rare find in the sought-after Forest Hills section of Newark! This 2-family home situated on a double lot, offers not only incredible living space but also an excellent investment opportunity. Each unit boasts spacious living areas, high ceilings, hardwood floors, and loads of natural light. Both units feature 2 bedrooms, 1 bathroom, and ample space for comfortable living. The third-floor unit is a delightful bonus featuring 2 bedrooms, 1 bathroom, a cozy living area, and a kitchen-area. The fully finished basement offers an in-law suite with a bonus room, a kitchenette, and a full bath. The expansive double lot offers endless possibilities. The empty back lot is flanked on each side by newly constructed multifamily homes that are great examples of what can be built here. While the front lot is accessed from Summer Ave, the back lot has an entrance of its own on Woodside Ave. This property is perfect for a homeowner seeking a spacious residence on a large lot with rental income potential or a savvy investor looking for a remarkable opportunity to build in a sought-after location. All units are currently rented below market value and tenancy is month-to-month. Home is being conveyed in As-Is condition!
This industrial building is 8000 SF of space. Total rental income of approximately $9000 a month. LOW LOW taxes of $5584 Close to NJ Turnpike. Port Newark/Elizabeth, Routes 1 & 9, and downtown Newark. Commercial/Mixed use. This warehouse sits 1 block to Rte 21 and 2 miles to I-280. Only 15 minutes from Newark International Airport. PRIME LOCATION.
This industrial building 10,000 SF of space also includes 2 Roll-up Doors, 2 Pedestrian Doors total rental income of approximately $13,000 a month. LOW, LOW TAXES of $7157 close to NJ Turnpike, Port Newark/Elizabeth, Routes 1 & 9 and Downtown Newark. Commerical/ Mixed use 15' Ceilings 1 Rear drive-in Door Location. This warehouse sits 1 block to Route 21 and 2 Miles to I-280 15 minutes to Newark Liberty International Airport. PRIME LOCATION!!
Ideal for both investors and owner-occupants alike, this gem of a property offers versatility and promise. Each unit, currently occupied on a month-to-month basis, presents an opportunity for stability or potential reconfiguration according to preference. This expansive 3-family residence boasting nearly 3,700 square feet of luxurious living space. Currently fetching a robust gross income exceeding $5,000 per month, this property presents an exceptional investment opportunity with the potential to elevate revenue to over $6,000 monthly by increasing the below market rent units. Separate utilities for each. Also, one or two units can be delivered vacant. Nestled within a prime location, this property has the convenience of being just a 10 minutes walk from the light rail station so commuting to Newark Penn Station becomes effortless, offering seamless access to the bustling cityscape. Enjoy leisurely strolls to the esteemed Branch Brook Park just 5 minutes away, while major thoroughfares such as Route 280, Route 21, and the Garden State Parkway ensure easy connectivity to all destinations. Don't miss out on this rare chance to secure your slice of urban paradise.
This 2 Family with Finished Attic and Basement property is a great opportunity with Low taxes. The 1st floor offers living room, eat in kitchen, 2 bedrooms, bathroom, and on the second level offer living room, kitchen, 2 bedrooms, bathroom, The top unit includes an additional large third-floor bedroom and bathroom. Finished Basement with 1 bathroom. Spacious backyard, great for entertainment and barbecuing. Conveniently located near schools, parks, public transportation, close to major highways routes 21, 78, 280, and the Garden State Parkway, and NYC commute.
Coming up! 2 family brand new oversize home under Construction. Building size 21x67. 1st floor apartment- 3 bedrooms, 2 full bath and 1 half, recreation room on garage level. 2nd floor- 3 bedrooms, 2 full bath. Deliver finished and vacant. Great location, just off rte 21. Walking distance to Broad's street train station.
2 Family large house. 2nd floor has 6 bedrooms and 2 bathrooms. Separate utilitiesCan be delivered vacant
2 Family with partially finished basement and parking spot in front of house. Recently renovated. Separate utilities. Deliver vacant at closing!!
383 Mt Prospect Ave, where classic charm meets modern convenience in this stunning 6-family residence. Boasting 10 spacious bedrooms, 7 bathrooms, and featuring 5 elegant fireplaces, this property offers unparalleled comfort and style. Situated just blocks away from Forest Hills and Branch Brook Park, residents enjoy easy access to lush greenery and serene surroundings. The location is a commuter's dream, with close proximity to public transportation, parks, and major highways, ensuring convenience and connectivity. One of the standout features of this home is its breathtaking views of New York City, providing a picturesque backdrop day and night. Ideal for investors and homeowners alike, this property is zoned for multi-family high rise, offering endless possibilities for expansion and development. Whether you're looking for a lucrative investment opportunity or a spacious property to live, the options are truly limitless. Don't miss your chance to own a piece of Newark's finest properties.
WELCOME!!!! TO THIS RARE OPPORTUNITY!!! One of a Kind Three -family home located in the sought-after historic district of the Forest Hill section of Newark, just a few blocks from Branch Brook Park "The Ballantine Gates" Cherry Blossom Center, Branch Brook Park Light Rail Station with "EASY NYC COMMUTE, well-maintained four apartments, finished basement, utility room, separated utilities, etc. Exterior Solid brick front with Balconies, Driveway, and detached two-car Garage Don't t miss out either for first-time home buyers or for investors.
Welcome to your dream investment opportunity in the heart of Newark, NJ! This beautifully renovated two-family home boasts modern amenities, ample living space, and a prime location. Whether you're an investor looking for a lucrative rental property or a homeowner seeking additional rental income, this property is perfect for you.**Key Features:****First Unit:**- 2spacious bedrooms- 2 full bathrooms- Open-concept living and dining area- Modern kitchen with stainless steel appliances and granite countertops- Hardwood floors throughout- Access to a finished basement, perfect for additional living space or storage**Second Unit:**- 4 generously sized bedrooms- 3 full bathrooms- Bright and airy living room- Updated kitchen with high-end finishes- Hardwood floors throughout- Access to a finished attic, ideal for a home office, playroom, or extra bedroomBasement ? 1 bedroom ? 1 full bath ? Spacious basement ? Kitchenette ? Basement has seperate entrance for tenant access
Discover an exceptional investment opportunity in the heart of Newark, NJ. This prime parcel of land offers a wealth of possibilities for investors and builders alike, presenting the perfect canvas for lucrative development projects.
An opportunity is here to live in a nice colonial 1/2 Duplex style home. Lots of living space. 3 levels. 3 bedrooms and 3 full baths. Each floor has a full bath and living room. Well maintained and renovated. Inside and outside entrance to the basement, lots of storage and decent backyard.
An opportunity is here to live in a nice colonial 1/2 Duplex style home. Lots of living space. 3 levels. 3 bedrooms and 3 full baths. Each floor has a full bath and living room. Well maintained and renovated. Inside and outside entrance to the basement, lots of storage and decent backyard.
Under renovation - A totally renovated 2,000 square foot garage/warehouse. Ideal for small to medium contractors such as carpenters, electricians, plumbers, sheet rockers, delivery vans, or general use for storage and warehousing. This building has 15 foot ceilings and a 10 foot overhead garage door. Brand new roof from beams to rubberized flat roof with new fascia boards, leaders, and gutters. Two new steel security doors with exterior lighting, one in front of building and one in rear of building. Brand new water and sewer lines from street to building. Brand new concrete floors, driveway, and sidewalk. Brand new mechanical room. Brand new handicap accessible full bathroom with shower stall. Brand new office. Brand new coat closet. Brand new kitchenette with sink and mini-fridge. Brand new gas-fired hot air blowers to heat garage in cold weather. Brand new electric-powered wall-mounted air conditioning units to cool garage in warm weather. Brand new 200 amp electrical service with new circuit breaker. Two brand new electric vehicle charging stations inside of the building. Exterior features new stucco exterior in front and freshly painted walls on sides. A safe, quiet North Newark location on a street being transformed with brand new construction on both side. Renovation plans in media section.
Large single family home in North Newark with expansion potential. Don't miss this opportunity to own in the North Newark area. Home offers many updates, in-law suite in basement, large over sized eat in kitchen. large paved backyard, for parking or entertaining, a must see. Contingent on owner finding suitable housing.
Discover a prime investment opportunity in Newark with this meticulously maintained 16-unit apartment building. Featuring a compelling 5% Cap rate and full occupancy, this four-story multi-family brick building offers a diverse mix of units: 12-two bedroom, 3-three bedroom, and 1-one bedroom apartments. Each unit includes an eat-in kitchen, spacious living room, and bathroom, ensuring comfortable living spaces for tenants.Located in a sought-after neighborhood known for its convenience and accessibility, this property is poised to deliver steady rental income and potential for future appreciation. Recent maintenance and upgrades enhance the building's long-term profitability.With ample room for appreciation, don't miss out on investing in this thriving Newark community. Schedule a tour today to seize this lucrative opportunity and secure your place in Newark's dynamic real estate market.
This property is 0.62 acres approved for a 40-unit luxury apartment building, with a 25 year tax abatement. There is currently a 13,000 SF vacant warehouse on the property.
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.
Available: 1,800 Square feet Versatile Space. Perfect for office, retail, or light industrial use. This spacious and adaptable area offers ample room for your business needs. Conveniently located with easy access and parking. Ideal for growing enterprises looking for a prime location.
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.
Commercial space on the ground floor and two apartments on top, 2nd floor consists of 3 bedrooms and 2 bathrooms and 3rd floor consists of 3 bedrooms 1 bathroom. Close to major highways, public transportation and shopping
Great opportunity to start your own business, very strategically located and closed to mass transportation, major highways, Penn Station, shopping centers.It was used as a restaurant years back. The bell is the only thing that is left. It can be suited to your business.
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 07104 has a population of 306,247. Newark 07104 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 07104 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 07104 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.