ROOMING HOUSE ... Attention Investors ... Wonderful opportunity to own this 11-bedroom property. The 1st floor includes five bedrooms, a living room, a kitchen, and 2 bathrooms. The 2nd floor includes 4 bedrooms and a full bathroom. The 3rd adds 2 bedrooms and a full bathroom for the floor. One of the bedrooms contains a small kitchen. A newer gas boiler supplies heating for the entire building. Large multi-car driveway and newer roof. There is much room to improve, and some cosmetic updates would go a long way.
Mechanic shop for sale in R3 zone, fits multiple cars on lot plenty of space for parking. Zoned for mechanic shop or multi-family. Located in a great area! You don't want to want miss this! Property is being sold AS IS! 24-hr notice.
4 Bedroom Totally Renovated Home with 4.5 Baths. Two Master Bedrooms. Finished Basement with Full Bath with Separate Entrance.. Beautiful Open Concept Kitchen, Living/Dining Room. All Plumbing and Electric are New. Home has Central Air and Heat.
WELCOME TO THIS 18-ROOM 3-FAMILY RESIDENTIAL COMPLEX TO BE BUILT IN NORTH NEWARK! MOST SIGNIFICANT, THIS HOUSE HAS NOT BEEN BUILT. THE 3-FAMILY RESIDENTIAL COMPLEX WILL BE BUILT AND COMPLETED WITHIN THE NEXT 180 DAYS; HOWEVER, YOU CAN PURCHASE THE 3-FAMILY WITH A 203-K REHAB MORTGAGE LOAN TO BE USED TO COMPLETE THE CONSTRUCTION OF THE COMPLEX. ADDITIONALLY, YOU WILL HAVE A RENTAL INCOME OF FIVE THOUSAND DOLLARS PER MONTH! SIXTY THOUSAND [$60,000] PER YEAR TO BE USED TO HELP MAKE THE MORTGAGE PAYMENTS. THE 3-FAMILY HOUSE WILL HAVE HARDWOOD FLOORS IN ALL THREE UNITS, CARPETING IN ALL BEDROOMS, AND MARBLE FLOORS IN ALL BATHROOMS,! CENTRAL AIR & HEATING IN ALL THREE UNITS! NEW KITCHEN CABINETS! SPACIOUS FORMAL LR, DR, 9 BEDROOMS, FULLY EQUIPPED WITH TOP-OF-LINE APPLIANCES, INCLUDING A SUB-ZERO REFRIGERATOR & VIKING RANGES COMPLEMENTED BY GRANITE COUNTERS AND CENTER ISLAND W/ BREAKFAST BAR. THE STUNNING DINING AREA WITH SLIDER DOORS LEADING TO THE MAINTENANCE-FREE DECK, WHICH IS PERFECT FOR ENJOYING THE VERY PRIVATE, TRANQUIL, FULLY FENCED-IN BACKYARD! OPEN CONCEPT FLOOR PLANS! THE HOUSE WILL CONSIST OF A SPACIOUS & LUXURIOUS MBR SUITE IN EACH UNIT, A WALK-IN CLOSET, A THREE-CAR GARAGE, AND A VERY BEAUTIFUL HOME OFFICE TO OFFER FLEXIBILITY & FUNCTIONALITY FOR TODAY'S WORK-FROM-HOME LIFESTYLE! PUBLIC WATER & SEWER! DON'T MISS THE CHANCE TO CALL THIS METICULOUSLY CRAFTED 3 FAMILY RESIDENCE YOUR NEW HOME, WHERE COMFORT, STYLE, AND FUNCTIONALITY CONVERGE SEAMLESSLY!
Newly Gut Renovated 2 Family For Sale. Unit # 1- 3 Bed, 1 Full Bath, Living Room Unit# 2- 2 floor duplex with 4 bed 2 full bath, Living Room, Formal Dining Room. Brand New HVAC. Excellent Investment Property Perfect For Investors Looking For Positive Cash Flow Or Homeowners looking to live Mortgage Free. 30 Minutes From NYC, 10 Minutes from Seton Hall University, Close to Shopping, Public Transportation & More.
Amazing INVESTMENT opportunity!!! Own your own SRO building in an excellent suburban Newark area, there are very few SRO's left in the area and the demand is GREAT for these money making buildings! This home has been built with strong stone foundation, in the early 19th century as a stunning mansion, with time the property obtained a single occupancy license that can accommodate twenty people/couples. They have a shared kitchen on every floor and some 5 units have their own baths. With creative TLC you can upgrade this home to 20th century vibes. As a bonus owner has drawn up an extension of over 40 additional studio units using the attached vacant lot and the back. BONUS: Vacant buildable lot attached!
Welcome to a prime investment opportunity nestled in the vibrant heart of Newark! This historic building awaits your transformative touch, offering the potential to restore it into a lucrative cash-flowing property. With its central location and unique features, this property is a standout opportunity in the real estate market. This well-located gem boasts three spacious 3-bedroom, 2-bathroom units, each spanning approximately 1146 square feet, providing an ideal canvas for creating modern and desirable living spaces. The versatility of these units caters to a variety of tenant needs, ensuring broad appeal in the rental market. In addition to the residential units, the building includes a captivating storefront, spanning approximately 1070 square feet. This prime commercial space offers endless possibilities for entrepreneurs, retailers, or creative businesses looking to establish a presence in the heart of Newark. For your convenience, detailed building plans are available upon request, providing insight into the immense potential that this property holds. Whether you envision a stunning renovation or a strategic reimagining of the space, the possibilities are boundless. What sets this opportunity apart is its incredibly attractive pricing, significantly below market value. Seize the chance to add this beauty to your investment portfolio before it's too late. With the perfect blend of location, size, and potential, this property promises not only immediate value but also the prospect of long-term returns. Don't miss out on this rare opportunity to make a mark in Newark's real estate landscape. Act swiftly, and make this property the cornerstone of your portfolio. Contact us now to schedule a viewing and explore the boundless potential that awaits within this exceptional investment.
Vacant lot. Owner received the approvals to build a 2 family house on the property, The lot is approved to BUILD a 2 family. Approved plans are available. Lot is 3,132 sq ft (31.3 by 100). Paid water connection. Close to major transportation to New Jersey Transit and Penn Station.
Opportunity for new construction development mix unit in the North ward economic development zone. Existing structure is commercial & can be converted to mix use residential zoning with variance approval. Attractions are as follows, close to NJ Transit Light Rail System offering a 14 minute ride to Newark Penn Station, historic Branch Brook park with an annual cherry blossom festival, Branch Brook tower will be the first 40 floor building luxurious building to ever be built within the city of Newark within a minute walking distance & one mile from public golf course. Location also is zoned for a possible liquor license Upon inquiry information can be furnished to assist with liquor license. Additionally other features include adjacent towns, Belleville, Nutley & Clifton.
The median home value in Newark, NJ is $257,700. This is lower than the county median home value of $375,600. The national median home value is $219,700. The average price of homes sold in Newark, NJ is $257,700. Approximately 19.42% of Newark homes are owned, compared to 65.83% rented, while 14.75% 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 07107 has a population of 282,803. Newark 07107 is less family-centric than the surrounding county with 22.24% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Newark, New Jersey 07107 is $34,826. The median household income for the surrounding county is $57,365 compared to the national median of $57,652. The median age of people living in Newark 07107 is 33.6 years.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 48.5 inches per year, with 25.9 inches of snow per year.