Discover a rare, investment opportunity that blends modern updates with consistent cash flow. This renovated three-family home offers a "set it and forget it" appeal for seasoned investors or an ideal situation for a savvy house-hacker looking to offset their mortgage. Benefit from peace of mind with significant renovations completed within the last few years. The heavy lifting has been done for you. The property is currently occupied with reliable tenants. While the property provides steady income, two units are currently on month-to-month leases, offering the new owner maximum flexibility for market-rent adjustments or owner-occupancy.Situated in a vibrant Newark neighborhood, the home is conveniently located near public transportation, local shopping, and essential services. This is urban living at its most practical, catering to a high-demand rental market.
Rare investment opportunity in North Newark offering offering an attractive 7%+ cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.
Great opportunity to own a completely renovated three-family property in a convenient Newark location. Each unit features an eat-in kitchen, spacious living room areas, and comfortable bedrooms, making this property an attractive option for tenants. Unit 1: 3 bedrooms, eat-in kitchen, and a living room Unit 2: 3 bedrooms, eat-in kitchen, living room, and a office Unit 3: 1 bedroom, eat-in kitchen, living room This property also features a spacious unfinished basement, offering plenty of potential. Perfect for both owner-occupants and investors seeking rental income, itââ?¬â?¢s conveniently located near shops, schools, parks, and public transportation. Situated in a well-established neighborhood, this home offers excellent accessibility and long-term value. Donââ?¬â?¢t miss outââ?¬â?schedule your showing today!
Welcome to 124-126 Schofield Street, a spacious and well-maintained multifamily property located in Newark's desirable 07106 neighborhood. Offering over 4,300 square feet of living space, this impressive property presents an outstanding opportunity for both investors and owner-occupants alike. Each unit provides generous living areas, functional layouts, and ample natural light, creating comfortable spaces for residents to call home. The property's size and configuration offer excellent income-producing potential while still providing flexibility for a variety of ownership strategies. Situated on a sizable lot, the home is conveniently located near major transportation routes, public transit, schools, parks, shopping, and dining. Commuters will appreciate the easy access to Newark, New York City, and surrounding Essex County destinations. Whether you're looking to expand your investment portfolio or secure a property with strong long-term upside, 124-126 Schofield Street delivers space, convenience, and opportunity in one of Newark's most active housing markets. Don't miss your chance to own this exceptional multifamily property.
Unlock the potential of this versatile 4-bedroom, 2-bath property in Newark! This multi-level home offers a unique layout ideal for investors or buyers looking to customize their dream space. The first floor features a cozy one-bedroom unit complete with a kitchen, living room, and full bath perfect for extended living or rental income. Upstairs, the second unit offers two spacious bedrooms, a full bathroom, and access to a finished attic with additional bedrooms, providing plenty of room to grow. The home also includes an unfinished basement, offering ample storage or the opportunity to create additional living space. Being sold as-is, this property is a fantastic opportunity for those with vision. With some TLC, this home can truly shine don�t miss your chance to transform it into something special!
Exceptional mixed-use investment opportunity in North Newark! This well-maintained two-unit property offers strong, stable cash flow with long-term tenancy in place and significant upside for investors seeking a turnkey asset. The ground-floor commercial space is occupied by a successful neighborhood grocery store with 12 years remaining on the lease, providing reliable income and built-in 3% annual rent increases. The business is NOT for sale. The second-floor residential unit features 4 bedrooms, 1 full bathroom, den/office and is currently rented on a month-to-month basis, offering flexibility for future rent adjustments or owner-user possibilities. Current rental income: Commercial Unit: $3,550/month (12 years remaining, 3% annual escalations) Residential Unit: $2,420.50/month (month-to-month)With low annual taxes of just $9,573.61 and a desirable mixed-use configuration, this property delivers excellent cash flow potential and long-term income growth. Conveniently located on a busy street with strong visibility, consistent foot traffic, and easy access to major highways, public transportation, shopping, and local amenities.
Welcome to this stunning new construction two-family home located in the South area of Newark. This modern property offers an excellent opportunity for both homeowners and investors alike. The ground level features a spacious rec room and half-bath; while the upper levels include two beautiful designed apartments, each offering 3 bedrooms and 2 full bathrooms. Each unit is thoughtfully laid out with open-concept living spaces, contemporary finishes, and plenty of natural light. One car garage. Conveniently situated close to public transportation, mayor highways, and shopping centers. House is being build. Estimated date of completion is 9/2026. Newark offers 5-year property tax abatement
Exceptional multifamily property located in Newark featuring a 4-bedroom, 2.5-bathroom unit and a 3-bedroom, 2-bathroom unit. Additional highlights include an attached garage with parking accommodations for up to 2 vehicles. Conveniently located near public transportation, shopping, dining, parks, and major roadways, offering easy access to everyday amenities. A fantastic opportunity to own a spacious multifamily property with versatility and potential. Come turn this house into a home before someone else does!
Welcome to this stunning new construction two-family home located in the South area of Newark. This modern property offers an excellent opportunity for both homeowners and investors alike.The ground level features a spacious rec room and half-bath; while the upper levels include two beautiful designed apartments, each offering 3 bedrooms and 2 full bathrooms. Each unit is thoughtfully laid out with open-concept living spaces, contemporary finishes, and plenty of natural light. One car garage. Conveniently situated close to public transportation, mayor highways, and shopping centers. House is being build. Estimated date of completion is 9/2026. Newark offers 5-year property tax abatement.
Totally Updated Legal 3-Family Investment Opportunity! This fully renovated and legally 3-family property offers an exceptional opportunity for both investors and owner-occupants. Featuring spacious units, a walk-out basement, ample off-street parking, and a large oversized garage, this property combines functionality with strong income potential. Conveniently located near major highways, Newark Liberty International Airport, public transportation, shopping, dining, and other everyday amenities, it provides easy access for commuters and tenants alike. Whether you're looking to expand your portfolio or live in one unit while generating rental income from the others, this versatile property is one you won't want to miss.
Welcome to 58 Vermont Ave in Newark! - 2 Family - New Construction - Vailsburg Section of Newark - Beautiful Modern Home Includes 2 Apartments Featuring Large Master Bedroom Suite w/Walk in Closet & Full Bath, 2 Additional Bedrooms, Dining Room, Modern Kitchen w/Granite Countertops and Stainless Steel Appliances (Stove, Dishwasher, Refrigerator and Microwave) and Living Room. Finished Basement w/Rec Room, Laundry Room & Half Bath. Built-In 2 Car Garage. All Hardwood Floors. Central Air. Forced Hot Air. Recessed Lighting. Sprinkler System. Intercom Doorbell System. Wired for Electric Car Chargers. City of Newark 5 Year Tax Abatement for Those Who Qualify. Vinyl Fenced in Backyard to Enjoy the Seasons. Short Walk to Vailsburg Park which underwent $11 Million renovation in 2023. Owners of LLC are licensed Realtors in State of New Jersey.
WOW! This massive three family property is truly a rare find. Fully vacant and beautifully renovated, this turnkey investment showcases exceptional finishes throughout. Welcome to 203 Hansbury, offering spacious layouts in every unit. The first floor unit features 3 bedrooms, 1 full bathroom, and a den. The second floor unit mirrors the layout with 3 bedrooms, 1 full bathroom, and a den. The third floor unit offers 1 bedroom and 1 full bathroom. Each apartment has been thoughtfully updated with attractive finishes and is ready for immediate occupancy. The basement is expansive with high ceilings and tremendous potential for additional use. Sheetrock ceilings are already in place, providing a great foundation for future improvements. All utilities are separately metered, helping minimize owner expenses. Additional highlights include ample rear parking for multiple vehicles and a convenient location on a quiet street with easy access to major highways, airports, shopping, dining, and public transportation. Don't miss the opportunity to own this impressive, fully vacant multifamily property.
Discover this well-maintained 3-family property located in the highly sought-after Ironbound section, with excellent rental potential. Perfect for investors or owner-occupants looking to generate solid income.Conveniently situated near public transportation, schools, parks, shopping, restaurants, and major highways.Don't miss this opportunity to own a multi-family home in one of the most vibrant and desirable areas of the city!
Welcome to 30 Fleming Avenue ââ?¬â? Comes with Extra Parking! This fantastic, well-maintained three-family home is conveniently located in the highly desirable Ironbound neighborhood of Newark. Enjoy exceptional convenience with easy access to Newark Liberty International Airport, Downtown Newark, major public transportation, and an easy commute to New York City. This spacious property features functional kitchen, living, and dining room combinations, along with a mix of 2- and 3-bedroom layouts in each unit ââ?¬â? ideal for both owner-occupants and investors alike. The property has separate utilities, although the current owner is paying for them. A bonus is the extra parking, a rare and valuable feature in the Ironbound area. Donââ?¬â?¢t miss this incredible opportunity to own a versatile multi-family property in one of Newarkââ?¬â?¢s most vibrant and growing communities!
Two family built in the 2000s! The first unit features 3 beds and 2 full baths on first level. The ground level has another bedroom, rec room, and full bath. 2nd floor unit has 3 beds and 2 full baths. Close proximity to transportation, schools, and parks.
Brand New 2 Family home under construction. Ground level features built-in 2 car garage, large rec room, half bath. Second level features 6 rooms- 3 bedrooms, 2 full baths. Third level features 6 rooms- 3 bedrooms, 2 full baths. Oak hardwood flooring throughout with ceramic tile in kitchen and baths. Stainless steel kitchen appliance. Two zone central air conditioning and forced hot air, 9' tray ceilings throughout. Property is eligible for a 5 year tax abatement and a 10 year home warranty. HURRY will not last.
Brand New 2 Family home under construction. Ground level features built-in 2 car garage, large rec room, half bath. Second level features 6 rooms- 3 bedrooms, 2 full baths. Third level features 6 rooms- 3 bedrooms, 2 full baths. Oak hardwood flooring throughout with ceramic tile in kitchen and baths. Stainless steel kitchen appliance. Two zone central air conditioning and forced hot air, 9' tray ceilings throughout. Property is eligible for a 5 year tax abatement and a 10 year home warranty. HURRY will not last.
This unique and expansive legal 3-family property features 3500 square feet of living space. Complete with 3 bedrooms and 2 bathrooms in each unit. Great open floor plan with a finished basement. Bonus outdoor area perfect for barbecues and gatherings, plus parking for at least 3 cars. LOCATION LOCATION! This property is minutes from Rutgers University, University Hospital, and Newark Penn Station.
Newark is located in New Jersey. 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.