Prime 3-family property in Newark, NJ offering a strong opportunity for investors or owner-occupants. Conveniently located near public transportation, major commuter routes, shopping, dining, and local amenities with easy access to NYC. Excellent location with solid income potential.
Welcome to this modern contemporary multi-family home that was constructed in year 2022. Unit 1 features 3 bedrooms, 2.5 bathrooms, While unit 2 offer 3 bedrooms and 2 full baths, beautiful wood flooring, and an updated kitchen and built-in cabinets. Situated in a prime location with excellent public transportation options, the property is perfect for both homeowners and investors. With nearby schools, shopping, and a walkable neighborhood, it combines style, functionality, and accessibility. Don't miss the opportunity to own this exceptional home! Photos were taken before the tenants moved in.
Turn-Key Three-Family Property featuring 3 Bedrooms on the 1st Floor, 3 Bedrooms plus a Den on the 2nd & 3rd Floor Units ââ?¬â?? Prime Central Location! This home features Hardwood Floors, Tile Floors , Beautiful Natural Light throughout Whether You're an Investor Looking to Add a Quality Asset to Your Portfolio or an Owner-Occupant Wanting to Live in One Unit and Offset your Mortgage with Rental Income, this Property Offers Excellent Upside and Long-Term Value. Home is in Prime Location Near Public Transit, Shopping & Major highways. 8 Minutes from Newark Penn Station and Newark Liberty International Airport. Updates: New Roof installed about 2 years ago/ Furnace for 2nd floor is newer/ Bathrooms for 2nd and 3rd Floor renovated about two years ago/ 2nd floor paint and floors updated/ Back porch: new windows will be installed on levels 1, 2, 3.
Welcome to this exceptional opportunity in Newark's Upper Clinton Hill neighborhood. This legal two-family property offers generous living space across three levels, providing flexibility for day-to-day living or rental income. Updated in 2023, it features an updated exterior with vinyl siding, private driveway, and detached two car garage, this property combines classic character with long-term potential. Both units offer spacious layouts with abundant natural light and large rooms. The finished basement adds valuable bonus space, providing additional flexibility for a rec room, storage, or work-from-home needs. Conveniently located near Route 22, I-78, the Garden State Parkway, Newark Liberty International Airport, NJ Transit, shopping, dining, schools, parks, and downtown Newark. Commuters will enjoy easy access to New York City.
Turnkey two-family in the heart of Newark ââ?¬â? completely renovated from top to bottom and ready to perform from day one. Both units have been fully updated with modern finishes throughout, offering bright, comfortable living spaces that today's tenants demand. As a bonus, the property features an additional recreation room ââ?¬â? ideal for extra living space, a home office, or flex use. Situated in a prime Newark location, residents enjoy easy access to public transportation, making commutes a breeze, with a variety of restaurants and local amenities just steps away. Whether you're an investor looking for a turnkey addition to your portfolio or an owner-occupant seeking a move-in ready home with built-in income, this property checks every box.
Calling all investors! This fully vacant multi-family property is a prime opportunity for those looking to add value and maximize potential. Bring your creativity and vision to transform this property into something special. The home requires TLC and is being sold as-is. Cash, 203(k), or construction loan financing only. Standard financing will not qualify .Buyer is responsible for obtaining the Certificate of Continued Occupancy (CCO) and all required municipal inspections, certifications, and permits.
Corner and larger property with unique backyard/patio. The multifamily game has changed, and these homes are proof of it. Designed with intention and built to stand apart, this is anything but your typical new construction. Every detail has been carefully curated, from the striking facade contrasts and unique architectural designs to the thoughtfully planned landscaping, all tailored to complement today's lifestyle. We are fortunate to offer only three of these exceptional residences. The wait is over. Welcome to these beautifully sized homes featuring a ground level designed for both functionality and entertaining, complete with an open flex space, a half bathroom, elegant tile work throughout, a two car tandem garage, and sliding doors leading to your private paved patio and grassy backyard. Each home offers two spacious apartments, with every unit featuring three bedrooms and two full bathrooms, including a primary suite. Unique accent walls, designer finishes, Juliet balconies, oversized living areas, and stunning kitchens with abundant cabinetry and peninsula seating complete the experience. Offering a total of six bedrooms and five and a half bathrooms, these homes are conveniently located near major highways, airports, public transportation, shopping, and more. You need to see them in person to truly appreciate everything they have to offer. *** 5 YEARS TAX ABATEMENT ***
The multifamily game has changed, and these homes are proof of it. Designed with intention and built to stand apart, this is anything but your typical new construction. Every detail has been carefully curated, from the striking facade contrasts and unique architectural designs to the thoughtfully planned landscaping, all tailored to complement today's lifestyle. We are fortunate to offer only three of these exceptional residences. The wait is over. Welcome to these beautifully sized homes featuring a ground level designed for both functionality and entertaining, complete with an open flex space, a half bathroom, elegant tile work throughout, a two car tandem garage, and sliding doors leading to your private paved patio and grassy backyard. Each home offers two spacious apartments, with every unit featuring three bedrooms and two full bathrooms, including a primary suite. Unique accent walls, designer finishes, Juliet balconies, oversized living areas, and stunning kitchens with abundant cabinetry and peninsula seating complete the experience. Offering a total of six bedrooms and five and a half bathrooms, these homes are conveniently located near major highways, airports, public transportation, shopping, and more. You need to see them in person to truly appreciate everything they have to offer. *** 5 YEARS TAX ABATEMENT ***
Spacious 2-family in a sought after North Newark location with a strong value add opportunity. Each unit offers 4 bedrooms plus an additional bonus room that can be used as an office, den, or potential extra bedroom. The second-floor unit features a balcony. One unit is occupied and the other is vacant, making this a great option for a first-time buyer looking to build an investment portfolio or a seasoned investor seeking strong rental demand with upside through updates and rent growth. Convenient to transportation, shopping, parks, and neighborhood amenities.
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!
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.
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!
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.