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.
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.
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!
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.
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.
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!
Brand New 2-Family Home currently under construction! The ground level features a built-in 2-car garage, a spacious recreation room, and a half bath. The second level offers 3 bedrooms, 2 full baths, and an open-concept living area. The third level features an identical layout with 3 bedrooms and 2 full baths. Highlights include oak hardwood flooring throughout, ceramic tile in the kitchens and bathrooms, stainless steel kitchen appliances, two-zone central air conditioning and forced hot air, and elegant 9-foot tray ceilings throughout. Estimated completion is the second week of August. The property is eligible for a 5-year tax abatement and includes a 10-year home warranty. Don't miss this incredible opportunityââ?¬â?this home won't last!
Brand New 2-Family Home currently under construction! The ground level features a built-in 2-car garage, a spacious recreation room, and a half bath. The second level offers 3 bedrooms, 2 full baths, and an open-concept living area. The third level features an identical layout with 3 bedrooms and 2 full baths. Highlights include oak hardwood flooring throughout, ceramic tile in the kitchens and bathrooms, stainless steel kitchen appliances, two-zone central air conditioning and forced hot air, and elegant 9-foot tray ceilings throughout. Estimated completion is the second week of August. The property is eligible for a 5-year tax abatement and includes a 10-year home warranty. Don't miss this incredible opportunityââ?¬â?this home won't 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.
Renovated two-family home in Newark featuring two units, each with 2 bedrooms and 1 bath. Property has a 1-car width driveway, spacious backyard, and enclosed front porch. Conveniently located near public transportation, major highways, shopping, and schools. Ideal for investors or owner-occupants seeking strong rental potential and easy NYC access.
Charming fully renovated two-family home in Newark featuring hardwood floors, central heat/AC, and modern kitchens and baths. Each unit offers 3 bedrooms and 1 bath. Includes a 1-car driveway and backyard. Conveniently located near schools, shopping, transportation, and major highways. Ideal for investors or owner-occupants seeking strong income potential.
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.