Welcome to a fantastic opportunity to own a well-maintained legal two-family home in the heart of Newark, NJ. This property is a great investment, featuring spacious units, each with generously sized three bedrooms. In addition, the attic offers extra living space with three additional bedrooms. All units are in excellent condition and have separate utilities. The property also includes a detached two-car garage. Located in a prime area with easy access to public transportation, major highways, Newark Penn Train Station, and local stores, this is a money-making multi-family home you don't want to miss!
Introducing 243 4th Street, a spacious and renovated multi-family property in a prime Newark location. This move-in-ready home features 7 bedrooms and 5 bathrooms, offering ample space. Unit 2 boasts 3 bedrooms, 2 bathrooms, an office/bonus room, a walk-in pantry, and an enclosed back porch. Ideal for commuters, the property is conveniently located near trains, buses, highways, parks, and schools. Whether you're seeking a strong investment opportunity with excellent cash flow potential or a multi-generational living solution, this property checks all the boxes. Don?t miss out on this incredible opportunity!
Prime 4-Unit Mixed-Use Property in Newark, NJ. High-Income Potential! This versatile mixed-use property offers incredible income opportunities in a highly desirable location. On the first level, there are two commercial spaces: one previously used as a hair salon and the other currently rented for $1,400/month.The second level features two newly renovated 3-bedroom apartments, both boasting fresh paint and new flooring. One unit is currently rented under market value to excellent tenants for $1,700/month, while the other is rented for $2,000. Both residential and commercial units have separate meters, providing ease of management. The property also includes new water heaters and a full unfinished basement, offering extra storage or expansion potential. With great tenants in place and an unbeatable location, this property is a smart investment with plenty of upside.
1 Brand new 2 fam under home under construction , 1st garage , utility room, rec room, with half bath connection to apartment #1 with 3 bedrooms, living room, dining room, kitchen 2 full baths . Apartment #2 3 bedrooms , living room, dining room, kitchen and 2 baths. Wood and ceramic floors , central ac separate utilities , 10 year HOW , owner occupied house may qualify for 5 year tax abetment laundry hook ups. lot size 35x100 . house foot print 22x61. side yard w 15 feet and future possible driveway
Discover an exceptional development opportunity at 48 Elm Rd in the sought-after Ironbound section of Newark, NJ. This property comes with city-approved plans for transforming the existing commercial office space into a modern boutique three-family residence. The approved plans include a spacious 2,160-square-foot garage on the ground floor, complemented by an additional 365-square-foot outdoor patio area. The second floor features two units: Unit 201, a 2-bedroom, 2-bathroom apartment totaling 845 SF, and Unit 202, another 2-bedroom, 2-bathroom unit with 797 SF. The third floor boasts a luxurious 3-bedroom, 3-bathroom apartment with a den, office, living room, kitchen, and terrace spanning 1,697 SF. Key features of the development include Garage: On-site parking for 3 cars. Elevator: Convenient access from the ground floor to the rooftop. Rooftop Garden Lounge: A deck that can accommodate up to 20 people. High-End Finishes: Hardwood floors, central AC, energy-efficient lighting, and brand-new appliances in each unit. In-unit laundry: Each apartment includes a washer/dryer for added convenience. Private financing for acquisition and construction is available upon request. Whether you build and hold or sell the completed units, this project presents a promising opportunity for significant returns on investment. Located just minutes from Newark Penn Station, with easy access to NY Penn Station, it is a prime choice for developers ready to capitalize on the area's growth.
Discover this prime multifamily home in a burgeoning neighborhood, offering a freshly renovated unit perfect for an owner-occupier or savvy investor. The property boasts income-producing potential with no repairs needed just move in or start renting. Seize the ultimate opportunity to delve into a growing community and secure a solid return on investment. Selling AS IS
Discover this 2 Family home, ideally located in the West Side section of Newark. Each unit features 3 spacious bedrooms and 1 full bathroom, offering comfortable living spaces for residents. The property boasts proximity to downtown Newark, providing easy access to shopping, dining, and entertainment options. Commuters will appreciate the convenience of nearby public transportation and quick access to Newark Liberty International Airport. With manageable property taxes and a location that balances urban amenities with residential tranquility, this home is an excellent opportunity for both homeowners and investors. Property is being sold "As Is".
Welcome to 247 Parker St, a stunning multi-family property in North Newark, NJ. The 1st and 2nd floor units have 3 bedrooms, 1 bath, a living room, and an eat-in kitchen. The 3rd floor is a 1 bedroom, 1 bath, living room, and kitchen, providing ample space for comfortable living or rental opportunities. Outside, the property features a fenced-in backyard with a deck on the 1st and 2nd floors, offering a private space for outdoor relaxation and gatherings. There is a 2-car driveway and a full basement. The roof and electricity were replaced last year. Conveniently located in the vibrant city of Newark, this home provides easy access to various amenities, including Branch Brook Park only a few blocks away, shopping, and restaurants. The bus stop to Broad St. train Station is only a few feet from the house, ensuring that everything you need is a short distance away. Don't miss the opportunity to make this remarkable multi-family property your own. The 1st and 2nd floors are rented month to month and the 3rd floor is vacant and ready to move, start generating income, or live rent-free. Sold AS IS.
New "Two Family Home" Located near Downtown Business District, Newark Liberty Airport & All Major Colleges - Unique Design - Features Brick-Stucco Facade, Hardwood Floors, Central Air, Granit Kitchen, Stainless Steel Appliances, Modern Open Concept & much more
New "Two Family Home" Located near Garden State Parkway, Beth Israel Medical Center & University Heights - Unique Design - Features Brick-Stucco Facade, Hardwood Floors, Central Air, Granit Kitchen, Stainless Steel Appliances, Modern Open Concept & much more
New "Two Family Home" Located near West Side Park, Garden State Parkway & University Heights - Unique Design - Features Brick-Stucco Facade, Hardwood Floors, Central Air, Granit Kitchen, Stainless Steel Appliances, Modern Open Concept & much more
New "Two Family Home" Located near Downtown Business District, Newark Liberty Airport, & All Major Colleges - Unique Design - Features Brick-Stucco Facade, Hardwood Floors, Central Air, Granit Kitchen, Stainless Steel Appliances, Modern Open Concept & much more
New "Two Family Home" Located near West Side Park, Garden State Parkway & University Height's - Features Brick Facade, Sprinkler System, Hardwood Floors, Central Air, Granit Kitchen - Unique Design
Brand New Construction to be built!! 2 Family with 2 car garage! 3 Bedrooms, 2 Baths per apartment with Rec room with half bath!
Back on Market! Totally renovated and gorgeous 2-family house with beautiful brick exterior. This gem has a well-maintained facade and a lovely porch. The spacious living space has abundant natural light coming in. Unit 1 has 3Br 1Ba Pantry Kitchen Living Rm Foyer Porch. On the other hand Unit 2 features 3Br 1Ba laundry Pantry Eat-in Kitchen Family Rm WIC. Both has an updated kitchen with sleek stainless steel appliances and lovely cabinets. Conveniently located near shops, schools, parks, transportation. Great investment property! What are you waiting for? Schedule showing and send offers NOW!
Must SEE!!! Welcome to this charming and versatile 4 family home boosting a newer roof and prime location close to transportation,shopping, and a variety of restaurants. The first unit features three bedrooms, two full bathrooms, inviting hardwood floors, a spacious living room, a dining room, and ample natural lighting. The second unit offers a comfortable one-bedroom, one-bathroom layout, while the third and fourth units each provide two bedrooms and one bathroom. The property also includes a finished basement with abundant storage space. With a focus on functionality and comfort.
Ironbound section near Newark Penn station. and all major highway port airport. 3 -2 bedroom apartments, 1 bathroom, living room, eat in kitchen. Wood ceramic & vinyl floors. All brick, new windows, separate utilities. Apartment 1 renovated lease rent $1,900.00. Apartment 2 not renovated month to month rent $700.00. Apartment 3 not renovated, month to month rent $650.00.
Calling all investors to this 3 family building located in the Ironbound, near Penn Station, and close to supermarkets and Ferry st. Located on a huge lot with 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.