Located on a quaint neighborhood street in Newark Valley, this home offers a unique opportunity for both residential living and business potential. This restored 1850 farmhouse was purchased as a duplex and underwent construction with permits filed and plans drawn up to convert into a mixed commercial and residential space. The plumbing and electrical were completely updated and the plaster and lathe were removed and brought to current code with firewalls, insulation, and moisture resistant sheetrock. The home boasts a large, finished 2+ car garage fully electrically outfitted, as well as an additional storage space, unfinished bonus areas connecting the garage to the house and in the walk-in attic and a full, dry basement. The location is ideal for enjoying walkability to schools, parks, restaurants, shopping, and nature trails. Although the previous homeowners were unable to realize their vision, the property is now primed and ready for you toââââââââââââââââââââââââââââââââ complete.
Newark Valley is located in New York. Newark Valley, New York has a population of 3,791. Newark Valley is more family-centric than the surrounding county with 30.18% of the households containing married families with children. The county average for households married with children is 27.79%.
The median household income in Newark Valley, New York is $65,313. The median household income for the surrounding county is $57,153 compared to the national median of $57,652. The median age of people living in Newark Valley is 45.1 years.
The average high temperature in July is 77.8 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 39.1 inches per year, with 58.9 inches of snow per year.
