Multi-unit property with 3 units newer building well maintained ready to go. Two residential units with one unit occupied and second unit soon to be vacant calling all buyers utilize the rental income to pay your mortgage, The first floor is a commercial unit either resign the current tenant or set up your own business.
Won't last!! Fantastic investment too good to pass up! Four apartment units plus a store for sale. Perfect for owner occupied or a savvy investor.407 18th Ave., around the corner, also, on same deed (1 bedroom). Serious buyers only. Looking for quick closing.
PACKAGE DEAL: Brand New Building is being sold with 529-531 Mulberry St., Newark NJ 07114 for the price of $14,000,000 for total 35 units. Introducing a rare investment opportunity in the desirable Ironbound Section of Newark were the going rates for apartments are $2600-$3200 monthly. This beautiful building is being finished with 4 floors of apartments consisting of 19 custom designed units, (14 two-bedrm 2 bath units; 1 two bedrm 2 bath unit w/ private terrace & 4 one-bedrm units). Building has elevator, laundry facilities on each level, terrace with view to NYC, public bathroom,14 Garage enclosed parking spaces that provide additional income. Each unit includes fire rated entry doors with advanced technological door handles, prewired Fiber Optics, custom built kitchens w/ stainless steel appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large sound proof windows, intercom system, Central Air & Forced Hot Air and tons of closet space. There are apartments facing NYC with the view of the NYC SkyLine, & terrace apt is facing NYC. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city. All financials please see attached documents.
PACKAGE DEAL: Brand New Building is being sold with 166-168 Emmet St., Newark NJ 07114 for the total price of $14,000,000 total 35 Units. Introducing a rare investment opportunity in the Ironbound Section of Newark with apartment rental prices $2600-$3200. This beautiful building is being finished with 4 floors of apartments and 1 retail store; consisting of 15 custom luxury designed units, (11 two-bedrm 2 bath units; 1 one-bedrm unit w/ & 3 studio units) and 1 ground floor retail space of 360Sqft -total of 23 bedrms & 28 baths. Building has elevator, laundry facilities on each level, parking consists of 8 Garage enclosed parking spaces that provide additional income. Building has a outdoor terrace facing the Business District of Newark with a half bathroom for all tenants to enjoy. This unique building includes fire rated entry doors with advanced technological door handles, prewired Fiber Optics, custom built kitchens w/ stainless steel appliances (Microwave, Refrigerator, dishwasher,& gas stove), quartz countertops, island/peninsula, large child-safety -sound proof windows, intercom system, Central Air & Forced Hot Air and tons of closet space. There are apartments facing NYC with the view of the NYC SkyLine. Located near PATH, Train & Bus Station, Newark Airport, major highways, & Universities all within the same city. All financials please see attached documents.
Vacant lot located in the R-2 District, where it permits 1 - 3 family dwellings and townhouses. It also permits conditional low rise multi-family dwellings. There are multi-family buildings in the area. On the opposite corner of the block, there is a 3-story, 16-unit multi-family building that is currently under construction. This property can support a 3 story, 15-unit multi-family building. Close proximity to everything all major public transportation. BUYER MUST UNDERTAKE THE NECESSARY DUE DILIGENCE BEFORE SUBMITTING AN OFFER. THE POTENTIAL TO DEVELOP THE LAND IS WITHIN REACH! View and send offers asap!
Brand new 2-family house to be built 2024 with 7 bedrooms, 5 full baths, laundry hookup, garage, tax abatement. Conventional loan considered.
Discover the epitome of investment opportunity with this impeccably maintained 3-family residence nestled in the heart of Newark, NJ's most sought-after locale. Property rents will cover the entire mortgage no matter FHA, VA, Conventional, or Cash . Boasting not only RECENTLY RENOVATED UNITS but also immense potential for added value, this property stands as a beacon for discerning investors. With tenants currently on month-to-month leases, the door is wide open for strategic upgrades and rental rate adjustments to maximize your returns.Situated in a prime commuter-friendly area, convenience is paramount. Bus stops conveniently stationed plus a new school across the street and a new police academy a mere block away, safety and education are prioritized.As Newark's landscape undergoes rapid revitalization, investing in this property means positioning yourself at the forefront of growth and development. Seize the opportunity to own a piece of Newark's promising future. Property qualifies for NEWARK LIVE GRANT : provides $20,000 no-interest loans to first-time homebuyers to purchase a home in Newark. Over a five-year period, 20 percent of the loan is forgiven for each full year in which the recipient has lived in the home.MUNICIPAL EMPLOYEE HOUSING ASSISTANCE PROGRAMThis program is similar to the Live Newark Closing Cost Program.. It provides $20,000 no-interest forgivable loans to purchase a home in Newark
Welcome to 373 S Tenth Street, a fantastic two-unit home that offers both spacious living and investment potential! This property features a well-maintained duplex with 5 bedrooms and 2 baths, perfect for extra space. Enjoy the open layout, which includes a bright living area, a modern kitchen, and generous bedroom sizes that provide comfort and convenience.In addition to the duplex, you'll find a finished 2-bedroom, 1-bath unit, ideal for rental income or as an in-law suite. This unit boasts a cozy living space and a functional kitchen, making it a great option for guests or tenants.Situated in a desirable neighborhood, this property is close to local amenities, schools, and parks.Schedule your viewing today! -Vacant-
Welcome to an exceptional investment opportunity in the heart of Newark, NJ, offering both convenience and potential for value enhancement. This 3-family property is ideally located for commuters, with easy access to the highway, ensuring hassle-free travel for tenants.With two RECENTLY RENOVATED spacious 3-bedroom, 1-bathroom units and a charming 2-bedroom, 1-bathroom unit, this property presents a versatile rental opportunity. Currently boasting market rents , there's ample room for optimization. Upon delivery, one unit will be vacant, providing the perfect opportunity for immediate value addition and potential rent increase.Furthermore, one of the units merely requires slight updates, offering a straightforward path to enhancing its appeal and maximizing rental income. The 2-bedroom apartment, in particular, commands excellent rents, making it a lucrative asset within the property. Located in a thriving neighborhood with access to local amenities and transportation options, this property holds immense promise for investors. CLOSING COST PROGRAM The Closing Cost Program provides $20,000 no-interest loans to first-time homebuyers to purchase a home in Newark. 2/3 Units VACANT OCTOBER 2024
BUSINESS FOR SALE ONLYDO NOT APPROACH BUSINESS OWNER. AP $77,775GOI $103,042.34TOE $46,459.54NOI $56,582.80Price includes: business name, customer list, goodwill, business phone numbers, franchise rights, corporate stock, licenses/permits & IPPrice DOES NOT included: lease, office equipment, signs, fixtures, furnishings or office inventoryDO NOT APPROACH BUSINESS OWNER.Business Hours: M-F 8am-5pm, Sa 8am-4pmSeller financing available (downpayment required). DO NOT APPROACH BUSINESS OWNER.
This well-established legendary business located in the heart of a redevelopment renaissance. The property borders the city of East orange and is a 5-minute walk to the train station to New York. The establishment known for its grand sandwiches has been in business for over 50 years serving the community, also providing a bottle service class C liquor license it just doesn't get any better than this. The building is being sold -AS IS- buyer will be responsible for obtaining all city inspections.
THE "DUCHESS OF NEWARK" MODEL IN VAILSBURG - 3,791 SQUARE FEET OF LUXURY LIVING SPACE. 2-CAR BUILT IN GARAGE, CENTRAL AIR CONDITIONING, AND HARDWOOD FLOORS/CERAMIC TILE THROUGHOUT. ELIGIBLE FOR 5-YEAR TAX ABATEMENT. ESTIMATED DATE OF OCCUPANCY: 1-15-25. LISTED RENTS ARE ESTIMATED, NOT GUARANTEED.
BRAND NEW 3-FAMILY HOME. 4,604 SQUARE FEET OF GROSS LIVING SPACE. GROUND FLOOR: LR, DR, KIT, 2 BEDS, FULL BATH. SECOND AND THIRD FLOORS BOTH OFFER 3BEDROOM/2BATH APARTMENTS. CENTRAL AIR THROUGHOUT. HARDWOOD FLOORS AND CERAMIC TILE THROUGHOUT. HOME IS ELIGIBLE FOR A 5 YEAR PROPERTY TAX ABATEMENT. RENTAL INCOME IS ESTIMATED. CONSTRUCTION IS 100% COMPLETED.
Discover an extraordinary investment opportunity in the heart of Newark! This remarkable 3-family home boasts of 9 bedrooms 4 full baths & a finished basement. This property is conveniently situated in Newark, offering easy access to schools, parks, shopping, dining, and public transportation. It's a golden opportunity for investors and those seeking a versatile and comfortable living space.
Discover an extraordinary investment opportunity in the heart of Newark! This remarkable multi family home situated on a quiet street, boasts of 8 bedrooms and 3 full baths, stands as a shining example of spacious and versatile living. This property is conveniently situated in Newark, offering easy access to schools, parks, shopping, dining, and public transportation. It's a golden opportunity for investors and those seeking a versatile and comfortable living space.
Welcome Home, step into the comfort of this charming 3-bedroom, 2-bathroom home calling you to infuse it with your unique decorative flair. Ideal for those embarking on their first homeownership journey, this property is conveniently located near University Heights, offering easy access to shopping, dining, schools, and more. Don't miss the opportunity to make this house your own - call to schedule a viewing today and make it yours!
Commercial space on the ground floor and two apartments on top, 2nd floor consists of 3 bedrooms and 2 bathrooms and 3rd floor consists of 3 bedrooms 1 bathroom. Close to major highways, public transportation and shopping
The property consists of 2 lots, Being used as a mechanic shop. The property has many possibilities, this is a great location for redevelopment of residential apartments. This is being sold with 46 and 48 New York Avenue.
Welcome to 286-290 16th Ave, being sold as a bundle along with 558 S 18th St. A unique and versatile commercial property offering an exciting opportunity for entrepreneurs and investors alike. 286-290 16th Ave offers 4 spacious and versatile commercial spaces, perfect for a wide range of businesses, as well as a dance hall, patio, and outdoor kitchen. Don't miss out on the chance to own this exceptional property, schedule a showing today and unlock its full potential.
Welcome to 558 S 18th St, a mixed-use property being sold along with 286-290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.
Welcome to 558 S 18th St, being sold along with 286-290 16th Ave. Offering two exceptional properties offering a prime opportunity for both business and residential investment. 558 S 18th St offers a full, unfinished basement with a spacious commercial unit on the ground floor, a 2-bredroom 2-bathroom apartment on the 2nd floor, and a 2-bedroom 1-bathroom on the 3rd floor. Conveniently located on the corner of 18th St and 16th Ave, this property enjoys prime visibility and accessibility, attracting both clients to the commercial space and residents seeking convenience and connectivity. Whether you're an investor seeking a lucrative income property or a business owner looking to establish a presence in a thriving community, this property presents an unparalleled opportunity. Don't miss out on the chance to own this exceptional mixed-use property, schedule a showing today and unlock its full potential.
Welcome to 286-290 16th Ave, being sold as a bundle along with 558 S 18th St. A unique and versatile commercial property offering an exciting opportunity for entrepreneurs and investors alike. 286-290 16th Ave offers 4 spacious and versatile commercial spaces, perfect for a wide range of businesses, as well as a dance hall, patio, and outdoor kitchen. Don't miss out on the chance to own this exceptional property, schedule a showing today and unlock its full 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.