Massive 3-Family Home on Oversized Lot Prime Newark Location Near UMDNJ! Welcome to this exceptional investment opportunity just steps from UMDNJ in Newark! This massive 3-family property offers an unbeatable location, impressive square footage, and endless potential for both owner-occupants and savvy investors.Situated on an extra-large lot, this home boasts… Read More spacious units with high ceilings, generous layouts, and tons of natural light. Each unit offers distinct charm and flexibility ideal for lucrative rental income. The expansive lot provides rare outdoor space in the city, perfect for parking, gardening, and more. Located in a growing neighborhood just around the corner from University Hospital and Rutgers Biomedical and Health Sciences, this property is a prime choice for those seeking proximity to major institutions, transportation, and downtown Newark amenities. Key Features: Three spacious residential units. Massive interior square footage. Oversized lot Prime location steps from UMDNJ, Rutgers, and University Hospital. Close to NJ Transit, highways, and downtown Newark. Don't miss out on this rare opportunity to own a standout multi-family property in one of Newark's most desirable areas! Read Less
Courtesy of EXP REALTY, LLC, CARLIE CARREIRA, 973-583-0149
Listing Snapshot
Days Online
31
Last Updated
Property Type
Other
Beds
8
Lot Size
0.09 Acres
Year Built
2015
MLS Number
3962709
30 Days Snapshot Of 07103
$351k
+8%
(avg) sold price
7
-22%
homes sold
92
+1%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
No
Building
Built in 2015
Cooling
Central Air
Exterior Features
Brick
Garage
2 garage spaces, Attached Garage
Water Features
Public Water
Heating
Gas-Natural, 3 Units, Forced Hot Air
Lot
Approximate Lot Size: 3750 SF, 0.09 acres
Parking
3 parking spaces, 2 Car Width
Property
3 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $12,842, Tax Rate: 3.803
Unit One
2 bedrooms, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas
Unit Two
2 bedrooms, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas
Unit Three
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas
Utilities
Gas-Natural
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