Investor alert! Welcome to 116 Mapes Ave, Newark, NJ ? a fantastic opportunity to own a solid 3-unit multi-family property in a thriving neighborhood. This well-maintained building offers strong income potential and immediate upside.The second and third-floor units have been tastefully updated, providing modern finishes that will appeal to today's… Read More renters. The first-floor unit is currently tenant-occupied, generating steady income, while the second floor is owner-occupied, and the third floor is vacant and move-in ready?perfect for rental or additional flexibility.Whether you're looking to expand your real estate portfolio or jump into house-hacking, this property offers versatility and future growth. Don?t miss out on this chance to invest in a vibrant area of Newark that continues to show strong demand. Read Less
Courtesy of EMERA REALTORS, MONA SALMAN, 732-970-6996
Listing Snapshot
Days Online
17
Last Updated
Property Type
Other
Beds
6
Lot Size
0.08 Acres
Year Built
1922
MLS Number
3971766
30 Days Snapshot Of 07112
$476k
+11%
(avg) sold price
4
0%
homes sold
72
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Yes
Building
Built in 1922, Renovated in 2024
Cooling
Ceiling Fan, Window A/C(s)
Expenses
Expenses: See Remarks
Exterior Features
Vinyl Siding
Garage
See Remarks
Water Features
Gas, Public Water
Heating
Gas-Natural, Baseboard - Cast Iron
Interior Features
Carbon Monoxide Detector, Fire Extinguisher, Stain Glass Windows
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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