Turnkey Income-Producing 2-Family in Prime Newark Location! Exceptional investment opportunity already generating $4,500/month in rental income with reliable tenants in place. This well-maintained property offers two spacious units: First Floor is a 3BD/1BA and Second Floor is a 3BD/2BA with a Balcony, each with separate utilities for tenant-paid expenses and… Read More maximum owner convenience. Recent updates ensure minimal maintenance, while the functional layouts appeal to long-term renters. Low annual taxes of just $4,875 enhance your cash flow. Situated in a high-demand rental area near transit, shopping, and major highways, this property offers immediate returns plus strong appreciation potential. Schedule your showing now before it's gone! Read Less
Courtesy of LIVX, MABEL PENA, 973-563-2174
Listing Snapshot
Days Online
36
Last Updated
Property Type
Other
Beds
6
Square Ft.
3,020
Lot Size
0.06 Acres
Year Built
1916
MLS Number
3979954
30 Days Snapshot Of 07103
$379k
+1%
(avg) sold price
6
-45%
homes sold
94
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished, Yes
Building
Built in 1916, Renovated in 2010
Cooling
2 Units
Exterior Features
Vinyl Siding, See Remarks
Garage
On-Street Parking
Water Features
Public Water
Heating
Gas-Natural, 2 Units, Forced Hot Air
Interior Features
See Remarks
Lot
Approximate Lot Size: 25x100, 0.06 acres
Parking
Off-Street Parking
Property
3,020 sqft building, 2 units, FHA Age Restricted: No
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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