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$ 618,000
Est. payment | /mo
8 Beds
3 Baths
29,997 SqFt
$ 618,000
Est. payment | /mo
8 Beds
3 Baths
29,997 SqFt
Open House
Sun Sep 07, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family, Commercial
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 29,997 sqft
Price per Sqft $20
MLS Listing ID 3984278
Style 3-Three Story
Bedrooms 8
Full Baths 3
Year Built 1910
Annual Tax Amount $6,370
Tax Year 2024
Lot Size 3,049 Sqft
Property Description
Welcome to Upper Vailsburg where you'll find a fantastic investment opportunity in a thriving Newark neighborhood! This spacious 3-family home was updated in 2012 and is move-in ready, making it ideal for both investors and owner-occupants looking to generate rental income. On the first level, you'll find a bright unit featuring 3 bedrooms, 1 bathroom, and an open living/dining area, perfect for comfortable living. The second level mirrors this layout with 3 bedrooms, 1 bathroom, a living room, and a dining room, offering ample space and flexibility. The third level has a cozy setup with 2 bedrooms, 1 bathroom, a living room, and an eat-in kitchen, giving it a warm, homey feel. The property also includes an unfinished basement with utilities and mechanicals, providing storage or future finishing potential. A privacy fence surrounds the home, adding extra security and outdoor space for tenants to enjoy. Conveniently located near the VA Medical Center and major transportation, this property is positioned in a high-demand rental area. Whether you're expanding your portfolio or searching for a home with income-producing potential, this 3-family residence offers both immediate value and long-term upside.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features None
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by KELLER WILLIAMS REALTY
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Carlos "Alex" Jesus
Broker | Lic# 9798051