192 1St St

Welcome to 192 1st, Newark NJ. This 2-family investment property offers not only fantastic income potential but also the allure of a prime location near nature and convenient transportation links strategically positioned in close proximity to the picturesque Branch Brook Park and conveniently situated just off the 280 highway! The 1st unit, is occupied currently generating a rental income of $1010 per month, features a well-maintained 2-bedroom, 1-bathroom layout with the potential to expand into a generous 3-bedroom, 1-bathroom space. The 2nd unit "is vacant" spans two stories and boasts 4-bedrooms, 2-bathrooms presenting an excellent canvas for customization into a potential 5-bedroom, 2-bathroom residence, perfectly suited for a larger household or higher rental returns. Please note, the property is being sold in "As Is" condition, providing the buyer with an ideal opportunity to shape the space according to their vision. The buyer will be responsible for obtaining the Certificate of Occupancy (CO) as part of the purchase process. This property combines exceptional investment potential with the added allure of being adjacent to Branch Brook Park and conveniently located near the 280 highway, making it an enticing opportunity for investors or those seeking a multifamily home in a desirable Newark location.