Newark, NJ 07108

$240,000
MLS #/Web ID: 1839560
1839560

Multi-Family Home for sale in Newark, NJ

for $240,000 with 5 bedrooms and 3 full baths.

Property Information

  • $240,000
  • 5 Bedrooms
  • 3 Full Baths
  • Multi-Family
  • Taxes are $8,099
  • 2 Family
  • Active
  • Newark, NJ
  • Essex County
  • MLS/Web ID is 1839560

Description

Amazing opportunity to own this multi family home to either live in 1 unit and rent the other units or collect rents from this income producing home. 2 units featuring living room, dining room, 2 bedrooms, kitchen. Bonus Attic unit features living room, dining room, 1 bedroom, bathroom. Home has a 2 car detached garage with 4 car parking in driveway. Untapped the full potential. Sold As Is, buyer responsible for all inspections.

Interior 3

Basement

  • Full Basement

Heating Source

  • Oil

Room Features

  • Lower Floor Laundry

Exterior 3

Garage

  • 2 Car
  • Detached

Lot Description

  • Regular

Siding

  • Brick
  • Vinyl

† Excluded Feature

Listed By

Listing Agent: Jennifer Love
Broker: Weichert Realtors
Office: Union

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or Call us at 1-800-839-1363

Market Pricing

Average % of sale price Median % of sale price
All listings in Newark $495,469 106 % above $305,000 27 % above
Multi-family listings in Newark $339,808 42 % above $325,000 35 % above
Sold listings in Newark $75,000 69 % below $0 100 % below

Get the facts about Newark, NJ!

Population 279,327
Population Growth (since 2000) 2 %
Median Income $36,022
Median Age 34.06
Households w/ Children 35 %

Residential Dwellings

  • Owned 21881
  • Vacant 13569
  • Rented 73259

Similar Listings

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or Call us at 1-800-839-1363