Property
Beds
9
Full Baths
4
1/2 Baths
1
Year Built
1910
Sq.Footage
6,312
Welcome to this expansive legal 3-family property in the heart of Newark offering exceptional upside for investors, contractors, or owner-occupants seeking value-add potential. This spacious multi-family property features a total of 9 bedrooms and 3 full bathrooms across the main residential units, along with an additional finished basement space offering 4 bonus rooms, a full bathroom, a half bath, and a separate entrance providing flexible use potential.Featuring generously sized layouts, high ceilings, abundant natural light, and classic architectural character throughout, the property offers an excellent foundation for renovation. Situated on an oversized fenced-in lot with iron fence enclosure and gated entry, the property also includes a detached 2-car garage, separate utilities, and a large covered front porch adding to the home's curb appeal and presence. With over 6,300 sq ft of property area, this is a rare opportunity to reposition and customize a substantial multi-family asset in one of Newark's rapidly developing areas.Conveniently located near major transportation routes, shopping, schools, parks, and public transit with easy access to NYC commuting options. Property is vacant, requires a full cosmetic renovation, and is being sold strictly as-is. Buyer responsible for all municipal certificates, inspections, and due diligence. Excellent opportunity for investors seeking strong income potential, multi-generational living, or long-term appreciation upside.
Features & Amenities
Interior
-
Total Bedrooms
9
-
Bathrooms
4
-
1/2 Bathrooms
1
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Baseboard, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Vinyl Siding
-
Parking
Detached
-
Patio and Porch Features
Patio
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.09
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Triplex, Under/Over
Price
-
Sales Price
$749,000
-
Tax Amount
$8,441
-
Sq. Footage
6, 312
-
Price/SqFt
$118
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Essex
Elementary School
Middle School
High School
Listing Courtesy of None , UNITED REAL ESTATE
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FOUNDER
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