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3-Three Story

163-165 Brookdale Ave

Newark City , NJ 07106

MLS#: 4009219

$615,000

Status: Active
Listing number: 4009219
Listing provided by: HI-LEVEL REAL ESTATE
Listing agent phone: None
Last update: 19 hours ago
On site: 27 days ago
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Property

Beds

10

Full Baths

4

1/2 Baths

None

Year Built

1950

Sq.Footage

3,800

Welcome to this spacious legal 3-family home located in a rapidly developing area of Newark an excellent opportunity for anyone who is looking for a multi-family building. The first unit is 3 bad/1 ba. renting for $1600. The second unit is 3 bad/1 ba. renting for $1650. The third unit is 2 bd/1 ba and vacant. It was renting for $1400. The property features a full, finished basement which was renovated in 2019, where the seller added two bedrooms and a full bathroom, offering valuable additional living space and flexibility. The building is currently tenant-occupied with two tenants. The entire building is expected to be delivered vacant by mid March; providing a rare opportunity to customize, renovate, or reposition the property to maximize value. The property also offers off-street garage and driveway parking. Sold as-is, this home offers strong upside potential for buyers looking to add their own touch and renovations. With generous room sizes and a versatile layout, the property presents endless possibilities in a neighborhood that continues to grow and attract attention.

Features & Amenities

Interior

  • Total Bedrooms

    10

  • Bathrooms

    4

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Aluminum Siding, Wood Siding

  • Parking

    Detached

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.08

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    3-Three Story

Price

  • Sales Price

    $615,000

  • Tax Amount

    $8,686

  • Sq. Footage

    3, 800

  • Price/SqFt

    $161

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • 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 , HI-LEVEL REAL ESTATE

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Patrick Bolger

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(973) 945-9979

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Welcome to this spacious legal 3-family home located in a rapidly developing area of Newark an excellent opportunity for anyone who is looking for a multi-family building. The first unit is 3 bad/1 ba. renting for $1600. The second unit is 3 bad/1 ba. renting for $1650. The third unit is 2 bd/1 ba and vacant. It was renting for $1400. The property features a full, finished basement which was renovated in 2019, where the seller added two bedrooms and a full bathroom, offering valuable additional living space and flexibility. The building is currently tenant-occupied with two tenants. The entire building is expected to be delivered vacant by mid March; providing a rare opportunity to customize, renovate, or reposition the property to maximize value. The property also offers off-street garage and driveway parking. Sold as-is, this home offers strong upside potential for buyers looking to add their own touch and renovations. With generous room sizes and a versatile layout, the property presents endless possibilities in a neighborhood that continues to grow and attract attention.

163-165 Brookdale Ave

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