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Listed by Destiny Gonzalez Mendez Grp LLC
$ 700,000
Est. payment | /mo
6 Beds
6 Baths
$ 700,000
Est. payment | /mo
6 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 26006889
Style 3 Family
Bedrooms 6
Full Baths 5
Half Baths 1
Property Sub-Type 3 Family
Property Description
Exceptional opportunity to own a rare multi-family property situated on two separate lots in a prime Newark location. This spacious 3-family home offers a total of 6 bedrooms and 5 bathrooms, plus a full finished walk-out basement with incredible flexibility for future upgrades and added value. Perfect for Investors seeking strong rental upside, Contractors looking to build equity or Owner-occupants who want to live in one unit and rent the others With strategic updates, this property has significant income potential and long-term appreciation upside. A major bonus feature includes 5 detached garages plus 5 additional parking spaces — a rare and highly desirable amenity in Newark that adds immediate rental value. The finished walk-out basement offers flexibility for additional living space, storage, or future reconfiguration to maximize returns. Conveniently located near: Tops Diner New Jersey Devils home arena at Prudential Center Newark Penn Station for NJ Transit & PATH access to NYC Major highways including Interstate 280, Garden State Parkway, and Route 21 Minutes from Downtown Newark shopping, dining, and business district Easy access to transportation makes this an attractive rental location for commuters traveling to NYC and surrounding North Jersey areas.
Location
State NJ
County Essex
Interior
Laundry Basement
Exterior
Garage Spaces 5.0
