Exceptional investment opportunity! Built in 2017, this newer construction 3-family offers approximately 4,500 sq. ft. of modern living space in excellent condition. Features spacious layouts, oversized kitchens, all appliances included, quality finishes, a 2-3 car driveway plus a 2-car garage. One unit is vacant, providing immediate owner-occupancy or lease-up potential. The remaining units generate strong rental income, with the 3rd floor renting for $2,900/month and the 2nd floor for $2,200/month. Conveniently located near major highways, public transportation, Newark Penn Station, Newark Liberty International Airport, shopping, restaurants, and downtown Newark. Perfect for investors seeking immediate cash flow or owner-occupants looking to offset their mortgage. Don't miss this turnkey income-producing property!
| MLS # | 4043424 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 2018 |
| Days On Site | 59 |
| Listing Provided By | EXP REALTY, LLC | CARLIE CARREIRA |
| Bath(s) | 6 Total |
|---|---|
| Garage | 2 |
| Property | 15112 |
|---|
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07114 |
| Area | Essex |
| Listing VS Median (in 07114) | |
Price: $889,000 low | high Med: $329,500 On site: 59 low | high Med: 135.5 | |
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07114 |
| Area | Essex |
| Listing VS Median (in 07114) | |
Price: $889,000 low | high Med: $329,500 On site: 59 low | high Med: 135.5 | |