314 Smith St,Newark City, NJ 07106
Newark City, NJ 07106
Description
Exceptional investment opportunity in Newark! This property offers strong income-producing potential with separate utilities, making it an ideal addition to any investment portfolio or a great owner-occupied opportunity. The spacious units feature generous room sizes, abundant natural light, and functional layouts designed for comfortable living. Finished basement with full bathroom and kitchenette. This home is situated on a quiet residential street, the property is conveniently located near major highways, public transportation, shopping, schools, parks, providing easy access for commuters and tenants alike. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this property presents outstanding long-term value in one of Newark's continually growing neighborhoods. Don't miss this excellent opportunity to own a cash-flowing asset with tremendous upside potential. HIGHEST AND BEST OFFERS ARE DUE BY MONDAY, JULY 20, 2026 BY 1PM.
Details
| MLS # | 4040406 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 1927 |
| Days On Site | 63 |
| Listing Provided By | RE/MAX SELECT | CARLOS TURNER |
Features
| Bath(s) | 3 Total |
|---|---|
| Garage | 2 |
| Basement | Y |
Taxes
| Property | 7798 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07106 |
| Area | Essex |
| Listing VS Median (in 07106) | |
Price: $510,000 low | high Med: $3,700 On site: 63 low | high Med: 59 | |
Market Activity 07106
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Learn More About This Property
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07106 |
| Area | Essex |
| Listing VS Median (in 07106) | |
Price: $510,000 low | high Med: $3,700 On site: 63 low | high Med: 59 | |
