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Patric Santo Pietro

[email protected] +1(732) 570-5442

$ 649,500

Est. payment -/mo

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Under Contract

426-428 3rd Ave West Newark City, NJ 07102

8 Beds

4 Baths

1,998 SqFt

UPDATED:

10/15/2024 01:19 PM

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,998 sqft

Price per Sqft $325

MLS Listing ID 3903854

Style 3-Three Story

Bedrooms 8

Full Baths 4

Year Built 1926

Annual Tax Amount $9,364

Tax Year 2023

Lot Size 3,920 Sqft

Property Description

Calling All Investors!! Welcome to an exceptional investment opportunity in the heart of Newark, NJ! This recently renovated multifamily property located at 426-428 3rd Ave West offers a lucrative option for both investors and homeowners looking to generate rental income. Situated on a residential street, this property boasts modern amenities, ample parking, and a charming backyard, making it an ideal choice for those seeking a profitable real estate venture. Enjoy the outdoors in the property's charming backyard, perfect for relaxing or entertaining during warmer months. The space offers a private retreat in the midst of the city, adding value and appeal to the property. Income Potential With a great rent roll already in place, this property offers immediate income potential for investors with a full finish basement and attic. Alternatively, buyers can choose to live in one unit and rent out the other, providing an opportunity to offset mortgage expenses and build equity. Don't Miss Out! This meticulously maintained multifamily property offers a rare chance to invest in Newark's thriving real estate market. Whether you're an experienced investor or a first-time buyer looking to maximize your investment, 426-428 3rd Ave West presents a compelling opportunity. Schedule a showing today and discover the potential of this turnkey investment property! More Photo's to Come!!!

Location

State NJ

County Essex

Rooms

Basement Finished, Full

Interior

Heating See Remarks

Cooling Window A/C(s)

Heat Source See Remarks

Exterior

Exterior Feature Composition Shingle, Vinyl Siding

Garage Attached Garage

Garage Spaces 2.0

Roof Type Asphalt Shingle, See Remarks

Parking Type 1 Car Width, Blacktop, See Remarks

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Listed by COLDWELL BANKER REALTY

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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Patric Santo Pietro

Patric Santo Pietro

426-428 3rd Ave West Newark City, NJ 07102

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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426-428 3rd Ave West