Exceptional Investment Opportunity in Newark! Calling all investors, contractors, developers, and savvy owner-occupants looking to capitalize on one of Newark's growing neighborhoods. This side-by-side duplex offers two spacious units, each featuring 2 bedrooms, a comfortable living room, large eat-in kitchen, and a versatile bonus room that can be used as… Read More a dining room, den, home office, playroom, or additional living space the choice is yours. Adding even more value is a detached 4-car garage, offering excellent potential for storage, workshop space, contractor use, hobbyists, or additional rental income opportunities. The property features newer gas furnaces and hot water heaters, providing a solid foundation for future improvements. With great bones and tremendous upside potential, this is an ideal opportunity for those looking to renovate, build equity, or expand their investment portfolio. Conveniently located near parks, schools, shopping, public transportation, Newark Liberty International Airport, and major highways. Situated approximately 2 miles from the exciting new Lionsgate Newark Studios development, a transformative project expected to bring jobs, investment, and continued growth to the area. Buyer is responsible for all inspections, certifications, municipal requirements, Certificate of Occupancy, and any and ALL repairs required to close. Read Less
Courtesy of REAL.
Listing Snapshot
Days Online
41
Last Updated
Property Type
Other
Beds
2
Lot Size
0.11 Acres
Year Built
1941
MLS Number
4036447
30 Days Snapshot Of 07114
$343k
-4%
(avg) sold price
2
+100%
homes sold
137
+179%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished, Yes
Building
Built in 1941
Cooling
None
Expenses
Expenses: Taxes
Exterior Features
Vinyl Siding, Wood
Garage
4 garage spaces, Detached Garage
Water Features
Gas, See Remarks, Public Water
Heating
Gas-Natural, See Remarks, 2 Units, Forced Hot Air
Lot
Approximate Lot Size: 40X116.7, 0.11 acres
Parking
4 parking spaces, See Remarks
Property
2 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $4,486, Tax Rate: 3.999
Unit One
1 bathroom, 2 bathrooms, 1,470 sqft, Handicap Accessibility: No, See Remarks
Unit Two
1 bathroom, 2 bathrooms, 1,470 sqft, Handicap Accessibility: No, See Remarks
Utilities
Electric, Gas In Street, Gas-Natural, Cable TV Available
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