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$450,000
Est. payment /mo
4 Beds
3 Baths
1,638 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,638 sqft
Price per Sqft $274
MLS Listing ID 3963540
Style Colonial
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1892
Annual Tax Amount $5,206
Tax Year 2024
Lot Size 4,356 Sqft
Property Sub-Type Single Family
Property Description
Close to Newark EWR Airport, this unique property offers a rare opportunity for investors and savvy buyers. Situated on a generous lot, the home features development potential explore the possibility of building an additional structure or expanding for multi-use purposes (subject to zoning approval).The existing home includes a functional office space on the first floor, ideal for a home business or remote work setup. A walk-out basement leads to an expansive backyard, perfect for entertaining, gardening, or future construction. While the property does need some TLC, it's a solid investment with incredible upside. Whether you're looking to renovate, or build, this is your chance to own in one of one Newark's prime areas. Property is currently tenant-occupied with tenants on a month-to-month lease paying $2,000 per month. Ideal for buyers looking to generate immediate rental income.
Location
State NJ
County Essex
Rooms
Basement Walkout
Kitchen Separate Dining Area
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style Colonial
Others
Senior Community No
Ownership Fee Simple
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Listed by NJ ELITE GROUP LLC