Properties

Description

"Prime Investment Opportunity in Newark's Desirable Ironbound Section. This well-maintained four-family residence offers an exceptional value-add or turn-key opportunity for the savvy investor. Each of the four units features a functional 3-room layout, maximizing rental appeal. The property boasts significant premium amenities rarely found in this high-demand neighborhood, including a full basement with dedicated tenant storage, expansive rear parking, and two private detached garages. Situated in a high-occupancy area with easy access to Penn Station, local dining, and major transportation hubs, this asset is positioned for strong cash flow and long-term appreciation.". Has 2 garage and additional 3/4 parking spots who can provide additional $1,000.00 income per month

Features

  • Heating System : 4+ Units, Baseboard - Hotwater
  • Cooling System : Window A/c(s)
  • Basement : Unfinished
  • Roof Deck : Flat, Rubberized
  • Parking : 5
  • Parking Description: Blacktop, Concrete Strip, Driveway-Exclusive, Park
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke
  • Exterior Features: Patio, Privacy Fence, Wood Fence
  • Lot Description: Level Lot
  • Tax Assessed Valuation: 188400
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric
  • Internet

Additional Info

  • Office Name: SKY REALTY ASSOCIATES
  • Office MLS ID: 4581
  • Agent ID: 275627
  • Tax: 7164
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: Residential

Multi-Family For Sale

For Sale
$875,000

203 Oliver St, Newark City, *

  • SQFT 25 Acre
  • Bedroom 4
  • Built Year 1900

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5390413
  • Price: $875,000
  • Bedrooms: 4
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1900
  • Year Built Description: Renovated
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 76

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Oliver St
  • Street Number: 203
  • Street Direction: See Google
  • Floor Number: 0
  • Longitude: W75° 50' 8.5''
  • Latitude: N40° 43' 25.5''
  • Internet Display Address: Yes
Property