Properties

Description

Exceptional new construction 2-family home built in 2022, ideally located in Newark's desirable North Ward, just off Broadway between Chester and Delavan Avenues near Belleville. An outstanding opportunity for both owner-occupants and investors, the 2nd-floor apartment is vacant and ready for occupancy, while the 1st-floor apartment is occupied by a quality tenant, providing immediate rental income to offset your mortgage.The vacant 2nd-floor apartment features a bright open-concept living and dining area, a beautifully appointed kitchen with stainless steel appliances, 2 spacious bedrooms, a full bath, ample closet space, and convenient pull-down attic storage.The 1st-floor apartment offers a similar open-concept layout with stainless steel appliances, 2 generously sized bedrooms, and a full bath. This apartment also enjoys exclusive access to the finished lower level, complete with a laundry area, 1/2 bath, direct exterior access, and an exceptionally finished built-in garage featuring attractive vinyl flooring, finished walls, and abundant lighting. This versatile space provides endless possibilities for storage, a workshop, home gym, hobby area, or additional rec space.Built with modern systems, contemporary finishes, and separate utilities, this low-maintenance property offers lasting value and exceptional versatility. Conveniently located near Branch Brook Park, shopping, restaurants, major highways, and public transportation with easy access to New York City.

Features

  • Heating System : Forced Hot Air, 2 Units
  • Cooling System : Central Air, 2 Units
  • Basement : Walkout, Finished
  • Roof Deck : Asphalt Shingle
  • Parking
  • Parking Description: See Remarks
  • Interior Features: Carbon Monoxide Detector, See Remarks, Smoke Detec
  • Exterior Features: See Remarks
  • Tax Assessed Valuation: 310500
  • Sewer: Public Sewer, See Remarks
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: IDENTITY PROPERTIES
  • Office MLS ID: 5963
  • Agent ID: 402817
  • Tax: 12416
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$700,000

118 Oraton St, Newark City, *

  • SQFT 24.60 Acre
  • Bedroom 4
  • Built Year 2022

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5448398
  • Price: $700,000
  • Bedrooms: 4
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 2022
  • Year Built Description: Approximate
  • Lot Area: 24.60 Acre
  • Status: Active
  • Days On Market: 59

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: North Ward
  • Street: Oraton St
  • Street Number: 118
  • Street Direction: Garden State Pkwy Exit 148 to Broadway, left on Ch
  • Floor Number: 0
  • Longitude: W75° 50' 18.9''
  • Latitude: N40° 46' 10.5''
  • Internet Display Address: Yes
Property