Properties

Description

Opportunity is knocking!!! An ideal investment for your portfolio, this turnkey multifamily property features 4 units - three 2 bedroom/1 bath apartments and a 3 bedroom/1 bath apartment. All units are currently tenant-occupied, providing an instant rental stream. Throughout the property you'll find some features like modern wood-looking flooring, fresh paint, updated bathrooms, and modern kitchens complete with white cabinetry, subway tile, and stainless steel appliances. The unfinished basement has high ceilings, offering future opportunity to maximize the space. Utilities are separate, including forced air heating and hot water heaters. Outside, you'll find a long concrete driveway leading to a rear parking lot. The home also has garage spaces for parking. Centrally located to schools, playgrounds, shops, public transportation, and major highways. Book your showing today!

Features

  • Heating System : 4+ Units
  • Cooling System : Central Air, 4+ Units
  • Basement : Full, Unfinished, Walkout
  • Roof Deck : Flat
  • Parking : 4
  • Parking Description: Concrete
  • Tax Assessed Valuation: 393900
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric

Additional Info

  • Office Name: NATIONWIDE HOMES REALTY LLC
  • Office MLS ID: 4958
  • Agent ID: 403445
  • Tax: 15752
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$1,099,000

7 Patten Pl, Newark City, *

  • SQFT 50 Acre
  • Bedroom 9

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5451217
  • Price: $1,099,000
  • Bedrooms: 9
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 0
  • Lot Area: 50 Acre
  • Status: Active
  • Days On Market: 14

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Patten Pl
  • Street Number: 7
  • Street Direction: Wolcott Terrace to Patten Pl
  • Floor Number: 0
  • Longitude: W75° 47' 23.3''
  • Latitude: N40° 43' 2.9''
  • Internet Display Address: Yes
Property