Properties

Description

Built in 2023, this striking contemporary 2-family home is an excellent opportunity for owner-occupants and investors, offering modern design, generous living space, strong rental income and approximately 2 years remaining on its 5-year tax abatement. Unit 1 offers 3 bedrooms, 2 full baths, living room, dining area and kitchen, plus direct interior access to the ground level with a spacious rec room, laundry hookups, utility room, garage and half bath. Unit 2 includes 3 bedrooms, 2 full baths, living room, dining area and kitchen. Both units feature wood and ceramic flooring, central air/heat, separate utilities and bright modern interiors. Both apartments are occupied month-to-month, with Unit 1 renting for $3,250/month and Unit 2 for $2,600/month, producing $5,850 in total monthly rent. Live in one unit while benefiting from rental income or add a newer multifamily to your investment portfolio. Assumable VA loan at 5.99% may be available to a qualified buyer, subject to lender/servicer and VA approval. Ask for details. While the property remains in near-new condition, listing photos were taken prior to current tenant occupancy and are intended to showcase the home's layout, finishes and features.

Features

  • Heating System : 2 Units
  • Cooling System : 2 Units
  • Basement : Walkout, Finished
  • Roof Deck : Asphalt Shingle
  • Parking : 2
  • Parking Description: Driveway-Exclusive
  • Interior Features: Carbon Monoxide Detector, Cathedral Ceiling, Fire
  • Tax Assessed Valuation: 431400
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: IDENTITY PROPERTIES
  • Office MLS ID: 5963
  • Agent ID: 293244
  • Tax: 9999
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$850,000

118 Littleton Ave, Newark City, *

  • SQFT 25 Acre
  • Bedroom 6
  • Built Year 2023

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5471085
  • Price: $850,000
  • Bedrooms: 6
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 2023
  • Year Built Description: Approximate
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: West Ward
  • Street: Littleton Ave
  • Street Number: 118
  • Street Direction: 12th Ave to Littleton Ave, between 12th Ave and So
  • Floor Number: 0
  • Longitude: W75° 48' 20.8''
  • Latitude: N40° 44' 34.9''
  • Internet Display Address: Yes
Property