Properties

Description

Newly Back on Market! Exceptional Investment Opportunity in NewarkJust 15 minutes from the Prudential Center and conveniently located near public transportation, this two-family home offers unbeatable potential. Whether you're a seasoned investor or new to real estate, this property provides substantial returns with over $60,000 in annual rental income and a lucrative bonus unit.Property Highlights:Brand New Roof with a 10-year warranty for peace of mindThree Spacious Units:4-bed/1-bath- vacant4-bed/2-bath- tenant2-bed/1-bath- bonus spacePrime Location just minutes from transportation, shopping, dining, and entertainmentLaundry Facilities on-site for tenant convenienceStrong Rental History with steady cash flowGreat Location close to Newark?s thriving business district and cultural landmarksWith its ideal layout and high-demand location, this property offers impressive returns for investors looking to capitalize on a growing market. Whether you're seeking to expand your portfolio or enter the world of real estate investing, this home provides both value and versatility. Don?t miss out on this rare opportunity to secure a prime piece of Newark real estate.

Features

  • Heating System : Forced Hot Air, See Remarks
  • Cooling System : See Remarks
  • Basement
  • Basement Description: Unfinished
  • Kitchen : Eat-in Kitchen
  • Roof Deck : See Remarks
  • Parking Description: None
  • Interior Features: Carbon Monoxide Detector, High Ceilings, Smoke Det
  • Tax Assessed Valuation: 175700
  • Sewer: Public Sewer
  • Style: Multi Floor Unit
  • Water: Public Water

Appliances

  • Appliances Description: Cooktop - Gas, Refrigerator
  • Utilities: Gas-Natural

Additional Info

  • Office Name: KELLER WILLIAMS HUDSON VALLEY
  • Office MLS ID: 3926
  • Agent ID: 407142
  • Tax: 6550
  • Tax Year: 2023
  • Application Fee: $0

Residential

$595,000

162 S 11th St, Newark City, *

  • SQFT 25 Acre
  • Bedroom 10
  • Bathroom 4
  • Built Year 1882

Details

  • Property Type: Residential
  • Property Sub Type: Single Family
  • Listing Type:
  • Listing ID: 5312784
  • Price: $595,000
  • Bedrooms: 10
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1882
  • Year Built Description: Renovated
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: S 11th St
  • Street Number: 162
  • Street Direction: Property located off Central Avenue
  • Floor Number: 0
  • Longitude: W75° 48' 8.7''
  • Latitude: N40° 44' 55.4''
  • Internet Display Address: No
Property