Investor Special in the Heart of Newark - Excellent Potential for Multi-Family ConversionWelcome to an incredible investment opportunity in the vibrant heart of Newark! This spacious 5-bedroom, 1 full bath, and two half-bath home spans 2,200 square feet, boasting great bones and high ceilings, offering a perfect canvas for your vision.Key Features:5 Bedrooms, 1 Full Bath, 2 Half Baths2,200 Square FeetGreat Bones and High CeilingsPotential for Multi-Family ConversionPrime Location: Situated strategically, this property is close to parks, schools, shopping centers, and convenient transportation options. Whether you're looking to tap into the rental market or transform this space into a multi-family dwelling, the possibilities are endless.Investor-Friendly Details:After Repair Value (ARV): $475,000Ideal for Investors Seeking High ROI or First Time Home Buyers Looking for Low Entry and Light to Medium Rehab.
Home Type
Est. Annual Taxes
Year Built
Home Design
Bedrooms and Bathrooms
Additional Features
$370,000
Welcome to this charming Colonial home nestled on a spacious piece of property, ideally situated on a very convenient street in Newark. This 3 bedroom residence features a cozy living room, a formal dining room, and a stunning backyard that offers a touch of tranquility, perfect for outdoor activities and relaxation. Conveniently located near schools, shopping centers and a bus route to NYC, this
Karem Guzman Coldwell Banker, Ridgewood
$365,000
WELCOME to 417 Lafayette St!!! Charming, well-maintained Townhouse, and it is conveniently located in the heart of the Ironbound. Everything is just steps away from your door. Local restaurants, Ferry, Wilson Street Shopping stores, recreational parks, and all major highways and public transportation. Features: First-level Kitchen/Dining room with ample cabinets, access to the backyard. Spacious
Augusto Verissimo WEICHERT REALTORS - HOME CITY
$299,998
3 Bed 1 bath with potential to be a 6 bed 3 bath. Architectural plans, survey and contractor bids included with sale. Fixer Upper with Architectural Plans on a quiet one way street just steps away from Springfield Ave This could be a Two Family with zoning variance or an expanded one family ; great Mother Daughter Style Survey Available. Seller Financing will be Considered
Steven Buch YALE KENT, LLC.
$350,000
Welcome to your future sanctuary! This impeccably cared-for 3-bedroom, 1-bath home combines modern comforts with timeless charm. Nestled in a peaceful, welcoming neighborhood, the open-concept interior showcases rich hardwood floors and sun-drenched spaces at every turn.Entertain effortlessly in the chef's kitchen, complete with gleaming stainless-steel appliances, generous counter space, and a
RHODA A MOSS-LATIMER KELLER WILLIAMS - NJ METRO GROUP
$299,000
GREAT ONE FAMILY IN QUIET AREA WITH LOW TAXES, GREAT FOR INVESTMENT OR OWNER OCCUPIED! HARDWOOD FLOORS & NEW SHEET ROCK WALLS ON THE 1ST FLOOR. NEW BOILER. STOP PAYING RENT. CENTRAL LOCATION AND CLOSE TO MAJOR HIGHWAYS.
Nelson Gonzalez UNITED REAL ESTATE
$309,900
Investor Alert! This 28-year-old single-family townhouse is a rare opportunity. It generates $18,720 in annual rental income and has had a reliable tenant in place since 2018. Offering 1,500 sq ft of living space, this home features 3 bedrooms, 1.5 bathrooms, a 1-car garage, and a private driveway. Enjoy the comfort of central air and heat, a spacious backyard, and low annual taxes of just
PATRICK FOX JR AMERICAN REALTY SERVICES GROUP
$315,000
We are selling this property, which was purchased by my other several years ago. While the home has not been updated in recent years, it offers a great amount of space and potential for customization to suit the new owner's preferences.
CHARLES T. FACCIPONTI JERSEY REALTY ASSOCIATES
$399,000
Elegant is the word to describe this home, completely renovated in 2022, in Upper Clinton Hill where revitalization is taking place. It features 3 bedrooms, a master bedroom with a state-of-the-art bathroom, a bonus room on the 3rd floor that can serve as a home office, a stunning common bathroom, stainless steel appliances, wood flooring throughout, and a full basement. The home also includes a
Ashanti Low Keller Williams Realty - NJ Metro Group
$384,999
Subject to 3rd party approval (short sale)
Charles Thompson THE THOMPSON REALTY GROUP
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $342,500 | Westcor Land Title | |
| Deed | $315,000 | Foundation Title | |
| Deed | $1,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $299,250 | Balloon |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2024 06/06/24 | Sold | $342,500 | -2.1% | -- |
| 04/15/2024 04/15/24 | Pending | -- | -- | -- |
| 03/05/2024 03/05/24 | For Sale | $350,000 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,156 | $145,000 | $26,300 | $118,700 |
| 2023 | $5,167 | $145,000 | $26,300 | $118,700 |
| 2022 | $5,167 | $145,000 | $26,300 | $118,700 |
| 2021 | $5,164 | $145,000 | $26,300 | $118,700 |
| 2020 | $5,260 | $145,000 | $26,300 | $118,700 |
| 2019 | $5,203 | $145,000 | $26,300 | $118,700 |
| 2018 | $5,105 | $145,000 | $26,300 | $118,700 |
| 2017 | $4,912 | $145,000 | $26,300 | $118,700 |
| 2016 | $4,738 | $145,000 | $26,300 | $118,700 |
| 2015 | $4,548 | $145,000 | $26,300 | $118,700 |
| 2014 | $4,246 | $145,000 | $26,300 | $118,700 |
Source: New Jersey MLS
MLS Number: 24006474
APN: 14-01780-0000-00020
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