$449,000
PENDING

Estimated payment $2,740/month

Total Views 689
5 Beds
2 Baths
1,570 Sq Ft
$286 Price per Sq Ft

Highlights

  • Cooling Available
  • Hot Water Heating System
  • 5-minute walk to Bloomfield Avenue

About This Home

Investment Opportunity Knocks! Prime Two-Family Investment Opportunity in North Newark! Nestled in the highly sought-after North Newark neighborhood, this income-generating two-family home is a fantastic addition to any investor's portfolio.First-floor unit: 2 bedrooms, 1 full bathSecond-floor unit: 3 bedrooms, 1 full bathEnjoy strong rental income potential with low property taxes, maximizing your return on investment. Conveniently located near NJ Transit train and bus lines, ensuring easy commuter access. Whether you're expanding your real estate portfolio or looking for an owner-occupant investment, this property offers consistent cash flow and long-term value.Don't miss out on this high-demand rental property! Schedule your private showing today.

Last Listed By

John Natale

Real Broker, LLC License #0790719 Listed on: 03/20/2025

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,282

Year Built

  • 1902

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 100

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,570 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer
  • Assessor Parcel Number 14-01969-0000-00049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,282

Year Built

1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None
  • Year Built (Public Record): 1902

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.06
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Hot Water2: Yes

Lot Info

  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 14-01969-0000-00049
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4282.0
  • Tax Other Annual Assessment Amount: 112600.0

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $4,198 $112,600 $27,500 $85,100
2022 $4,207 $112,600 $27,500 $85,100
2021 $4,204 $112,600 $27,500 $85,100
2020 $4,279 $112,600 $27,500 $85,100
2019 $4,235 $112,600 $27,500 $85,100
2018 $4,158 $112,600 $27,500 $85,100
2017 $4,009 $112,600 $27,500 $85,100
2016 $3,873 $112,600 $27,500 $85,100
2015 $3,726 $112,600 $27,500 $85,100
2014 $3,492 $112,600 $27,500 $85,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $449,000 -- $286 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $170,000 --
Deed $145,000 --
Deed $70,777 --
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 New Conventional
Closed $25,512 Construction
Closed $185,000 Adjustable Rate Mortgage/ARM
Closed $167,373 FHA
Previous Owner $109,000 No Value Available
Previous Owner $119,000 FHA
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22507515

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 14-01969-0000-00049