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.
Real Broker, LLCLicense #0790719Listed on: 03/20/2025
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:
Collateral Analytics
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Average Value
Not Available
List Price
Sold Price
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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 AssessmentTax 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.
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