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$ 889,000
Est. payment | /mo
8 Beds
6 Baths
3,920 Sqft Lot
$ 889,000
Est. payment | /mo
8 Beds
6 Baths
3,920 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4043424
Style 2-Two Story
Bedrooms 8
Full Baths 6
Year Built 2018
Annual Tax Amount $15,112
Tax Year 2025
Lot Size 3,920 Sqft
Property Description
Exceptional investment opportunity! Built in 2017, this newer construction 3-family offers approximately 4,500 sq. ft. of modern living space in excellent condition. Features spacious layouts, oversized kitchens, all appliances included, quality finishes, a 2-3 car driveway plus a 2-car garage. One unit is vacant, providing immediate owner-occupancy or lease-up potential. The remaining units generate strong rental income, with the 3rd floor renting for $2,900/month and the 2nd floor for $2,200/month. Conveniently located near major highways, public transportation, Newark Penn Station, Newark Liberty International Airport, shopping, restaurants, and downtown Newark. Perfect for investors seeking immediate cash flow or owner-occupants looking to offset their mortgage. Don't miss this turnkey income-producing property!
Location
State NJ
County Essex
Interior
Heating Gas-Natural
Cooling 3 Units, Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Brick, Vinyl Siding
Parking Features Attached Garage
Garage Spaces 2.0
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by EXP REALTY, LLC
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