115 Fabyan PL new Save Request In-Person Tour Request Virtual Tour
Newark,NJ 07112
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,398 sqft
Price per Sqft $220
Subdivision Fabyan Place
MLS Listing ID 2506339R
Originating Board CJMLS API
Year Built 2002
Annual Tax Amount $10,547
Tax Year 2023
Lot Size 3,998 Sqft
Acres 0.0918
Lot Dimensions 100.00 x 33.98
Property Description
For first-time buyers, this multi-family property offers an excellent opportunity to build equity and generate rental income, which can help offset mortgage costs. With six bedrooms and four bathrooms across 3,398 square feet, this home provides flexibility for both living and renting. The additional rental units could cover a significant portion of the mortgage, making it financially appealing to buyers looking to ease their homeownership expenses. Located near major transportation, parks, Newark Airport, and with easy access to New York City, this property would also be ideal for those seeking a home with convenient commuting options and a strong rental market. Highlighting these benefitssuch as rental income potential, investment growth, and location advantagescould make it very attractive to first-time buyers looking to maximize their financial security.
Location
State NJ
County Essex
Rooms
Basement Finished,Recreation Room
Interior
Interior Features Unit 1(3 Bedrooms,2+ Baths),Unit 2(3 Bedrooms,2+ Baths)
Heating Central
Cooling A/C Central - All
Appliance Water Heater(Gas),Water Heater
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Utilities Available Underground Utilities,Electricity Connected,Natural Gas Connected
Handicap Access Unit 1 Accessibility Features,Unit 2 Accessibility Features
Parking Type Garage,Built-In Garage,1-2 Car Parking
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 140309000000000202
Ownership Fee Simple
Energy Description Natural Gas