$ 450,000
337 South 19th Street Newark, NJ 07103
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Listed by Raeemah Redd • EXP Realty, LLC • (973) 441-6350
$ 450,000
Est. payment | /mo
8 Beds
3 Baths
$ 450,000
Est. payment | /mo
8 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24034545
Style 3 Family
Bedrooms 8
Full Baths 3
Annual Tax Amount $6,628
Property Description
Newark legal three-family, a spacious basement, and low taxes offers significant investment potential. First-floor unit includes an option to add an additional room facing the front of the home. The property, sold without parking Full renovation, depending on scope, allows for customization with an opportunity to add 2 bathrooms per unit and an additional one in the basement, creating a new-build construction appeal. Second-floor unit has the option to add 4 bedrooms, walk-in closet, or bathroom toward the front, maximizing the layout. Projected rental income ranges from $2,000 to $2,500 per unit. this property sits close to Rutgers and NJIT campuses, downtown Newark, and major transit routes, including links to NYC Garden State Parkway, US-22, and Newark Airport. This makes it an ideal cash-flow property for investors or an opportunity for homeowner
Location
State NJ
County Essex
Area Newark
Interior
Heating Gas, O/See Remk
Fireplaces Type None
Laundry None
Exterior
Exterior Feature Vinyl
Garage None
Utilities Available Sep Elec, Sep Gas, Sep Heat
Waterfront Description None
View None
Building
Lot Description Regular
Architectural Style Top/Btm
Others
Ownership Bank
Miscellaneous None
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