NJ > Newark > Fabyan Place
Newark, NJ 07112,115 Fabyan PL
Newark, NJ 07112,115 Fabyan PL
Newark, NJ 07112,115 Fabyan PL
Newark, NJ 07112,115 Fabyan PL
Newark, NJ 07112,115 Fabyan PL
Newark, NJ 07112,115 Fabyan PL
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Joseph Matassa

Joseph Matassa

+1(732) 802-7100
$ 750,000
Est. payment | /mo

3,398 SqFt

Save
$ 750,000
Est. payment | /mo
Save

3,398 SqFt

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

Central Jersey MLS (CJMLS)
Listed by ALIGN RIGHT REALTY HOMEKEYS
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Joseph Matassa

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+1(732) 802-7100

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115 Fabyan PL