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$ 679,000
Est. payment | /mo
7 Beds
4 Baths
4,356 Sqft Lot
$ 679,000
Est. payment | /mo
7 Beds
4 Baths
4,356 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3953028
Style 3-Three Story, See Remarks
Bedrooms 7
Full Baths 4
Year Built 1895
Annual Tax Amount $14,633
Tax Year 2024
Lot Size 4,356 Sqft
Property Description
Welcome to this well-maintained two-family home in Forest Hill the highly sought-after North Newark neighborhood. Perfect for both investors and homeowners, this property offers incredible versatility, substantial income potential, and a prime location just blocks from Belleville Park. This spacious home features. Unit 1: 3 bedrooms, 1 bathroom, a living room, and an eat-in kitchen. The finished basement, with its own private entrance, adds 3 additional bedrooms, a kitchenette, and a full bathroom. Unit 2: 2 bedrooms, 1 full bathroom, a bonus room, a living room, and an eat-in kitchen. The attic, accessible through a separate entrance, provides additional living space with 2 bedrooms, 1 full bathroom, a kitchenette, and a living room. One hot water heater was replaced a year ago, and all three furnaces were updated within the last five years. Step outside to a nice size backyard, perfect for cookouts and gatherings. Situated on an oversized lot, this property offers ample space and additional income opportunities, including the potential to convert the laundry room into a coin-operated facility and rent out two parking spaces for an additional $200. With a potential rental income of over $8,300. Don't miss this amazing opportunity!
Location
State NJ
County Essex
Rooms
Basement Finished, Walkout
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features See Remarks
Utilities Available Electric, Gas-Natural, See Remarks
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story, See Remarks
Others
Senior Community No

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Listed by EXP REALTY, LLC
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Mindy Skelly
Licensed Real Estate Broker