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Listed by Augusto Verissimo Weichert Home City Realty
$ 985,000
Est. payment /mo
New
287-289 New York AVE Newark, NJ 07105
9 Beds
5 Baths
UPDATED:
Key Details
Property Type Other Types
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26027241
Style 4 Family
Bedrooms 9
Full Baths 5
Property Sub-Type 4 Family
Property Description
GREAT INVESTMENT OPPORTUNITY! Welcome to this well-maintained, four-family, two-story property located in the highly desirable Ironbound section of Newark. Situated on an oversized 50' x 100' lot, this income-producing property is just steps from the Ironbound's renowned restaurants, shopping, entertainment, and public transportation. The building features four spacious apartments with two- and three-bedroom layouts, each with a modern kitchen, living room, dining area, full bath, and beautiful hardwood floors throughout. Additional highlights include a partially finished basement with a laundry area, separate utilities, a brick-front exterior with aluminum siding, and two detached garages in the rear, providing valuable storage. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this versatile property offers exceptional value in one of Newark's most vibrant and sought-after neighborhoods. Don't miss this rare opportunity to own a well-maintained, income-producing property in the heart of the Ironbound!
Location
State NJ
County Essex
Interior
Laundry None
Exterior
Garage Spaces 2.0
