New Listing
Description
Great Investment Opportunity in Newark! Welcome to this well-positioned two-family property at 455 4th Ave W, Newark, offering an excellent opportunity for an owner-occupant or investor looking to build equity and generate rental income. The property features two separate units, with one currently occupied and the second unit vacant, providing the perfect setup for an owner occupant to live in one unit while collecting rental income from the other.The property offers a great opportunity to add value with some TLC and personal touches, making it ideal for buyers looking to customize the space and maximize its potential. With its two-family layout, separate living spaces, and income-producing potential, this property offers both flexibility and long-term investment appeal.Located in Newark, the property is conveniently situated near shopping, dining, schools, parks, public transportation, major highways, and commuter routes. Newark's proximity to New York City and its extensive transportation network make it an attractive location for residents and investors alike.Whether you're looking to owner-occupy and offset your mortgage with rental income or add another property to your portfolio, this two-family home presents an exciting opportunity to invest in a desirable Northern New Jersey market. Bring your vision and unlock the potential this property has to offer!
Details
| MLS # | 4056521 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1916 |
| Days On Site | 3 |
| Listing Provided By | COLDWELL BANKER REALTY | MAIKOL PUEBLA |
Features
| Bath(s) | 2 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 5374 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07107 |
| Area | Essex |
| Listing VS Median (in 07107) | |
Price: $649,500 low | high Med: $2,950 On site: 3 low | high Med: 110 | |
Market Activity 07107
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Learn More About This Property
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07107 |
| Area | Essex |
| Listing VS Median (in 07107) | |
Price: $649,500 low | high Med: $2,950 On site: 3 low | high Med: 110 | |
