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Lynn Fitzgerald

lynn@lynnfitzgerald.com +1(732) 983-1018

$475,000

Est. payment - /mo

2 Beds

2 Baths

2,940 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,940 sqft

Price per Sqft $161

MLS Listing ID 4036447

Style Duplex-Side by Side, Fixer Upper

Bedrooms 2

Full Baths 2

Year Built 1941

Annual Tax Amount $4,486

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

Exceptional Investment Opportunity in Newark! Calling all investors, contractors, developers, and savvy owner-occupants looking to capitalize on one of Newark's growing neighborhoods. This side-by-side duplex offers two spacious units, each featuring 2 bedrooms, a comfortable living room, large eat-in kitchen, and a versatile bonus room that can be used as a dining room, den, home office, playroom, or additional living space?the choice is yours. Adding even more value is a detached 4-car garage, offering excellent potential for storage, workshop space, contractor use, hobbyists, or additional rental income opportunities. The property features newer gas furnaces and hot water heaters, providing a solid foundation for future improvements. With great bones and tremendous upside potential, this is an ideal opportunity for those looking to renovate, build equity, or expand their investment portfolio. Conveniently located near parks, schools, shopping, public transportation, Newark Liberty International Airport, and major highways. Situated approximately 2 miles from the exciting new Lionsgate Newark Studios development, a transformative project expected to bring jobs, investment, and continued growth to the area. Buyer is responsible for all inspections, certifications, municipal requirements, Certificate of Occupancy, and any and ALL repairs required to close.

Location

State NJ

County Essex

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural, See Remarks

Cooling None

Heat Source Gas-Natural, See Remarks

Exterior

Exterior Feature Vinyl Siding, Wood

Parking Features Detached Garage

Garage Spaces 4.0

Utilities Available Electric, Gas In Street, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style Duplex-Side by Side, Fixer Upper

Others

Senior Community No

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Listed by REAL

Nearby School & Business

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Lynn Fitzgerald

+1(732) 983-1018

Team Lead | Realtor® | License ID: 0123770

Team Lead | Realtor® License ID: 0123770

72 Hanford St Newark City, NJ 07114

Lynn Fitzgerald

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information