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$ 649,500
Est. payment /mo
New
455 4Th Ave Newark City, NJ 07107
8 Beds
2.5 Baths
2,178 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4056521
Style 2-Two Story
Bedrooms 8
Full Baths 2
Half Baths 1
Year Built 1916
Annual Tax Amount $5,374
Tax Year 2025
Lot Size 2,178 Sqft
Property 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!
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating See Remarks
Cooling See Remarks
Heat Source See Remarks
Exterior
Exterior Feature See Remarks
Utilities Available See Remarks
Roof Type See Remarks
Garage No
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by COLDWELL BANKER REALTY