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Cindy Huang

cindyhuangrealtor@gmail.com +1(201) 647-6663

$ 3,480,000

Est. payment | -/mo

9,120 SqFt

Save

$ 3,480,000

Est. payment | -/mo

Save

9,120 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,120 sqft

Price per Sqft $381

MLS Listing ID 4014809

Annual Tax Amount $9,307

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

A 5-YEAR TAX ABATEMENT. A unique and rare investment opportunity awaits in the vibrant North Newark area! This prime location sits directly across from the stunning Cathedral Basilica of the Sacred Heart and is just steps from Branch Brook Park. With a two-minute drive to Route 280 and easy access to Newark Penn Station, this property offers unbeatable convenience. We proudly present this exceptional newly rebuilt, gut-renovated building, featuring 14 modern one-bedroom apartments. Each unit is thoughtfully designed with Open-concept layouts, Stainless steel appliances, Washer & dryer hookups, Ceiling mini-split heating & cooling systems.The impressive scale of the building includes 9'6" ceiling heights on its three main floors and 8' doors throughout, enhancing the sense of space and luxury. With high market demand, this is a great opportunity to start rents at competitive rates and maximize returns.Don't miss out on this exceptional chance to secure a financially promising venture in a sought-after area!

Location

State NJ

County Essex

Zoning R-3

Rooms

Basement Finished, Storage, Walkout

Interior

Heating Electric

Cooling Ductless Split AC, See Remarks

Flooring Vinyl-Linoleum

Equipment Appliances, Refrigeration Unit, See Remarks, Smoke Detector, Sprinkler System

Heat Source Electric

Exterior

Exterior Feature Composition Siding

Utilities Available All Underground

Roof Type Rubberized

Building

Story 4

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by RE/MAX HERITAGE PROPERTIES

Nearby Locations

"My job is to protect your interests and guide you through every step of buying, selling, or investing in New Jersey real estate."

+1(201) 647-6663

cindyhuangrealtor@gmail.com

165 Passaic Ave, Suite 205, Fairfield, New Jersey 07004, USA

155 Clifton Ave Newark City, NJ 07104

Cindy Huang

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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155 Clifton Ave