Description
121 Smith St,
#4,
Newark,
NJ
07106
Prime Investment Opportunity This income-producing fourplex is ready for immediate occupancy, ideal for the savvy investor and buyers looking to offset expenses with rental income. Located minutes from Seton Hall University, this property offers convenience and rental appeal. Each spacious unit features an oversized kitchen, 2 or 3 bedrooms, a dedicated dining area, and ample closets, ensuring comfort and functionality for tenants. The shared spaces are well-designed, with a private fenced backyard that includes a generous deck perfect for outdoor gatherings. Additionally, a private driveway offering ample off-street parking for tenants and visitors. Separate utilities in the partially finished basement, accessible through a private above-ground entrance, opens possibilities for additional creative uses. The basement adds valuable square footage and functionality to the property without compromising tenant privacy. This fourplex is ideally situated close to South Orange's charming downtown area, known for its array of dining, shopping, and entertainment options. Public transportation is easily accessible, with bus lines and the South Orange Train Station nearby, offering convenient commutes to New York City and other neighboring towns. Quick access to major highways adds to the appeal, attracting tenants who value both suburban charm and urban accessibility. Don't miss out on this outstanding investment opportunity with strong income potential in a sought-after location
This is an Active listing.
Broker Office Phone Number: 973-736-1600
Copyright © 2024Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Deck
- Radiator
- Steam Heat
- Asphalt Shingle Roof
Listing By: BHHS JORDAN BARIS REALTY via Data Source: Garden State MLS, LLC
Multi Family
Property type
Vailsburg
Schools
Vailsburg
Elementary
Science
Middle
Science
High
Price History
date | price | variance | type |
---|
11/1/2024 | $799,000 | 5.27 % | increased |
9/16/2024 | $759,000 | - | Listed |
listing agent: BLOSSOM VERNON