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162 South 11th Street
NewarkNJ 07107

$595,000
New Listing For Sale
Tools
Brochure
Size
10
Bedrooms
4
Full Baths
Financial
$595,000
Change Currency
$6,564
Annual taxes
Listing Details
Multi Family
Property type
13076062
Web Id
24030423
MLS ID
1
Days Posted

Description

162 South 11th Street,

Newark, NJ 07107

Discover unparalleled potential with this exceptional multifamily property situated in the vibrant heart of Newark. This legally approved two-family home, with a lucrative bonus unit, offers a remarkable investment opportunity with strong rental income prospects of over $60,000 annually. Property Highlights: Brand new roof with 10yr warranty Versatile Layout: This property features three well-appointed units:Unit 1: Spacious 4-bedroom, 1-bathroom Unit 2: Generous 4-bedroom, 2-bathroom Unit 3: Nice 2-bedroom, 1-bathroomPrime Location: Conveniently located near public transportation and a laundry facility, ensuring high demand from tenants and ease of living. Strong Income Potential: With its ideal configuration and strategic location, this property is poised to deliver impressive returns. Whether you're an experienced investor or new to the real estate market, this property offers a fantastic opportunity to secure a high-yield asset in a dynamic and growing area. Great Opportunity

This is an Active listing.

Broker Office Phone Number: 845-639-0300

Copyright © 2024New Jersey MLS Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Price History

datepricevariancetype
9/20/2024$595,000-Listed
Listing By: Keller Williams Hudson Valley Realty via Data Source: New Jersey MLS Inc. 
listing agent: Taylor J. Toney


Located at 162 South 11th Street, Newark, New Jersey 07107, this Multi Family is for Sale with a price of $595,000 USD. The property includes 10 bedrooms, has 4 full baths. See all Homes for Sale in Newark.
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