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2-Two Story

287 New York Ave

Newark City, NJ 07105

MLS#: 4041869

$985,000

Status: Active
Listing number: 4041869
Listing provided by: WEICHERT REALTORS - HOME CITY
Listing agent phone: None
Last update: 9 days ago
On site: 14 days ago
Browse Properties
Ironbound - Residential Income

Property

Beds

10

Full Baths

5

1/2 Baths

None

Year Built

1922

Sq.Footage

N/A

GREAT INVESTMENT OPPORTUNITY! Welcome to this well-maintained, four-family, two-story property located in the highly desirable Ironbound section of Newark. Situated on an oversized 50' x 100' lot, this income-producing property is just steps from the Ironbound's renowned restaurants, shopping, entertainment, and public transportation. The building features four spacious apartments with two- and three-bedroom layouts, each with a modern kitchen, living room, dining area, full bath, and beautiful hardwood floors throughout. Additional highlights include a partially finished basement with a laundry area, separate utilities, a brick-front exterior with aluminum siding, and two detached garages in the rear, providing valuable storage. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this versatile property offers exceptional value in one of Newark's most vibrant and sought-after neighborhoods.Don't miss this rare opportunity to own a well-maintained, income-producing property in the heart of the Ironbound!

Features & Amenities

Interior

  • Total Bedrooms

    10

  • Bathrooms

    5

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Baseboard, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Aluminum Siding, Brick

  • Parking

    Detached

  • Pool

    No

Area & Lot

  • Lot Features

    Level

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    2-Two Story

Price

  • Sales Price

    $985,000

  • Tax Amount

    $15,068

  • Zoning

    Residential

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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Essex

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Listing Courtesy of None , WEICHERT REALTORS - HOME CITY

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GREAT INVESTMENT OPPORTUNITY! Welcome to this well-maintained, four-family, two-story property located in the highly desirable Ironbound section of Newark. Situated on an oversized 50' x 100' lot, this income-producing property is just steps from the Ironbound's renowned restaurants, shopping, entertainment, and public transportation. The building features four spacious apartments with two- and three-bedroom layouts, each with a modern kitchen, living room, dining area, full bath, and beautiful hardwood floors throughout. Additional highlights include a partially finished basement with a laundry area, separate utilities, a brick-front exterior with aluminum siding, and two detached garages in the rear, providing valuable storage. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this versatile property offers exceptional value in one of Newark's most vibrant and sought-after neighborhoods.Don't miss this rare opportunity to own a well-maintained, income-producing property in the heart of the Ironbound!

287 New York Ave

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