Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    4

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.11

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Fourplex

Price

  • Sales Price

    $990,000

  • Tax Amount

    15100.0

  • Sq. Footage

    39, 996

  • Price/SqFt

    $24

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

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Location

County

Essex

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4 Family Renovated Vacant corner Lot in exceptional location next to Monctclair Child development Day Care and 2 Blocks away from Main st. MASSIVE PARKING LOT can fit up to 8 Trucks, Perfect for an investor or living in one unit and renting out the rest! New Electric and Plumbing. Projected income of minimum $9,100/month. Unit one has 2 bedrooms, LR, eat in kitchen and Full Bath with basement for laundry and storage. Unit 2 has 3 bedrooms, LR, Eat in kitchen and Full Bath. Units 3 & 4 have one bedroom, LR/Kitchen/dining area and one full Bath with access to the second basement for laundry and storage with the potential of creating another living space which has its own Entrance/Exit. Separate Utilities. Gas hot water heaters, Forced Hot air Brand New HVAC with potential to add central A/C if desired. Multiple renters asking to rent a unit everyday! Put in your offer before this opportunity goes! Potential rents: Unit 1: $2,200, unit 2: $2,400, Units 3&4: $1,850. Private parking: 5-6 spots cars: $150/month, trucks/vans: $250/month.

257 New St

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This 4-family property, is perfect for investors or savvy buyers looking to live in one unit while generating rental income from the others. With strong rental potential, on-site dedicated parking and a prime location, this property is a smart addition to any portfolio.
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