113 N Munn Ave,Newark City, NJ 07106
Newark City, NJ 07106
Description
Exceptional investment opportunity in the desirable Lower Vailsburg neighborhood of Newark, NJ. This newly renovated 2-unit multifamily offers 7 bedrooms and 4 bathrooms sitting on a generous 38x105 lot with 5 parking spaces, a rare find in this market. Both units are currently occupied and generating strong rental income making this a true turnkey addition to any investment portfolio. Perfect for the seasoned investor seeking immediate cash flow or an owner-occupant looking to offset their mortgage with rental income. Thoughtfully renovated throughout with modern finishes requiring minimal capital expenditure allowing you to collect from day one. Located minutes from Seton Hall University, Vailsburg Park, major highways, and NJ Transit for seamless access to NYC. Opportunities like this do not last. Schedule your showing today.
Details
| MLS # | 4042164 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 1905 |
| Days On Site | 78 |
| Listing Provided By | RE/MAX PROFESSIONALS I | ALAIN BEADE |
Features
| Bath(s) | 4 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 5786 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07106 |
| Area | Essex |
| School District | SCIENCE |
| High School | SCIENCE |
| Listing VS Median (in 07106) | |
Price: $550,000 low | high Med: $415,000 On site: 78 low | high Med: 16 | |
Market Activity 07106
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Learn More About This Property
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07106 |
| Area | Essex |
| School District | SCIENCE |
| High School | SCIENCE |
| Listing VS Median (in 07106) | |
Price: $550,000 low | high Med: $415,000 On site: 78 low | high Med: 16 | |
