118 Oraton St, Newark City, NJ 07104

$749,900
4
BD
2.1
BA

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List Price
$749,900
Days on Market
6
Status
ACTIVE
MLS#
4042354
Bedrooms
4
Bathrooms
2.1
Full Baths
2
Half Baths
1
Lot Size (Acres)
0.03
Year Built
2022

Property Description

Exceptional new construction 2-family home built in 2022, ideally located in Newark's desirable North Ward, just off Broadway between Chester and Delavan Avenues near Belleville. An outstanding opportunity for both owner-occupants and investors, the 2nd-floor apartment is vacant and ready for occupancy, while the 1st-floor apartment is occupied by a quality tenant, providing immediate rental income to offset your mortgage.The vacant 2nd-floor apartment features a bright open-concept living and dining area, a beautifully appointed kitchen with stainless steel appliances, 2 spacious bedrooms, a full bath, ample closet space, and convenient pull-down attic storage.The 1st-floor apartment offers a similar open-concept layout with stainless steel appliances, 2 generously sized bedrooms, and a full bath. This apartment also enjoys exclusive access to the finished lower level, complete with a laundry area, 1/2 bath, direct exterior access, and an exceptionally finished built-in garage featuring attractive vinyl flooring, finished walls, and abundant lighting. This versatile space provides endless possibilities for storage, a workshop, home gym, hobby area, or additional rec space.Built with modern systems, contemporary finishes, and separate utilities, this low-maintenance property offers lasting value and exceptional versatility. Conveniently located near Branch Brook Park, shopping, restaurants, major highways, and public transportation with easy access to New York City.

Additional Information

Area
Newark City
Subdivision
North Ward
Basement Desc
Finished, Walkout
Utilities
Electric, Gas-Natural
Taxes
$12,416
Subdivision
North Ward
Exterior
Brick, Vinyl Siding
Water
Public Water
Basement
Yes
Cooling
2 Units, Central Air
Interior
Carbon Monoxide Detector, See Remarks, Smoke Detector, Tile Floors, Wood Floors
Roof
Asphalt Shingle
Show Address
Yes

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Listing Courtesy Of IDENTITY PROPERTIES, Contact: 908-333-2922

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