455 4Th Ave, Newark City, NJ 07107

$649,500
8
BD
2.1
BA

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List Price
$649,500
Days on Market
2
Status
ACTIVE
MLS#
4056521
Bedrooms
8
Bathrooms
2.1
Full Baths
2
Half Baths
1
Lot Size (Acres)
0.05
Year Built
1916

Property Description

Great Investment Opportunity in Newark! Welcome to this well-positioned two-family property at 455 4th Ave W, Newark, offering an excellent opportunity for an owner-occupant or investor looking to build equity and generate rental income. The property features two separate units, with one currently occupied and the second unit vacant, providing the perfect setup for an owner occupant to live in one unit while collecting rental income from the other.The property offers a great opportunity to add value with some TLC and personal touches, making it ideal for buyers looking to customize the space and maximize its potential. With its two-family layout, separate living spaces, and income-producing potential, this property offers both flexibility and long-term investment appeal.Located in Newark, the property is conveniently situated near shopping, dining, schools, parks, public transportation, major highways, and commuter routes. Newark's proximity to New York City and its extensive transportation network make it an attractive location for residents and investors alike.Whether you're looking to owner-occupy and offset your mortgage with rental income or add another property to your portfolio, this two-family home presents an exciting opportunity to invest in a desirable Northern New Jersey market. Bring your vision and unlock the potential this property has to offer!

Additional Information

Area
Newark City
Basement Desc
Unfinished
Utilities
See Remarks
Taxes
$5,374
Exterior
See Remarks
Water
Public Water
Basement
Yes
Cooling
See Remarks
Roof
See Remarks
Show Address
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 201-710-0598

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