314 Smith St, Newark City, NJ 07106

List Price
$510,000
Status
ACTIVE UNDER CONTRACT
MLS#
4040406
Bedrooms
7
Bathrooms
5
Full Baths
3
Half Baths
2
Lot Size (Acres)
0.07
Year Built
1927

Property Description

Exceptional investment opportunity in Newark! This property offers strong income-producing potential with separate utilities, making it an ideal addition to any investment portfolio or a great owner-occupied opportunity. The spacious units feature generous room sizes, abundant natural light, and functional layouts designed for comfortable living. Finished basement with full bathroom and kitchenette. This home is situated on a quiet residential street, the property is conveniently located near major highways, public transportation, shopping, schools, parks, providing easy access for commuters and tenants alike. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this property presents outstanding long-term value in one of Newark's continually growing neighborhoods. Don't miss this excellent opportunity to own a cash-flowing asset with tremendous upside potential. HIGHEST AND BEST OFFERS ARE DUE BY MONDAY, JULY 20, 2026 BY 1PM.

Additional Information

Area
Newark City
Utilities
Natural Gas Available
Taxes
$7,798
Basement
Finished
Cooling
See Remarks
Roof
Asphalt
Show Address
Yes

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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