74 Chambers St Unit 4, Newark City, NJ 07105

$1,249,000
14
BD
7
BA
4,414
SqFt
List Price
$1,249,000
Status
ACTIVE
MLS#
4048106
Bedrooms
14
Bathrooms
7
Full Baths
7
Living Area
4,414
Lot Size (Acres)
0.06
Year Built
1880

Property Description

EXCEPTIONAL OFFICIAL FOUR-FAMILY INVESTMENT OPPORTUNITY IN THE IRON BOUND SECTION OF NEWARK! Welcome to 74 Chamber Street, a unique and spacious four-family property offering an outstanding opportunity for investors or owner-occupants seeking versatility and income potential. The property features two separate structures a three-unit front building and a beautifully renovated single-family rear house offering a total of 14 bedrooms and 7 bathrooms. The first-floor unit in the front building has been recently renovated and is currently vacant, featuring 3 bedrooms and 1 bathroom. The second and third-floor units each offer 4 bedrooms and 1 bathroom and it is well maintained. The 4th and ALL separate rear house has also been recently renovated and features 3 bedrooms, 3 bathrooms, laundry, and a full finished basement. Both buildings offer finished basement space, adding valuable flexibility and functionality. With its substantial bedroom and bathroom count, two separate structures, and desirable Newark location, this property presents an excellent opportunity for an investor looking to expand a portfolio or an owner-occupant looking for significant income potential. A rare opportunity to acquire a large, versatile four-family property with multiple renovated spaces and tremendous potential. DON'T MISS THE CHANCE TO MAKE 74 CHAMBERS STREET YOUR NEXT INVESTMENT PROPERTY!

Additional Information

Area
Newark City
Subdivision
Iron Bound
Utilities
Natural Gas Available
Taxes
$13,128
Subdivision
Iron Bound
Basement
Finished
Cooling
Multi Units, Central Air
Roof
Asphalt
Unit
4
Show Address
Yes

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