Calling All Investors!!

Welcome to an exceptional investment opportunity in the heart of Newark, NJ! This recently renovated multifamily property located at 426-428 3rd Ave West offers a lucrative option for both investors and homeowners looking to generate rental income. Situated on a residential street, this property boasts modern amenities, ample parking and a charming backyard, making it an ideal choice for those seeking a profitable real estate venture. Enjoy the outdoors in the property's charming backyard, perfect for relaxing or entertaining during warmer months. The space offers a private retreat in the midst of the city, adding value and appeal to the property. Income Potential With a tremendous rent roll alrea dy in place, this property offers immediate income potentil for investors with a full finish basement and attic. Alternatively, buyers can choose to live in one unit and rent out the other, providing an opportunity to offset mortgage expenses and build equity. Don't Miss Out!

This meticulously maintained multifamily property offers a rare chance to invest in Newark's thriving real estate market. Whether you're an experienced investor or a first-time buyer looking to maximize your investment, 426-428 3rd Ave West presents a compelling opportunity. Schedule a showing today and discover the potential of this turnkey investment property! More Photo's to Come!!!

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on 426-428 3rd Ave
in Newark, NJ
Presented by Simone Jelks-bandison at
Coldwell Banker Realty - Livingston Office.


Property MLS #240010192 from HudsonCounty

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+ Bedrooms

Bedrooms: 8

+ Bathrooms

Total Bathrooms: 4 / 0
Full Bathrooms: 4
Full Bathrooms On Basement Level: 1
Full Bathrooms On Level 1: 1
Full Bathrooms On Level 2: 1
Full Bathrooms On Level 3: 1

+ Interior Features

Furnished Description: FIXTURES
Flooring: Floor 3 Bedrooms: 2, Floor 2 Bedrooms: 3, Floor 1 Bedrooms: 2

+ Heating and Cooling

Heating Features: A/C Window

+ Other Rooms

Living Room On Level 1: 1
Living Room On Level 2: 1
Living Room On Level 3: 1
Basement Description: Basement: Finished, Full
Living Room Description: 1

+ Kitchen and Dining

Dining Room On Level 1: 1
Dining Room On Level 2: 1
Dining Room On Level 3: 1
Kitchen Description: 1
Kitchen On Level 1: 1
Kitchen On Level 2: 1
Kitchen On Level 3: 1

+ Garage and Parking

Garage Spaces: 3
Garage Description: 3+ Cars, Garage, Detached

+ Other Property Info

Annual Tax Amount: 9364
Source Listing Status: Pending
County: Essex
Directions: N 9TH
Tax Year: 2023
Source Property Type: 2 Family
Exclusions: OWNERS PERSONAL PROPERTY
Area: Newark
Source Neighborhood: Newark
Source System Name: C2C
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Listed 2024-05-29
$649,500
HudsonCounty

+ Display Complete School Details

Franklin Elementary School is a public elementary school located approximately 1 miles away.
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Essex Regional School is a public elementary, middle and high school located approximately 0.3 miles away.
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St. Francis Xavier School is a private elementary and middle school located approximately 0.6 miles away.
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