314 Smith St, Newark City, NJ 07106

$510,000
7
BD
3.2
BA

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List Price
$510,000
MLS#
4040406
Dom
7
Year Built
1927
Status
ACTIVE
County
Essex
City
Newark City
Bedrooms
7
Bathrooms
3.2
Baths Full
3
Baths Half
2
Acres
0.07

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

Taxes
$7,798
Cooling
See Remarks
Exterior
Composition Shingle, Vinyl Siding
Garage Spaces
2
Garage Description
Detached Garage
Heating
2 Units, See Remarks
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Garage Description
Detached Garage

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Listing Courtesy Of RE/MAX SELECT, Contact: 908-233-9292

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