113 N Munn Ave, Newark City, NJ 07106

$550,000
7
BD
4
BA

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List Price
$550,000
MLS#
4042164
Dom
1
Year Built
1905
Status
ACTIVE
County
Essex
City
Newark City
Bedrooms
7
Bathrooms
4
Baths Full
4
Acres
0.09

Property Description

Exceptional investment opportunity in the desirable Lower Vailsburg neighborhood of Newark, NJ. This newly renovated 2-unit multifamily offers 7 bedrooms and 4 bathrooms sitting on a generous 38x105 lot with 5 parking spaces, a rare find in this market. Both units are currently occupied and generating strong rental income making this a true turnkey addition to any investment portfolio. Perfect for the seasoned investor seeking immediate cash flow or an owner-occupant looking to offset their mortgage with rental income. Thoughtfully renovated throughout with modern finishes requiring minimal capital expenditure allowing you to collect from day one. Located minutes from Seton Hall University, Vailsburg Park, major highways, and NJ Transit for seamless access to NYC. Opportunities like this do not last. Schedule your showing today.

Additional Information

Taxes
$5,786
Cooling
2 Units, See Remarks
Exterior
Vinyl Siding
Heating
2 Units
Roof
Asphalt Shingle
Middle School
SPEEDWAY
High School
SCIENCE
Sewer
Public Available
Water
Public Water
Basement
Yes

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Calculator source: Real Geeks

Listing Courtesy Of RE/MAX PROFESSIONALS I, Contact: 973-450-4000

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