130 Milford Ave, Newark City, NJ 07108
- $750,000
- 9
- BD
- 3
- BA
- List Price
- $750,000
- MLS#
- 4052057
- Year Built
- 1902
- Status
- ACTIVE
- County
- Essex
- City
- Newark City
- Bedrooms
- 9
- Bathrooms
- 3
- Baths Full
- 3
- Acres
- 0.05
Property Description
This legal 3-family home offers the kind of flexibility that appeals to both owner-occupants and investors looking for strong long-term potential in Newark. Each unit features 3 spacious bedrooms and 1 full bathroom, with every floor offering its own unique layout and feel. The 1st and 3rd floor units have been updated, while the 2nd floor was renovated approximately one year ago. The 1st and 2nd floor units also feature brand-new, beautifully updated bathrooms, adding fresh, modern finishes to two of the three apartments. Inside, the layouts feel practical and comfortable, with enough space for dining tables that actually get used, larger bedroom setups, and the kind of natural light that makes the mornings feel a little easier before heading out for the day. The top-floor unit has a long-term tenant already in place, offering added stability and immediate rental income. Conveniently located near major roadways, public transportation, parks, shopping, and local restaurants, this property offers the flexibility to occupy one unit while generating rental income from the others or add a solid multi-family asset to your investment portfolio. An unfinished basement provides additional storage and future possibilities to fit your needs.
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Additional Information
- Taxes
- $11,173
- Cooling
- None, WindowAC
- Exterior
- Vinyl Siding
- Garage Description
- None
- Heating
- 3 Units, Radiant - Hot Water
- Interior
- Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, Tile Floors, Wood Floors
- Roof
- Asphalt Shingle
- Sewer
- Public Sewer
- Water
- Public Water
- Basement
- Yes
- Exterior Features
- Curbs, Partially Fenced
- Garage Description
- None
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Listing Courtesy Of EXP REALTY, LLC, Contact: 973-544-8655
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