Residential Income in Newark City

$850,000

125 Park Ave, 07104, Newark City

Residential Income for sale in Newark City, 125 Park Ave, 07104

125 Park Ave, 07104, Newark City

$850,000

9Bed
4Bath
Type: Residential Income

Description

Welcome to 125 Park Ave, a fully gut renovated three-family home in Newark offering modern finishes throughout and strong income potential for an investor or owner-occupant. Each of the three units features 3 bedrooms with all-new plumbing, electric, kitchens, and bathrooms, along with distinct living, dining, and kitchen areas designed for everyday comfort, and large windows bring in natural light across every unit. The property also includes a full, finished basement with its own full bathroom and a dedicated laundry area, adding valuable extra space and flexibility, while outside, a paved patio offers residents a private spot to unwind. Steps from Branch Brook Park and the NJ Light Rail, 125 Park Ave combines a renovated, move-in ready home with a location built for convenience, making it a strong opportunity for an investor seeking three rent-ready units, or a buyer who wants to live in one unit while the other two help cover the mortgage.

Agent Information

Location

125 Park Ave, 07104, Newark City

Data

Object TypeResidential Income
Purchase Price$850,000
Living Space0 m²
Plot Size242.81 m²
Bathrooms4
Construction Year1907
ConditionNot specified
Rooms13

Energy Information

Heating TypeHeat Source: Gas-Natural, Heating Type: 1 Unit, Forced Hot Air
Primary Energy SourceN/A
Construction Year1907
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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