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Laura Pallay

laura@thepallayteam.com +1(908) 310-0613

$ 549,900

Est. payment | -/mo

6 Beds

3 Baths

2,218 SqFt

Save

$ 549,900

Est. payment | -/mo

Save

6 Beds

3 Baths

2,218 SqFt

Open House

Sat Oct 24, 1:00pm - 3:00pm

Sun Oct 25, 1:00pm - 3:00pm

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,218 sqft

Price per Sqft $247

Subdivision Weequahic

MLS Listing ID 4060529

Style 1-One Story, 2-Two Story

Bedrooms 6

Full Baths 3

Year Built 1850

Annual Tax Amount $11,017

Tax Year 2025

Lot Size 3,920 Sqft

Property Description

Discover the possibilities, Located in Newark's Weequahic neighborhood, this spacious two-family property offers an excellent opportunity for savvy investors or owner-occupants looking to begin their real estate investment journey while enjoying the benefits of homeownership.The first-floor unit features two bedrooms, one full bathroom, a comfortable living room, and an eat-in kitchen. The expansive second unit offers four bedrooms, two full bathrooms, including a primary bedroom with a private bath, a spacious kitchen, a living room, and an additional family room, providing plenty of room to spread out. Additional highlights include a full unfinished basement with laundry hookups, separate utilities, front and rear entrances, and convenient interior stairway access. Parking is a standout feature, with a detached two-car garage and a driveway accommodating 4 or more vehicles. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this property offers flexibility and long-term potential. Conveniently situated near shopping, transportation, and major highways. Don't miss the opportunity to make this versatile two-family property your next investment or home! Qualified buyers may also be eligible for homebuyer assistance programs, subject to lender and program approval. Some photos have been virtually staged for illustrative purposes only. Furniture and décor shown are not included in the sale.

Location

State NJ

County Essex

Rooms

Basement French Drain, Full, Unfinished

Interior

Interior Features High Ceilings, Security System, Smoke Detector

Heating Gas-Natural, See Remarks

Cooling 2 Units, Wall A/C Unit(s)

Heat Source Gas-Natural, See Remarks

Exterior

Exterior Feature Brick, See Remarks, Vinyl Siding

Parking Features Detached Garage

Garage Spaces 2.0

Utilities Available All Underground

Roof Type See Remarks

Garage Yes

Building

Sewer Public Available

Water Public Water

Architectural Style 1-One Story, 2-Two Story

Others

Senior Community No

Listed by LIFESTYLE INTERNATIONAL REALTY

NEARBY SCHOOL & BUSINESS

+1(908) 310-0613

laura@thepallayteam.com

21 Belle Mead Griggstown Road Suite 107, Belle Mead, NJ 08502, USA

71-73 Schley St Newark City, NJ 07112