Residential Income in Newark

$499,000

72 1/2 Summer, 07104, Newark, NJ

Residential Income for sale in Newark, 72 1/2 Summer, 07104

72 1/2 Summer, 07104, Newark, NJ

$499,000

4Bed
3Bath
Type: Residential Income

Description

Explore the possibilities with this two-unit property in Newark, NJ! Featuring two residential units, this property offers flexibility for a variety of ownership and investment opportunities. Interior updates include an updated kitchen, a renovated bathroom, and a new boiler. The property also offers backyard space for outdoor enjoyment. Conveniently located within walking distance of NJ Transit, the property provides access to transportation options serving New York City, with travel to Manhattan taking approximately 30 minutes, depending on route and schedule. The surrounding area features a variety of local amenities, shopping, dining, and ongoing commercial development, including businesses such as Chick-fil-A and Whole Foods in the broader area. With two separate residential units, the property offers potential for rental income, subject to applicable zoning, occupancy, and rental requirements. Investors may also explore future rental opportunities based on market conditions and permitted rents. Convenient access to public transportation, major roadways, and nearby amenities adds to the property's appeal. Schedule a showing to explore the layout, updates, outdoor space, and possibilities this property has to offer. *Photos for the 2nd unit to follow*

Agent Information

Location

72 1/2 Summer, 07104, Newark, NJ

Data

Object TypeResidential Income
Purchase Price$499,000
Living Space0 m²
Plot SizeN/A
Bathrooms3
Construction YearN/A
ConditionNot specified
Rooms10

Energy Information

No energy information available

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