Close to Newark EWR Airport, this unique property offers a rare opportunity for investors and savvy buyers. Situated on a generous lot, the home features development potential explore the possibility of building an additional structure or expanding for multi-use purposes (subject to zoning approval).The existing home includes a functional office space on the first floor, ideal for a home business or remote work setup. A walk-out basement leads to an expansive backyard, perfect for entertaining, gardening, or future construction. While the property does need some TLC, it's a solid investment with incredible upside. Whether you're looking to renovate, or build, this is your chance to own in one of one Newark's prime areas. Property is currently tenant-occupied with tenants on a month-to-month lease paying $2,000 per month. Ideal for buyers looking to generate immediate rental income.
Close to Newark EWR Airport, this unique property offers a rare opportunity for investors and savvy buyers. Situated on a generous lot, the home features development potential explore the possibility of building an additional structure or expanding for multi-use purposes (subject to zoning approval).The existing home includes a functional office space on the first floor, ideal for a home business or remote work setup. A walk-out basement leads to an expansive backyard, perfect for entertaining, gardening, or future construction. While the property does need some TLC, it's a solid investment with incredible upside. Whether you're looking to renovate, or build, this is your chance to own in one of one Newark's prime areas. Property is currently tenant-occupied with tenants on a month-to-month lease paying $2,000 per month. Ideal for buyers looking to generate immediate rental income.
Neighborhood
Type
Total Baths
County
Essex
Tax Amount
$5,206
Status
Active
Listing #
3963540
Built
1892
Lot Size
0.10
Listed on site
22 days