Turnkey, vacant 3-family investment opportunity in excellent condition! Delivered completely VACANT, this well-maintained property offers immediate flexibility for owner-occupants, investors, and multigenerational living. Property Features include 2-car garage and 2-car driveway, a new roof, New HVAC systems, as well as spacious and functional layouts throughout. Live in one unit while the other two help offset your mortgage, or maximize cash flow by leasing all three units at market rents. Strong rental income potential with projected market rents of approximately $8,000"$9,000+ per month (subject to market conditions and tenant profile). Conveniently located just minutes from the Ironbound, Downtown Newark, Newark Penn Station, Newark Liberty International Airport, major highways, shopping, dining, and public transportation. A rare opportunity combining vacant delivery, modern updates, excellent income potential, and long-term investment value.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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