Newark, NJ 07107,426-428 3RD AVE
See all 32 photos
Newark, NJ 07107,426-428 3RD AVE
Newark, NJ 07107,426-428 3RD AVE
Newark, NJ 07107,426-428 3RD AVE
Newark, NJ 07107,426-428 3RD AVE

$775,000

Est. payment /mo

$649,500

19.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

426-428 3RD AVE Newark, NJ 07107

8 Beds

4 Baths

SOLD DATE : 10/29/2024

Key Details

Sold Price $775,000

Property Type Multi-Family

Sub Type 2 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240010192

Sold Date 10/29/24

Style Other-See Remarks

Bedrooms 8

Full Baths 4

HOA Fees $2/mo

Annual Tax Amount $9,364

Tax Year 2023

Property Sub-Type 2 Family

Property Description

Calling All Investors!! Welcome to an exceptional investment opportunity in the heart of Newark, NJ! This recently renovated multifamily property located at 426-428 3rd Ave West offers a lucrative option for both investors and homeowners looking to generate rental income. Situated on a residential street, this property boasts modern amenities, ample parking, and a charming backyard, making it an ideal choice for those seeking a profitable real estate venture. Enjoy the outdoors in the property's charming backyard, perfect for relaxing or entertaining during warmer months. The space offers a private retreat in the midst of the city, adding value and appeal to the property. Income Potential With a great rent roll already in place, this property offers immediate income potential for investors with a full finish basement and attic. Alternatively, buyers can choose to live in one unit and rent out the other, providing an opportunity to offset mortgage expenses and build equity. Don't Miss Out! This meticulously maintained multifamily property offers a rare chance to invest in Newark's thriving real estate market. Whether you're an experienced investor or a first-time buyer looking to maximize your investment, 426-428 3rd Ave West presents a compelling opportunity. Schedule a showing today and discover the potential of this turnkey investment property! More Photo's to Come!!!

Location

State NJ

County Essex

Area Newark

Rooms

Basement Finished, Full

Interior

Heating A/C Window

Cooling A/C Window

Exterior

Exterior Feature Other-See Remarks

Parking Features 3+ Cars, Garage, Detached

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by COLDWELL BANKER RESIDENTIAL BROKERAGE
Bought with LIFESTYLE INTERNATIONAL REALTY LLC
agent

Tom Crooks

Broker Associate | License ID: 1754871

+1(646) 983-4776

GET MORE INFORMATION

Name
Phone*
Message