$1,200,000
$1,100,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
27-29 Main ST Newark, NJ 07105
5,000 Sqft Lot
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2409623R
Sold Date 05/15/24
Originating Board CJMLS API
Year Built 1941
Annual Tax Amount $12,699
Tax Year 2022
Lot Size 5,000 Sqft
Acres 0.1148
Lot Dimensions 100.00 x 50.00
Property Description
Rare Gem in Ironbound, Newark NJ: Two Buildings, One Extraordinary Opportunity! Step into a realm of unparalleled investment potential in the coveted Ironbound section of Newark, NJ. This is an avenue to owning not one, but two remarkable buildings on a single lot. Imagine owning a triplex with three units, each featuring 2 bedrooms and 1 bath. But it doesn't end there. The ground-level unit opens up to a fully finished basement, complete with an additional kitchen, bedroom, and full bath, setting the stage for lucrative rental possibilities. Adjacent to the triplex is a modern masterpiece: a single-family home crafted with precision just a decade ago. More... Revel in the luxury of two oversized bedrooms, boasting custom closets with built-in shelving, and two full baths designed for indulgence and relaxation. Parking headaches? Not here. With ample space in the rear and two detached garages, your tenants will thank you for the convenience. This property isn't just an investment; it's a lifestyle upgrade waiting to happen. In a neighborhood known for its charm and vibrancy, opportunities like these are rare. Don't let this one slip through your fingers. Book your tour today and seize the chance to make this unparalleled property yours.
Location
State NJ
County Essex
Rooms
Basement Full, Slab, Utility Room
Interior
Interior Features Unit 1(2 Bedrooms, Kitchen, Living Room, 2+ Baths), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(2 Bedrooms, Kitchen, 1 Bath, Living Room)
Heating Baseboard, Forced Air
Cooling A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit)
Appliance Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Range/Oven, Washer), Unit 3(Range/Oven), Unit 4(Dryer, Range/Oven, Washer)
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Asphalt,Flat
Parking Type Garage, Detached, 4(+)Car Parking
Building
Lot Description See Remarks
Story 3
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1402046000000016
Ownership Fee Simple
Energy Description Natural Gas
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