287 New York Ave, Newark City, NJ, 07105

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$985,000
13 Days On Site

287 New York Ave
Newark City, NJ 07105

For Sale|Multi Family|Active
10
Beds
5
Total Baths
5
Full Baths
1922
Built
Subdivision:
Ironbound
County:
Essex

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(973) 577-1299
287 New York Ave287 New York Ave287 New York Ave287 New York Ave
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GREAT INVESTMENT OPPORTUNITY! Welcome to this well-maintained, four-family, two-story property located in the highly desirable Ironbound section of Newark. Situated on an oversized 50' x 100' lot, this income-producing property is just steps from the Ironbound's renowned restaurants, shopping, entertainment, and public transportation. The building features four spacious apartments with two- and three-bedroom layouts, each with a modern kitchen, living room, dining area, full bath, and beautiful hardwood floors throughout. Additional highlights include a partially finished basement with a laundry area, separate utilities, a brick-front exterior with aluminum siding, and two detached garages in the rear, providing valuable storage. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage with rental income, this versatile property offers exceptional value in one of Newark's most vibrant and sought-after neighborhoods.Don't miss this rare opportunity to own a well-maintained, income-producing property in the heart of the Ironbound!

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Listing Snapshot
Price 
$985,000
Days On Site 
13 Days
Bedrooms 
10
Inside Area (SqFt) 
N/A
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1922
MLS® Number 
4041869
Status 
Active
Property Tax 
$15,068
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
Detached
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Style 
2-Two Story
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
Residential
Interior Features
Appliances 
Gas Water Heater
Basement 
Unfinished
Flooring 
CarpetTile
Heating 
BaseboardNatural Gas
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Exterior Features
Construction Details 
Aluminum SidingBrick
Lot Features 
Level
Listing courtesy of WEICHERT REALTORS - HOME CITY

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Neighborhood & Commute
Source: Walkscore
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