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$ 799,000
Est. payment /mo
Price Dropped by $50K
179 Thomas St Newark City, NJ 07114
12 Beds
4.5 Baths
4,760 SqFt
OPEN HOUSE
Sun May 25, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,760 sqft
Price per Sqft $167
MLS Listing ID 3963843
Style Fourplex
Bedrooms 12
Full Baths 4
Half Baths 1
Year Built 1890
Annual Tax Amount $8,305
Tax Year 2024
Property Description
Discover an exceptional investment opportunity a 3-unit property with a legal basement unit generating an impressive $6,700 in monthly rental income currently as owner occupied. Perfect for savvy buyers seeking passive income, or house hack! This property includes a double lot next door for parking for 10+ cars, a rare find in Newark! Conveniently located just 2 blocks from Route 21, a 6-minute drive to Newark Liberty International Airport, and 6 minutes to Newark Penn Station, this property offers an easy commute to NYC. Recently updated with new mechanicals such as water heaters and a new french drain! A well maintained property with plenty of potential upside or add value! Whether you're expanding your portfolio or searching for a multi-family home to occupy, this property is the one! Don't miss out schedule your viewing today!
Location
State NJ
County Essex
Rooms
Basement Finished, Full
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Sewer Public Sewer
Water Public Water
Architectural Style Fourplex
Schools
Elementary Schools S St
Others
Senior Community No
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Listed by REAL