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171 Sylvan Ave

Newark City, NJ 07104
  • $550,000
  • STATUS: Active Under Contract
  • ON SITE: 51 Days
  • MLS #: 3858753
Under Contract
UPDATED: 23 min ago
$550,000
  • 5
    BEDS
  • 0.04
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1918
County:
Area:

School Ratings & Info

Description

Welcome to this remarkable two-family residence located by the Newark/Belleville border, offering a perfect blend of comfort, convenience, and potential. Whether you're seeking an inviting multi-generational living space or a lucrative investment opportunity, this three-unit property has it all.Features and Highlights:Each unit boasts a thoughtfully designed living room, promoting relaxation and quality time with loved ones.The eat-in kitchens in every unit offer a convenient and practical setup for preparing and enjoying meals.Unit 1 & 2 include two spacious bedrooms each, while Unit 3 features a generous bedroom, ensuring privacy and comfort for all occupants.Natural light floods each unit, creating an inviting and cheerful atmosphere.Ideal for multi-generational living.Excellent investment potential, whether you're looking for a rental income stream or a future resale opportunity.Convenient location in Newark, providing easy access to local amenities, schools, parks, and public transportation.Invest in Your Future:This tri-family home presents a unique chance to embrace the advantages of multi-unit living or to capitalize on the thriving Newark real estate market. Don't miss out on this exceptional opportunity. Schedule a showing today and imagine the possibilities that await in this versatile and welcoming property.

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gold Standard Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Gold Standard Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-30T15:46:23.003.
www.goldstandardrealty.com/homes/142265331
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171 Sylvan Ave Newark City, NJ 07104

  • Price: $550,000
  • Status: Active Under Contract
  • On Site: 51 Days
  • Updated: 23 min ago
  • MLS #: 3858753
5
Beds
3
Baths
0
½ Baths
0.04
Acres
1918
Built
County:
Essex
Area:
Newark City
Property Description
Welcome to this remarkable two-family residence located by the Newark/Belleville border, offering a perfect blend of comfort, convenience, and potential. Whether you're seeking an inviting multi-generational living space or a lucrative investment opportunity, this three-unit property has it all.Features and Highlights:Each unit boasts a thoughtfully designed living room, promoting relaxation and quality time with loved ones.The eat-in kitchens in every unit offer a convenient and practical setup for preparing and enjoying meals.Unit 1 & 2 include two spacious bedrooms each, while Unit 3 features a generous bedroom, ensuring privacy and comfort for all occupants.Natural light floods each unit, creating an inviting and cheerful atmosphere.Ideal for multi-generational living.Excellent investment potential, whether you're looking for a rental income stream or a future resale opportunity.Convenient location in Newark, providing easy access to local amenities, schools, parks, and public transportation.Invest in Your Future:This tri-family home presents a unique chance to embrace the advantages of multi-unit living or to capitalize on the thriving Newark real estate market. Don't miss out on this exceptional opportunity. Schedule a showing today and imagine the possibilities that await in this versatile and welcoming property.
Exterior Features

Approximate Lot Size 25X65 Exterior Description Aluminum Siding Number Of Parking Spaces 1 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling See Remarks Heating Radiators - Steam Interior Features Tile FloorsVinyl-Linoleum Floors Total Number Of Rooms 11 Unit1 Appliances Equipment Range/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 9999 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Range/Oven - GasRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 9999 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 3 Unit3 Sq Ft 9999

Property Features

Assessment Total 158700 Building Assessment 138300 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 9999 Land Assessment 20400 Net Operating Income 9999 Sewer Public Sewer Tax Amount 5929 Tax Rate Amount 3.736 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 9999 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1425 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit2 Rent 1400 Unit2 Security Deposit 9999 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit3 Rent 950 Unit3 Security Deposit 9999 Utilities All Underground Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 347-470-6144.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gold Standard Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Gold Standard Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-30T15:46:23.003.
 
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