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101 Highland Ave

Newark City, NJ 07104
  • $655,000
  • STATUS: Active
  • ON SITE: 150 Days
  • MLS #: 3912451
$655,000
  • 7
    BEDS
  • 0.06
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

Welcome to your dream investment opportunity in the heart of Newark, NJ! This beautifully renovated two-family home boasts modern amenities, ample living space, and a prime location. Whether you're an investor looking for a lucrative rental property or a homeowner seeking additional rental income, this property is perfect for you.**Key Features:****First Unit:**- 2spacious bedrooms- 2 full bathrooms- Open-concept living and dining area- Modern kitchen with stainless steel appliances and granite countertops- Hardwood floors throughout- Access to a finished basement, perfect for additional living space or storage**Second Unit:**- 4 generously sized bedrooms- 3 full bathrooms- Bright and airy living room- Updated kitchen with high-end finishes- Hardwood floors throughout- Access to a finished attic, ideal for a home office, playroom, or extra bedroomBasement ? 1 bedroom ? 1 full bath ? Spacious basement ? Kitchenette ? Basement has seperate entrance for tenant access

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Garden State MLS logo © 2024 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 Team Gio | RE/MAX Central. 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 Team Gio | RE/MAX Central 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 2024-12-07T23:46:51.977.
www.movetonewjersey.com/homes/152463570
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101 Highland Ave Newark City, NJ 07104

  • Price: $655,000
  • Status: Active
  • On Site: 150 Days
  • MLS #: 3912451
7
Beds
6
Baths
0
½ Baths
0.06
Acres
County:
Essex
Area:
Newark City
Property Description
Welcome to your dream investment opportunity in the heart of Newark, NJ! This beautifully renovated two-family home boasts modern amenities, ample living space, and a prime location. Whether you're an investor looking for a lucrative rental property or a homeowner seeking additional rental income, this property is perfect for you.**Key Features:****First Unit:**- 2spacious bedrooms- 2 full bathrooms- Open-concept living and dining area- Modern kitchen with stainless steel appliances and granite countertops- Hardwood floors throughout- Access to a finished basement, perfect for additional living space or storage**Second Unit:**- 4 generously sized bedrooms- 3 full bathrooms- Bright and airy living room- Updated kitchen with high-end finishes- Hardwood floors throughout- Access to a finished attic, ideal for a home office, playroom, or extra bedroomBasement ? 1 bedroom ? 1 full bath ? Spacious basement ? Kitchenette ? Basement has seperate entrance for tenant access
Exterior Features

Approximate Lot Size 24X100 Exterior Description Aluminum SidingSee Remarks Exterior Features See Remarks Number Of Parking Spaces 0 Parking Driveway Description On-Street ParkingSee Remarks Roof Description Asphalt ShingleSee Remarks

Interior Features

Basement Yes Basement Description Finished Cooling See Remarks Heating See Remarks Interior Features See Remarks Total Number Of Rooms 15 Unit1 Appliances Equipment CookGasMicrowavRgOvGasRefrigSeeRem Unit1 Baths 2.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsLiving/Dining RoomMaster BedroomSee Remarks Unit1 Rooms 6 Unit1 Security Deposit 2000 Unit1 Sq Ft 1000 Unit2 Appliances Equipment Microwave OvenRange/Oven - GasRefrigeratorSee Remarks Unit2 Baths 2.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description See Remarks Unit2 Rooms 9 Unit2 Sq Ft 1500

Property Features

Assessment Total 233800 Building Assessment 212800 Easement No Fha Age Restricted No Fuel Type See Remarks Gross Operating Income 60000 Land Assessment 21000 Net Operating Income 52000 Sewer See Remarks Tax Amount 8716 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 2000 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 3000 Unit2 Security Deposit 3000 Utilities See Remarks Water See Remarks

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Cornerstone Realty Associates: 973-856-6900.


Garden State MLS logo © 2024 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 Team Gio | RE/MAX Central. 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 Team Gio | RE/MAX Central 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 2024-12-07T23:46:51.977.
 
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Team Gio | RE/MAX Central
520 Rt 9 North
Manalapan NJ, 08527