Skip To Content

53 Monticello Ave

Newark City, NJ 07106
  • $630,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 3939269
$630,000
  • 6
    BEDS
  • 0.09
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,050
    SQFT
  • $207
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1932
County:
Area:

School Ratings & Info

Description

Start the new year in a new house! This spacious 3 family home is an amazing opportunity for someone looking to stay in one unit while earning rental income from the other units or for an investor looking for a lucrative opportunity in a thriving community! This home features 2 bedroom on the 1st unit along with a bonus room, living room, dining room and eat in kitchen. The 2nd floor unit features 3 bedrooms, living room, dining room and eat in kitchen. The 3rd floor unit features one bedroom, living room and eat in kitchen. In addition, this home also has a finished basement with full bathroom and 3 bonus rooms. This home is located in a sought after quiet neighborhood in Newark, NJ just a few blocks from South Orange and Seton Hall University. It is also down the street from public transportation that goes directly to Newark Penn Station, shops and much more. This home qualifies for different grant programs and low interest rate programs as well! 2nd floor unit shall be delivered vacant and 1st and 3rd floor units are on a month to month lease. Tenants pay for their own utilities.

Monthly Payment Calculator



Garden State MLS logo © 2025 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 2025-01-16T23:46:00.777.
www.movetonewjersey.com/homes/159079339
Print Image

53 Monticello Ave Newark City, NJ 07106

  • Price: $630,000
  • Status: Active
  • On Site: 17 Days
  • MLS #: 3939269
6
Beds
4
Baths
0
½ Baths
0.09
Acres
3,050
SQFT
$207
$/SQFT
1932
Built
Neighborhood:
Upper Vailsburg
County:
Essex
Area:
Newark City
Property Description
Start the new year in a new house! This spacious 3 family home is an amazing opportunity for someone looking to stay in one unit while earning rental income from the other units or for an investor looking for a lucrative opportunity in a thriving community! This home features 2 bedroom on the 1st unit along with a bonus room, living room, dining room and eat in kitchen. The 2nd floor unit features 3 bedrooms, living room, dining room and eat in kitchen. The 3rd floor unit features one bedroom, living room and eat in kitchen. In addition, this home also has a finished basement with full bathroom and 3 bonus rooms. This home is located in a sought after quiet neighborhood in Newark, NJ just a few blocks from South Orange and Seton Hall University. It is also down the street from public transportation that goes directly to Newark Penn Station, shops and much more. This home qualifies for different grant programs and low interest rate programs as well! 2nd floor unit shall be delivered vacant and 1st and 3rd floor units are on a month to month lease. Tenants pay for their own utilities.
Exterior Features

Approximate Lot Size 40X100 Exterior Description Vinyl Siding Garage Description Detached Garage Number Of Parking Spaces 6 Parking Driveway Description Blacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished Cooling None Heating Baseboard - HotwaterRadiators - Hot Water Total Number Of Rooms 18 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 1 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenLiving RoomPantry Unit1 Rooms 6 Unit1 Security Deposit 9999 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 1 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomEat-In KitchenLiving RoomPantry Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 3 Unit3 Sq Ft 0

Property Features

Assessment Total 204100 Building Assessment 179700 Building Number 53 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 24400 Net Operating Income 0 Sewer Public Sewer Tax Amount 7762 Tax Rate Amount 3.728 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 9999 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 9999 Unit2 Security Deposit 9999 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 9999 Unit3 Security Deposit 9999 Utilities Gas-Natural Water Public Water Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of WEICHERT REALTORS: 973-380-3704.


Garden State MLS logo © 2025 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 2025-01-16T23:46:00.777.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3939269-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3939269-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3939269-2.jpg
Logo
Team Gio | RE/MAX Central
520 Rt 9 North
Manalapan NJ, 08527