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Listed by Mathew Meisels New and Modern Group
$ 748,900
Est. payment | /mo
7 Beds
5 Baths
$ 748,900
Est. payment | /mo
7 Beds
5 Baths
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26023769
Style 2 Family
Bedrooms 7
Full Baths 5
Property Sub-Type 2 Family
Property Description
Welcome to this beautifully maintained two-family home offering the perfect opportunity to live in one unit while generating immediate rental income from the other. The vacant owner's duplex has just been beautifully renovated and spans the first floor and finished basement, featuring an open-concept layout, gleaming hardwood floors, a designer kitchen with quartz countertops, shaker cabinetry, stainless steel appliances, a dedicated laundry room, and flexible bonus living space. The spacious primary suite includes a walk-in closet and a private ensuite bathroom. The second unit is currently occupied and generates $2,671 per month in rental income. It also features its own spacious primary suite with a walk-in closet and private ensuite bathroom, a rare feature in a two-family home. Additional highlights include central air, a built-in garage, driveway parking, and a private fenced backyard. Ideally located in Newark's sought-after University Heights neighborhood, just minutes from Downtown Newark, Rutgers University–Newark, NJIT, University Hospital, Newark Penn Station, major highways, shopping, restaurants, and Newark Liberty International Airport, this turnkey property offers an easy commute to New York City while delivering the space, style, and income potential today's buyers are looking for.
Location
State NJ
County Essex
Interior
Laundry See Remarks
Exterior
Garage Spaces 1.0
Jamie Kline
Real Estate Broker/Owner | License ID: 1647030
+1(732) 337-6992 | jamie@prolegacyrealty.com