426 3rd Avenue West
426 3rd Avenue West
$649,500
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4
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Description
Calling All Investors! Welcome to an exceptional investment opportunity in the heart of Newark, NJ! This recently renovated multifamily property located at 426-428 3rd Ave West offers a lucrative option for both investors and homeowners looking to generate rental income. Situated on a residential street, this property boasts modern amenities, ample parking, and a charming backyard, making it an ideal choice for those seeking a profitable real estate venture. Enjoy the outdoors in the property's charming...Calling All Investors! Welcome to an exceptional investment opportunity in the heart of Newark, NJ! This recently renovated multifamily property located at 426-428 3rd Ave West offers a lucrative option for both investors and homeowners looking to generate rental income. Situated on a residential street, this property boasts modern amenities, ample parking, and a charming backyard, making it an ideal choice for those seeking a profitable real estate venture. Enjoy the outdoors in the property's charming backyard, perfect for relaxing or entertaining during warmer months. The space offers a private retreat in the midst of the city, adding value and appeal to the property. Income Potential With a great rent roll already in place, this property offers immediate income potential for investors with a full finish basement and attic. Alternatively, buyers can choose to live in one unit and rent out the other, providing an opportunity to offset mortgage expenses and build equity. Don't Miss Out! This meticulously maintained multifamily property offers a rare chance to invest in Newark's thriving real estate market. Whether you're an experienced investor or a first-time buyer looking to maximize your investment, 426-428 3rd Ave West presents a compelling opportunity. Schedule a showing today and discover the potential of this turnkey investment property! More Photo's to Come!
- Listed by SIMONE JELKS-BANDISON • COLDWELL BANKER REALTY
- Listed by MARIA MCEWEN • COLDWELL BANKER REALTY
Property Details for 426 3rd Avenue West
Directions
Park to N 9th to 3rd Ave West/ West Market-Roseville Ave to 3rd Ave West
Days On Market19
Location
LISTING UPDATED: 06/13/2024 03:02 PM
Property Details for 426 3rd Avenue West
Status | Active |
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MLS # | 3903854 |
Days on Market | 23 |
Taxes | $9,364 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3-Three Story |
Year Built | 1926 |
Lot Size | 0.09 AC / 3,920 SF |
County | Essex County |
Location
Building Information for 426 3rd Avenue West
Stories-Residences2Year Built1926Building Size-Lot Size0.09 AC / 3,920 SF
Payment Calculator
$4,325 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 426 3rd Avenue West
Property History for 426 3rd Avenue West
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 426 3rd Avenue West
This home is within The Newark Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Salome Urena Elementary School PublicPK to 6 | ||
Dr. William H. Horton Elementary School PublicK to 8 | ||
Barringer High School Public9 to 12 | ||
First Avenue Elementary School PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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