This is your opportunity to own a multifamily property with exceptional income potential. Meticulously maintained over the years, this home offers a vacant first floor unit and basement space for immediate opportunity, while the second floor provides stable rental income with a reliable tenant in place. The first floor unit features two bedrooms plus an additional den, a living room, dining room, kitchen, and hardwood floors throughout. The second floor unit mirrors the layout and showcases a brand new kitchen installed in December. The basement offers outstanding potential with a full bathroom, side entrance, and two extra rooms. Additional highlights include a shared driveway with 2"3 rear parking spaces. Centrally located near Branch Brook Park and Clara Maass Medical Center, this property is ideal for strong rental demand, with convenient access to major highways and public transportation.
71 Newark Ave, Belleville Twp. NJ 07109-1135
Property City
Belleville Twp.
Property Price
$738,000
Bedrooms
4
Year Built
1922
Tax Annual Amount
$11706
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.08
MLS Status
Active
MLS #
4016857
Yearly Tax Rate
4.157
Year Built (*numeric)
1922
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Wall A/C Unit(s), Window A/C(s)
GarageSpaces
0
Heating
2 Units, Radiators - Hot Water
Lot Size Dimensions
29X114.03
Data import from
GSMLS