118 Oraton St, Newark City NJ 07104-4108

$700,000
Active
Newark City
Bedrooms
4

About this home

Exceptional new construction 2-family home built in 2022, ideally located in Newark's desirable North Ward, just off Broadway between Chester and Delavan Avenues near Belleville. An outstanding opportunity for both owner-occupants and investors, the 2nd-floor apartment is vacant and ready for occupancy, while the 1st-floor apartment is occupied by a quality tenant, providing immediate rental income to offset your mortgage.The vacant 2nd-floor apartment features a bright open-concept living and dining area, a beautifully appointed kitchen with stainless steel appliances, 2 spacious bedrooms, a full bath, ample closet space, and convenient pull-down attic storage.The 1st-floor apartment offers a similar open-concept layout with stainless steel appliances, 2 generously sized bedrooms, and a full bath. This apartment also enjoys exclusive access to the finished lower level, complete with a laundry area, 1/2 bath, direct exterior access, and an exceptionally finished built-in garage featuring attractive vinyl flooring, finished walls, and abundant lighting. This versatile space provides endless possibilities for storage, a workshop, home gym, hobby area, or additional rec space.Built with modern systems, contemporary finishes, and separate utilities, this low-maintenance property offers lasting value and exceptional versatility. Conveniently located near Branch Brook Park, shopping, restaurants, major highways, and public transportation with easy access to New York City.

Taxes & fees

Annual property tax
$12,416
Tax year
2025
Tax rate
3.999

Property details

Year Built
2022
Roof (*text)
Asphalt Shingle
Lot Size Area
0.03
MLS #
4042354

Features & amenities

Year Built (*numeric)
2022
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
59
Basement (*text)
Yes
Cooling (*text)
2 Units, Central Air
Garage spaces
1
Heating
2 Units, Forced Hot Air
Lot dimensions
24.6X50
Property Location

40.76957, -74.16141

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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