Welcome to this spacious 3-family home located in a rapidly developing area of Newark an excellent opportunity for anyone who is looking for a multi-family building.The property features a full, finished basement which was renovated in 2019, where the seller added two bedrooms and a full bathroom, offering valuable additional living space and flexibility. The building is currently tenant-occupied with two tenants, while the third-floor unit is vacant. The entire building is expected to be delivered vacant by mid March; providing a rare opportunity to customize, renovate, or reposition the property to maximize value. The property also offers off-street garage and driveway parking. Sold as-is, this home offers strong upside potential for buyers looking to add their own touch and renovations. With generous room sizes and a versatile layout, the property presents endless possibilities in a neighborhood that continues to grow and attract attention.
163 Brookdale Ave, Newark City NJ 07106-1908
Property City
Newark City
Property Price
$615,000
Bedrooms
10
Year Built
1950
Tax Annual Amount
$8686
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.08
MLS Status
Active
MLS #
4009219
Yearly Tax Rate
3.803
Year Built (*numeric)
1950
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
5
Basement (*text)
Yes
Cooling (*text)
3 Units, Wall A/C Unit(s)
GarageSpaces
2
Heating
3 Units, Radiators - Steam
Lot Size Dimensions
35.8X100
Data import from
GSMLS