BEDS4
BATHS2 full 1 partial
MLS#4042354
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNorth Ward
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Walkout
Cooling: 2 Units, Central Air
Fuel Type: Gas-Natural
Garage: 1
Heating: 2 Units, Forced Hot Air
Lot Size: 0.03 Acres
Roof Type: Asphalt Shingle
Taxes: $12,416
Amenities
Carbon Monoxide Detector
See Remarks
Smoke Detector
Tile Floors
Wood Floors
Feature Descriptions
Days on Site: 5
Exterior: Brick, Vinyl Siding
Lot Dimensions: 0.03 acre(s)
Parking Notes: Built-In Garage, Garage Door Opener, Garage Parkin
Sewer: Public Sewer, See Remarks
Utilities: Electric, Gas-Natural
Water: Public Water
Local Schools
High School: TECHNOLOGY
Middle School: L M MARIN
Elementary School: L M MARIN
Listed By / Shown By
Listed By
Agency Name: IDENTITY PROPERTIES
Agency Contact: 908-333-2922
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,922.34 per month $1,668.95 Principal & Interest $1,034.67 Property Tax $218.72 Homeowner's InsuranceChange Payment Information
118 Oraton St | MLS# 4042354
This multi-family property located at 118 Oraton St, Newark, NJ 07104 is currently listed for sale with an asking price of $749,900. Search Newark real estate on www.realtymark.net today.