BEDS6
BATHS5 full
MLS#4026076
STATUS
PROPERTY TYPEResidential - Single Family
Property Description
Spacious and income-producing two-family home located in Newark's desirable Fairmount neighborhood, offering an excellent opportunity for both owner-occupants and investors - ideal for buyers looking to offset their mortgage with rental income. This well-maintained property features two oversized units with a total of 6 bedrooms and 5 full bathrooms, plus a fully finished basement providing additional flexible living space. The first unit offers 3 bedrooms and 3 full bathrooms, including a finished lower level with bonus rooms and a separate entrance. The second unit features an expansive 3-bedroom, 2-bath layout with a finished attic, providing additional usable space. Additional highlights include hardwood, vinyl, and tile flooring throughout, laundry area and ample storage spaces, private balcony space, and separate utilities. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this versatile multi-family property offers space, functionality, and long-term value in a prime Newark location. Eligible buyers may qualify for down payment and closing cost assistance programs, enhancing overall affordability.
Property Features
Property Type: Residential - Single Family
Basement: Finished, Full
Basement: Yes
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: Baseboard - Hotwater
Home Style: Multi Floor Unit
Lot Size: 0.06 Acres
Roof Type: Asphalt Shingle
Taxes: $5,686
Year Built: 1897
Feature Descriptions
Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator
Days on Site: 1
Driveway: On-Street Parking
Exterior: Vinyl Siding
Lot Dimensions: 0.06 acre(s)
Sewer: Public Sewer
Utilities: Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: COMPASS NEW JERSEY LLC
Agency Contact: 347-292-8750
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 2,110.03 per month $1,446.62 Principal & Interest $473.83 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
58 11th Ave | MLS# 4026076
This single family home located at 58 11th Ave, Newark, NJ 07107 is currently listed for sale with an asking price of $650,000. This property was built in 1897 and has 6 bedrooms and 5 full baths. Search Newark real estate on www.realtymark.net today.