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290 Walnut St

Newark City, NJ 07105
  • $630,000
  • STATUS: Active Under Contract
  • ON SITE: 144 Days
  • MLS #: 3919799
Under Contract
UPDATED: 23 min ago
$630,000
  • 6
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Discover this fantastic investment opportunity in Newark! This well-maintained multifamily property offers two spacious units, each featuring 3 bedrooms and 1 bathroom, perfect for accommodating tenants or owner-occupants. The property boasts a finished basement, providing additional living or storage space. As a bonus, there's a separate studio at the back of the house, ideal for extra rental income or a private workspace. Conveniently located near transportation, schools, and shopping, this property is a rare find. Don't miss out on this versatile and income-generating gem!Come make this house your home before someone else does!

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sue Adler Team - Keller Williams. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Sue Adler Team - Keller Williams are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-12T15:46:25.55.
www.latestnjlistings.com/homes/153862900
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290 Walnut St Newark City, NJ 07105

  • Price: $630,000
  • Status: Active Under Contract
  • On Site: 144 Days
  • Updated: 23 min ago
  • MLS #: 3919799
6
Beds
3
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Ironbound
County:
Essex
Area:
Newark City
Property Description
Discover this fantastic investment opportunity in Newark! This well-maintained multifamily property offers two spacious units, each featuring 3 bedrooms and 1 bathroom, perfect for accommodating tenants or owner-occupants. The property boasts a finished basement, providing additional living or storage space. As a bonus, there's a separate studio at the back of the house, ideal for extra rental income or a private workspace. Conveniently located near transportation, schools, and shopping, this property is a rare find. Don't miss out on this versatile and income-generating gem!Come make this house your home before someone else does!
Exterior Features

Approximate Lot Size 2KX100 Exterior Description Vinyl Siding Garage Description Attached Garage Number Of Parking Spaces 2 Parking Driveway Description See Remarks Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished Cooling Central Air Heating Baseboard - Hotwater Total Number Of Rooms 10 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment See Remarks Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsDining RoomKitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 0

Property Features

Assessment Total 203500 Building Assessment 128500 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 75000 Net Operating Income 0 Sewer Public Sewer Tax Amount 7586 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 2000 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1720 Unit2 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams - Nj Metro Group: 862-213-0008.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sue Adler Team - Keller Williams. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Sue Adler Team - Keller Williams are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-12T15:46:25.55.
 
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The Sue Adler Team - Keller Williams
518 Millburn Avenue, 2nd Floor
Short Hills NJ, 07078