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$399,999
Est. payment /mo
4 Beds
1.5 Baths
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4019080
Style Colonial
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1897
Annual Tax Amount $6,522
Tax Year 2025
Lot Size 3,920 Sqft
Property Sub-Type Single Family
Property Description
Opportunities like this rarely hit the market in the prestigious Forest Hill, Newark section of Newark, New Jersey. Introducing this SPACIOUS 4BR / 1.5BA single-family home! A RARE opportunity to own in one of Newark's most desirable neighborhoods at a discount, with clear upside for investors or savvy buyers looking to add value. The home is in good overall condition but ready for cosmetic updates, making it an ideal candidate for a value-add renovation strategy. Whether you're planning to modernize and hold, or renovate and reposition the property, the opportunity to build equity through improvements is clear. The property offers off-street parking which is absolute GOLD in this part of Newark, adding significant everyday convenience and long-term resale appeal. With continued demand for housing in Newark and limited inventory in Forest Hill, Newark, this property presents a rare chance to secure a foothold in a historic neighborhood while creating immediate value through renovation. Smart investors know the strategy: Buy right. Renovate smart. Refinance into equity. The real here question is, who's going to recognize the potential first? This property will be sold AS-IS. P
Location
State NJ
County Essex
Rooms
Basement Bilco-Style Door, Unfinished
Kitchen Eat-In Kitchen
Interior
Heating Gas-Natural
Cooling None
Fireplaces Number 1
Fireplaces Type Living Room
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features Detached Garage
Garage Spaces 1.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style Colonial
Others
Senior Community No
Ownership Fee Simple
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Listed by COOPER MCKELVEY REAL ESTATE CO.
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