Homes for sale - 54-56 Cedar Ave, Newark City, NJ 07106

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Lauren Molinaro

lauren@laurenmolinarogroup.com +1(860) 874-1074

$ 615,000

Est. payment | -/mo

5 Beds

3 Baths

19,998 SqFt

Save

$ 615,000

Est. payment | -/mo

Save

5 Beds

3 Baths

19,998 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 19,998 sqft

Price per Sqft $30

Subdivision Lower Vailsburg

MLS Listing ID 3949523

Style 2-Two Story

Bedrooms 5

Full Baths 3

Year Built 1930

Annual Tax Amount $8,648

Tax Year 2024

Lot Size 3,920 Sqft

Property Description

Don't miss this spacious and well-maintained 2-family home, perfect for investors or owner-occupants looking for a property with great potential. Each unit features 3 generously sized bedrooms and a large kitchen, offering plenty of space for comfortable living. The finished attic, connected to the 2nd-floor unit, provides additional living space, perfect for a home office, guest room, or recreation area. The finished basement adds even more versatility, making this home an excellent opportunity for extended living or rental income. This property also has the potential to be converted into a 3-family home, offering even greater investment opportunities. While some cosmetic updates are needed, the home is in great condition with strong bones, allowing buyers to add their personal touch. Additional features include a detached 1-car garage with a 1-car width driveway, providing ample parking and storage space. Conveniently located near shopping, dining, public transportation, and major highways, this home offers easy access to everything Newark has to offer.

Location

State NJ

County Essex

Zoning 1-3 Family

Rooms

Basement Full

Interior

Interior Features Wood Floors

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Parking Features Detached Garage

Garage Spaces 1.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

Listed by COLDWELL BANKER REALTY

GET MORE INFORMATION

Lauren Molinaro

Real Estate Agent | Lic# 1431347

lauren@laurenmolinarogroup.com

+1(860) 874-1074

7 Mt Bethel Rd Warren NJ, 07059

54-56 Cedar Ave Newark City, NJ 07106

Lauren Molinaro

Key Details

Location

Rooms

Interior

Exterior

Building

Others

54-56 Cedar Ave