316 Ellery Ave, Newark City, NJ 07106

$750,000
8
BD
4.1
BA

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List Price
$750,000
Status
UNDER CONTRACT
MLS#
4020415
Bedrooms
8
Bathrooms
4.1
Half-baths
1
County
Essex
City
Newark City
Year Built
1952

Property Description

Welcome to this EXTREMELY RARE FOUR FAMILY investment opportunity in Newark's sought-after Vailsburg section this four-family fixer-upper offers exceptional potential, solid structure, and an unbeatable location just minutes from Seton Hall University. Perfect for investors, owner-occupants, or anyone looking to add value through renovation. This multi-family home sits on a quiet residential block with classic Newark character. With the right vision, it can be transformed into a high-performing income property. The parking availability alone sets it apart rare for the area and highly desirable for tenants. Its proximity to Seton Hall and South Orange adds consistent rental demand and long-term stability. 203k loans and hard money loans are welcome!

Additional Information

Exterior
Wood
Basement
Yes
Water
Public Water
Sewer
Public Sewer
Fuel
Gas-Natural

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Calculator source: Real Geeks

Listing Courtesy Of BHGRE ELITE, Contact: 908-316-8530