118 Oraton St, Newark City, NJ 07104

$700,000
4
BD
2.1
BA

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List Price
$700,000
Status
ACTIVE
MLS#
4042354
Price Change
▼ $15,000 1789869816
Bedrooms
4
Bathrooms
2.1
Half-baths
1
County
Essex
City
Newark City
Year Built
2022

Property Description

Exceptional new construction 2-family home built in 2022, ideally located in Newark's desirable North Ward, just off Broadway between Chester and Delavan Avenues near Belleville. An outstanding opportunity for both owner-occupants and investors, the 2nd-floor apartment is vacant and ready for occupancy, while the 1st-floor apartment is occupied by a quality tenant, providing immediate rental income to offset your mortgage.The vacant 2nd-floor apartment features a bright open-concept living and dining area, a beautifully appointed kitchen with stainless steel appliances, 2 spacious bedrooms, a full bath, ample closet space, and convenient pull-down attic storage.The 1st-floor apartment offers a similar open-concept layout with stainless steel appliances, 2 generously sized bedrooms, and a full bath. This apartment also enjoys exclusive access to the finished lower level, complete with a laundry area, 1/2 bath, direct exterior access, and an exceptionally finished built-in garage featuring attractive vinyl flooring, finished walls, and abundant lighting. This versatile space provides endless possibilities for storage, a workshop, home gym, hobby area, or additional rec space.Built with modern systems, contemporary finishes, and separate utilities, this low-maintenance property offers lasting value and exceptional versatility. Conveniently located near Branch Brook Park, shopping, restaurants, major highways, and public transportation with easy access to New York City.

Additional Information

Exterior
Brick, Vinyl Siding
Basement
Yes
Garage
Built-In Garage, Garage Door Opener, Garage Parking
Water
Public Water
Sewer
Public Sewer, See Remarks
Fuel
Gas-Natural

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Listing Courtesy Of IDENTITY PROPERTIES, Contact: 833-443-3684