466 Delavan Ave, Newark City, NJ 07107

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List Price
$640,000
Status
UNDER CONTRACT
MLS#
4025930
Price Change
▲ $141,000 1779222161
Bedrooms
4
Bathrooms
2
County
Essex
City
Newark City
Year Built
1963

Property Description

Solid 2-family home located in the desirable Upper Roseville section of Newark, offering strong income potential in one of the area's most active and in-demand neighborhoods. This property features a spacious 3-bedroom unit and a 1-bedroom unit, providing flexibility for both investors and owner-occupants.One of the standout features is the oversized private driveway with parking for up to 6 vehicles an extremely rare and valuable asset in Newark. The home also includes a full basement with excellent potential for additional living space, storage, or future improvements.While the interior is in average condition, the property offers solid fundamentals and presents a great opportunity to add value through updates and customization.Upper Roseville continues to attract strong buyer and rental demand due to its convenient location, proximity to major transportation, shopping, and easy access to NYC. This area is known for its consistent rental activity and long-term growth potential, making it an ideal choice for those looking to build equity and generate income.A unique opportunity to invest in a high-demand neighborhood with upside.

Additional Information

Exterior
Aluminum Siding
Basement
Yes
Garage
None
Water
Public Water
Sewer
Public Sewer
Fuel
Gas-Natural

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of PREMIER HOMES, Contact: 908-245-6767