25 Pine Grove Ter, Newark City, NJ 07106

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List Price
$399,995
Status
ACTIVE
MLS#
4064268
Bedrooms
7
Bathrooms
3
County
Essex
City
Newark City
Year Built
1925

Property Description

Two-Family Fixer-Upper on a Double Lot! Incredible opportunity for homeowners and investors looking to make money & add value! This versatile home features a spacious a 1st fl 3 bed aparment and 4 bedroom duplex spanning 2 levels that can be separated into a separate unit as wehave a bathroom on the 3rd fl. Hardwood flooring, generously sized rooms, and off-street parking for 4+ vehicles and huge backyard. The spacious unfinished basement provides additional storage space giving you the opportunity to create a finished basement. Currently in livable condition, the property offers multiple renovation strategies, with estimated improvements potentially under $75K depending on the buyer's vision and scope of work My contractor quoted $180K for a full renovation. I recently renovated property at 72 Sunset Avenue on the next st & attracted offers between $750K?$810K during renovation which will be closing shortly. Located near the Garden State Parkway, Seaton Hall, parks, shopping, dining, and everyday amenities. Qualified buyers may be eligible for down payment or closing cost assistance through our approved lenders, subject to program requirements. Buyers, sellers, renters, landlords and investors if you are looking opportunities you invited to join our weekly property tours, real estate pitch nights, and educational webinars to access valuable resources, networking, and potential private funding opportunities.

Additional Information

Exterior
Vinyl Siding
Lot Description
Level Lot
Basement
Yes
Garage
None
Water
Public Water
Sewer
Public Sewer
Fuel
Gas-Natural

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Listing Courtesy Of RE/MAX FIRST REALTY II, Contact: 862-283-1282