94 Willoughby St
Newark City, NJ 07112
Price: $489,000
GSMLS: 3953950Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 6
Baths: 2 Full
Garage: No
Year Built: 1917
Acres: 0.06
Property Tax: $7,541
Description
Investor's Dream! 2 Family Home In Newark Nj An Excellent Income Potential. Welcome To 94 Willoughby St Newark, Nj, A Spacious And Well-maintained 2 Unit Home Offering Fantastic Investment Potential! This Property Features 2 Distinct Units, Each Providing A Great Living Space And Strong Rental Income. Perfect For Investors Or Owner-occupants Looking To Offset Their Mortgage With Rental Income. Unit 1: 3 Bedrooms, 1 Full Bathroom, Offering Ample Living Space. This Unit Features A Bright Living Area, Nice Kitchen, And Plenty Of Closet Space. Unit 2: Another 3 Bedroom, 1 Bathroom Unit With Similar Layout And Size, Ideal For Someone Looking For Spacious Accommodations. Unit 1 Can Use Tlc, Both Units Have Separate Utilities, Making This Property Easy To Manage. The Property Also Offers A Large Yard For You To Enjoy, Off-street Parking, And Is Conveniently Located Near Schools, Parks, Shopping, And Public Transportation For Easy Commuting. Whether You're Looking To Expand Your Investment Portfolio Or Live In One Unit While Renting The Others, This Multi-family Home Is A Rare Find In Newark Growing Rental Market. Don't Miss The Opportunity To Generate Consistent Rental Income From This Well-located, Income-producing Property! Schedule Your Showing Today! Being Sold As Is, Motivated Seller.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
8
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width, Driveway-Shared
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Master Bedroom, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Master Bedroom, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$489,000
Tax Amount:
$7,541
Land Assessment:
$26,300
Build. Assessment:
$172,000
Total Assessment:
$198,300
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3953950
List Date:
03-31-2025
Days On Market:
6
Listing Broker:
KELLER WILLIAMS VALLEY REALTY
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
