347 N 5th St
Newark City, NJ 07107
Price: $925,000
GSMLS: 3996070Type: Multi-Family
Style: 3-Three Story, Triplex
Total Units: 3
Beds: 9
Baths: 5 Full
Garage: 2-Car
Year Built: 2001
Acres: 0.15
Property Tax: $10,549
Description
Discover A Rare Opportunity On A Massive 35x186 Lot In Newark's Desirable North Ward, Just Steps From Branch Brook Park. This Legal 3-family Home Offers The Space, Flexibility, And Income Potential You've Been Looking For. Perfect For Living In One Unit While Renting The Others Or Adding A Solid Property To Your Investment Portfolio. Each Apartment Features Three Spacious Bedrooms, Open-concept Living And Dining Areas, And A Well-designed Kitchen That Fits Modern Lifestyles. The Property Also Includes A Double-car Garage, An Oversized Shed, And A Huge Yard Ideal For Gatherings, Bbqs, And Entertainment. Enjoy A Convenient Location Close To Bus And Light Rail Service To Newark Penn Station And The Path Train To Nyc, With Easy Access To Major Highways For A Quick Commute. With Its Prime Location, Rare Lot Size, And Strong Income Potential, This Home Offers A Perfect Blend Of Comfort, Value, And Opportunity In One Of Newark's Fastest-growing Neighborhoods.
General Info
Style:
3-Three Story, Triplex
SqFt Building:
n/a
Total Rooms:
18
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Brick, Vinyl Siding
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Garage Parking
Parking:
2 Car Width, Concrete, Off-Street Parking
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
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:
3 Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
Gas
Water:
Public Water
Sewer:
Private, 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:
$925,000
Tax Amount:
$10,549
Land Assessment:
$33,200
Build. Assessment:
$244,200
Total Assessment:
$277,400
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3996070
List Date:
11-04-2025
Days On Market:
1
Listing Broker:
FLOROSTONE REALTY INC.
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
