388-392 Chadwick Ave
Newark City, NJ 07112
Price: $849,900
GSMLS: 4001505Type: Multi-Family
Style: Fourplex, See Remarks
Total Units: 4
Beds: 12
Baths: 4 Full & 4 Half
Garage: 2-Car
Year Built: 1922
Acres: 0.17
Property Tax: $10,300
Description
Located In The Weequahic Section Of Newark, This Well-situated Four-family Property Sits On A 72x100 Lot In A C1 Commercial Zone,offering Strong Rental Potential With Separate Utilities And Flexible Occupancy Options. One Unit Is Currently Vacant, Providing Animmediate Leasing Opportunity Or An Excellent Option For An Owner-occupant. The Other Three Units Are Tenant-occupied, Deliveringinstant Rental Income. Conveniently Positioned Near Parks, Restaurants, Shopping, Public Transportation, Major Highways, And Offering Easy Access To Nyc. A Solid Addition To Any Investment Portfolio.
General Info
Style:
Fourplex, See Remarks
SqFt Building:
n/a
Total Rooms:
24
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Flat
Exterior:
Aluminum Siding
Lot Size:
72X100
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Additional 1/2 Car Garage, Detached Garage
Parking:
Off-Street Parking
Spaces Available:
12
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Kitchen, Living/Dining Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
3
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
4+ Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
See Remarks, Wall A/C Unit(s)
Water Heater:
n/a
Water:
Public Water, See Remarks
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:
$849,900
Tax Amount:
$10,300
Land Assessment:
$33,400
Build. Assessment:
$235,700
Total Assessment:
$269,100
Tax Rate:
3.80
Tax Year:
2025
Listing Information
MLS ID:
4001505
List Date:
12-12-2025
Days On Market:
0
Listing Broker:
RE/MAX PROFESSIONALS I
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
