56-58 Shaw Ave Under Contract

Newark City,NJ 07112

$ 499999

8 Beds

5 Baths

2934 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,934 sqft

Price per Sqft $170

MLS Listing ID 3898328

Style 3-Three Story, Under/Over

Bedrooms 8

Full Baths 5

Year Built 1927

Annual Tax Amount $6,464

Tax Year 2023

Lot Size 4,356 Sqft

Property Description

*Excellent Investment Opportunity* in this 3 Family home on a large corner lot in thriving Newark! Boasting 8 Bedrooms, 5 Full Baths, Full Basement and ample parking, bursting with possibilities! Great for passive income, rent out all units, or live in one and rent out the others! Almost 3000 sq feet of finished living all through, the first floor unit offers 2 Beds, 2 Full Baths, Living rm, Dining rm and Eat-in-Kitchen. The second level unit offers 3 Beds, 1 Full Bath, Living Rm and Eat-in-Kitchen. Finished third floor offers 3 Beds, 1 Full Bath, Kitchen and Living area. Full Basement with storage, laundry, utilities and additional Full Bath. Separate utilities, semi-private entrances, plenty of parking and more! All in a prime commuter location just steps to public transit, shopping, dining, schools, St. Peters Park, Newark Beth Israel Medical Center, and easy access to major roads. Don't wait! Opportunity is knocking! *Showings begin Saturday 4/27

Location

State NJ

County Essex

Rooms

Basement Full, Unfinished

Interior

Interior Features Blinds, Carbon Monoxide Detector, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors

Heating Oil Tank Below Ground

Cooling Window A/C(s)

Heat Source Oil Tank Below Ground

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Parking Type Additional Parking, Blacktop, Driveway-Exclusive

Building

Lot Description Corner, Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story, Under/Over

Schools

Elementary Schools G Carver

High Schools Weequahic

Others

Senior Community No

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