For Multi Family

103 Mount Vernon Pl,Newark City, NJ 07106-3307

December 18, 2025

Corner Lot Brick Two-Family. Two-Story home on a prime corner lot in desirable Upper Vailsburg. This property could be your cash-flow powerhouse with huge rental income potential from its spacious apartments, each with separate utilities. Includes a full basement, laundry area, and a 2-car attached garage. Convenient location near parks, schools, and transportation. Perfect for an investor or an owner-occupant looking to generate passive income!

Property ID:PT-20125775-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 599,000 $

Bedrooms:4

Year Built:1962

Listing Details

Status: Active

Location

County: Essex

Lotsize: 65X100

Lot Identifier: 26

Lot Description: Corner

Lot Identifier: 26

Home Details

Subdivision: Vailsburg

Open Parking: 2

Basement: Yes

Basmnt/Desc: Yes - Finished

Acreage: 0.15

Total Baths: 2.10

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 12

Easement/Desc: No

Exterior Description: Brick

Roof Description: Composition Shingle

Possesion: 60-90 days

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 1400

Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Master Bedroom

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator

Unit 2 Levels: 1

Unit 2 Rooms: 5

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water

Unit 2 Handicap: No

Unit 2 SqFt: 1400

Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Master Bedroom

Color of Building: Brick

Garage Description: Attached Garage

Number of Garage Spaces: 2

Block Identifier: 4148.01

County Number: 16

Town Number: 1614

YB/Desc: 1962 - Approximate

Color of Building: Brick

Easement: No

Parking/Driveway Description: Blacktop, Driveway-Exclusive

Block Identifier: 4148.01

County Number: 16

Town Number: 1614

Possession: 60-90 days

Taxes, Fees & Assessments

Warranty: No

Tax ID For Property: 1614-04148-0001-00026-0000-

Tax Amount: $7,925.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $37,500.00

Building Assessment: $170,900.00

Total Assessment: $208,400.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Gas-Natural

Heat System: 2 Units, Radiators - Hot Water

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground, Electric, Gas-Natural

Services: Cable TV Available

Type *

Date *

Time *

Your Name *

Phone *

Email *

Your Message *

For Multi Family

Multi-Family

514 Downer St,Westfield Town, NJ 07090-4113

717,000 $

Downer St, Westfield Town, Union

Beds 4

For Multi Family

Multi-Family

442 Elizabeth Ave,Elizabeth City, NJ 07206-1103

830,000 $

Elizabeth Ave, Elizabeth City, Union

Beds 3

For Multi Family

Multi-Family

197 Woodside Ave,Newark City, NJ 07104

749,900 $

Woodside Ave, Newark City, Essex

Beds 7

For Multi Family

Multi-Family

455 Fulton St,Elizabeth City, NJ 07206-1219

995,000 $

Fulton St, Elizabeth City, Union

Beds 6

For Multi Family

Multi-Family

227 21St St,Irvington Twp., NJ 07111-4425

779,900 $

21St St, Irvington Twp., Essex

Beds 7

For Multi Family

Multi-Family

183 Ellery Ave,Newark City, NJ 07106-3503

599,900 $

Ellery Ave, Newark City, Essex

Beds 4

599,000 $

4 Views
0 Rating
0 Favorites
0 Share
0 Comments
0 Likes
0 Love
0 Dislike

+01-123-4567

Listing Details

103 Mount Vernon Pl,Newark City, NJ 07106-3307

Description

Details