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48 Cedar Ave,Newark City, NJ 07106-1217 | Wright Home Realty

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+01-123-4567

Listing Details

48 Cedar Ave,Newark City, NJ 07106-1217

  • September 3, 2025

Description

Presenting a rare three-family home in the heart of Newark’s Lower Vailsburg, an evolving neighborhood. This versatile property spans three unique units, complete with a detached garage and drive access. Whether you’re an investor seeking rental income or a homeowner looking for rental income, this gem offers endless opportunity. Positioned in a lively, walkable community,

Details

Last Updated On: September 3rd, 2025 at 9:25 am
Property ID:PT-1358460-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 725,000 $
Bedrooms:9
Year Built:1930

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 37.6X100
Lot Identifier: 35
Lot Identifier: 35

Home Details

Open Parking: 1
Basement: Yes
Basmnt/Desc: Yes - Finished, Full
Acreage: 0.09
Total Baths: 3.00
Unit Style: 2-Two Story
Number of Units: 3
Rooms: 16
Easement/Desc: Unknown
Exterior Description: Wood
Roof Description: Asphalt Shingle
Possesion: at closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas
Unit 1 Levels: 1
Unit 1 Rooms: 6
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 Room Description: Bedrooms, Dining Room, Living Room
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas
Unit 2 Levels: 1
Unit 2 Rooms: 6
Unit 2 Beds: 3
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 Room Description: Bedrooms, Dining Room, Living Room
Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas
Unit 3 Levels: 1
Unit 3 Rooms: 4
Unit 3 Beds: 2
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 3 Handicap: No
Unit 3 Room Description: Bedrooms, Dining Room, Living Room
Garage Description: Detached Garage
Number of Garage Spaces: 1
Block Identifier: 4214
County Number: 16
Town Number: 1614
YB/Desc: 1930 - Approximate
Easement: Unknown
Parking/Driveway Description: 1 Car Width
Block Identifier: 4214
County Number: 16
Town Number: 1614
Possession: at closing

Utilities

Heat Source: Gas-Natural
Heat System: 3 Units
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-04214-0000-00035-0000-
Tax Amount: $3,898.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2025
Land Assessment: $12,800.00
Building Assessment: $257,100.00
Total Assessment: $269,900.00
FHA Age Restricted: No

Statistics

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725,000 $

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