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Residential Income For Sale

148 Dewey Street, Newark, NJ 07112

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Property Description

BRAND NEW CONSTRUCTION! Exceptional Investment Opportunity! This stunning 3-family with a bonus accessory structure offers unparalleled income potential with 9 bedrooms, 7.5 baths on an expansive 8,000 sq ft lot. BONUS: Separate accessory structure adds incredible versatility – transform into a private studio, home gym, office suite, or guest quarters for maximum income potential! Lower Level: 2 bedrooms, 1 bath, pantry, laundry room, complete with stainless steel appliances including dishwasher, oven, range, microwave, and stackable washer/dryer. Floors 2 & 3: Each boasts 3 bedrooms, 3 full baths, pantry, laundry room, and gourmet kitchens with islands and premium finishes throughout such as designer media walls, and master bedrooms with accent walls. Perfect for owner-occupancy – live in one unit and rent the others PLUS monetize the accessory building to maximize your investment returns. The separate structure provides endless possibilities: additional rental income, private retreat space, or premium amenities that command higher rents. Prime Weequahic location near Beth Israel & convenient access to parks, quality schools, and public transportation. This turnkey property combines modern luxury with smart financial planning and an unbeatable Newark location. Don’t miss this unique opportunity to own a cash-flowing asset from day one! 5 Year Tax Abatement! Schedule your private showing today. Property will be done In November!!!

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
25033894
Price:
$1,125,000
Status:
Active Under Contract
Office Name:
Jersey Blue Estates
Agent Name:
Cherise
Features
Architectural Style:
4 Family
Laundry Features:
In Unit
Utilities:
Sep Elec, Sep Gas, Sep Heat, Sep Water
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Newark
Zipcode:
07112
Street:
Dewey
Street Number:
148
Street Suffix:
Street
Longitude:
W75° 46' 57.6''
Latitude:
N40° 42' 51.7''
Additional Information
On Market Date:
2025-09-23
Garage:
3
Financial
Tax Annual Amount:
5282
Listing Information
Co List Agent Mls Id:
500237
List Agent Mls Id:
1032775
List Office Mls Id:
3990
Mls Status:
Under Contract
Modification Timestamp:
2026-04-21T13:54:25Z
Originating System Name:
njmls
Status Change Timestamp:
2026-04-21
Residential Income For Sale
Listing ID:
25033894
$1,125,000
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
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