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Residential For Sale

58 11th Ave, Newark City, Essex 07107

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Property Description

Spacious and income-producing two-family home located in Newark’s desirable Fairmount neighborhood, offering an excellent opportunity for both owner-occupants and investors – ideal for buyers looking to offset their mortgage with rental income. This well-maintained property features two oversized units with a total of 6 bedrooms and 5 full bathrooms, plus a fully finished basement providing additional flexible living space. The first unit offers 3 bedrooms and 3 full bathrooms, including a finished lower level with bonus rooms and a separate entrance. The second unit features an expansive 3-bedroom, 2-bath layout with a finished attic, providing additional usable space. Additional highlights include hardwood, vinyl, and tile flooring throughout, laundry area and ample storage spaces, private balcony space, and separate utilities. Whether you’re looking to live in one unit while generating rental income from the other or expand your investment portfolio, this versatile multi-family property offers space, functionality, and long-term value in a prime Newark location. Eligible buyers may qualify for down payment and closing cost assistance programs, enhancing overall affordability.

Basic Details
Property Type:
Residential
Listing Type:
For Sale
Listing ID:
4026076
Price:
$650,000
Year Built:
1897
Lot Area:
0.06 Acre
Status:
Active
Office Name:
COMPASS NEW JERSEY LLC
Full Bathrooms:
5
Roof:
Asphalt Shingle
Features
Heating System:
Baseboard - Hotwater
Cooling System:
Window A/C(s)
Basement:
Full, Finished
Architectural Style:
Multi Floor Unit
Sewer:
Public Sewer
Utilities:
Gas-Natural
Appliances
Appliances:
Refrigerator, Carbon Monoxide Detector, Range/Oven-Gas
Address Map
Country:
US
State:
Essex
County:
Essex
City:
Newark City
Zipcode:
07107
Street:
11Th Ave
Street Number:
58
Longitude:
W75° 48' 17.8''
Latitude:
N40° 44' 45.7''
Directions:
11th Ave W and S 7th St
Additional Information
Lot Size Dimensions:
25X100
Water Source:
Public Water
Financial
Tax Annual Amount:
5686
Listing Information
List Agent Mls Id:
301377
List Office Mls Id:
550205
Mls Status:
Active
Modification Timestamp:
2026-05-07T22:00:16Z
Originating System Name:
gsmls
Residential For Sale
Listing ID:
4026076
Lot Area:
0.06 Acre
$650,000
Agent info
Contact Agent

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