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Residential Income For Sale
196 Fairmount Ave, Newark City, NJ 07103-2455
Property Description
Excellent investment opportunity in Newark! This recently updated 3-family property is being delivered COMPLETELY VACANT and offers three spacious units, each featuring 3 bedrooms and 1.5 bathrooms with functional open layouts designed for comfortable living. Recent improvements include new flooring, with new kitchens and updated bathrooms to be completed prior to closing. The property also features a large unfinished basement offering ample storage and additional potential. With ALL THREE UNITS VACANT, the new owner has the flexibility to select their own tenants, set rents, or occupy one unit while generating rental income from the others. Ideally located near schools, hospital, shopping, dining, public transportation, and major highways for convenient commuting.
Basic Details
- Property Type:
- Residential Income
- Listing Type:
- For Sale
- Listing ID:
- 4058733
- Price:
- $769,000
- Year Built:
- 1877
- Lot Area:
- 0.06 Acre
- Status:
- Active
- Office Name:
- PROVIDENT LEGACY REALTORS
- Agent Name:
- ANDREA J. ALUMMOOTIL
- Full Bathrooms:
- 3
- Roof:
- Asphalt Shingle
Features
- Heating System:
- Forced Hot Air, 3 Units
- Cooling System:
- Window A/C(s)
- Basement:
- Unfinished
- Architectural Style:
- 3-Three Story
- Sewer:
- Public Sewer
- Utilities:
- See Remarks
Address Map
- Country:
- US
- State:
- NJ
- County:
- Essex
- City:
- Newark City
- Zipcode:
- 07103-2455
- Street:
- Fairmount Ave
- Street Number:
- 196
- Longitude:
- W75° 48' 20.2''
- Latitude:
- N40° 44' 26.3''
- Directions:
- GOOGLE MAPS
Additional Information
- Lot Size Dimensions:
- 25X100
- Water Source:
- Public Water
- Number Of Units Total:
- 3
Financial
- Tax Annual Amount:
- 10561
Listing Information
- List Agent Mls Id:
- 279008
- List Office Mls Id:
- 436201
- Mls Status:
- Active
- Modification Timestamp:
- 2026-10-13T20:05:45Z
- Originating System Name:
- gsmls
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Contact Us
Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
Email: info@myrealestatemission.com