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Residential Income For Sale

197 Weequahic Ave Unit 2, Newark City, NJ 07112-1729

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Property Description
Welcome to the classic Weequahic Section. Unmatched investment potential awaits in this prime corner lot two-famly home situated just one block away from the iconic Beth Israel Medical Center. Offering a fantastic opportunity for investors or savvy own occupant buyers looking to customize, the property features a unique two-level upper unit layout with abundant space and natural light coming through oversized bay windows. While the home requires cosmetic updates and TLC throughout to really shine its absolute best, its functional footprint, private driveway, huge wrap around porch, desirable corner positioning, and unbeatable proximity to local healthcare facilities, highway access, downtown Newark locations present a solid canvas for transformation. Schedule an appointment, bring your vision, contractor, or design ideas to unlock the full equity and rental income potential of this promising multi-family asset. Ask about special attractive financing rates to take advantage for this neighborhood. Buyer responsible for any and all town requirements (smoke and CO).
Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4059048
Price:
$550,000
Year Built:
1897
Lot Area:
0.14 Acre
Status:
Active
Office Name:
BHHS FOX & ROACH
Agent Name:
MICHELE CHILES-HICKMAN
Full Bathrooms:
2
Roof:
Asphalt Shingle
Features
Heating System:
2 Units
Cooling System:
None
Basement:
Unfinished
Architectural Style:
3-Three Story
Exterior Features:
Curbs
Interior Features:
Wood Floors
Sewer:
Public Sewer
Utilities:
Gas In Street
Address Map
Country:
US
State:
NJ
County:
Essex
City:
Newark City
Zipcode:
07112-1729
Street:
Weequahic Ave
Street Number:
197
Longitude:
W75° 47' 7.8''
Latitude:
N40° 42' 34.2''
Directions:
Lyons Avenue to Maple or Clinton Place to Weequahic. One block to Beth Israel Hospital
Unit Number:
2
Additional Information
Lot Size Dimensions:
58X105
Water Source:
Public Water
Number Of Units Total:
2
Lot Features:
Corner
Financial
Tax Annual Amount:
8825
Listing Information
List Agent Mls Id:
249761
List Office Mls Id:
000341
Mls Status:
Active
Modification Timestamp:
2026-10-18T19:25:20Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4059048
Lot Area:
0.14 Acre
$550,000
Agent info
Contact Agent

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Phone: 201-891-8200
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