Property

Newark City, NJ 07106 40 Silver St

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Presented By: RE/MAX SELECT; 973-739-8008
  • MLS# 3907474
  • 06/12/2024
  • Request Tour
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  • Beds • 8
  • Baths • 3

Home Details

40 Silver st is a large, fully renovated 2 family home in desirable Vailsburg section of Newark, close to everything! The flow of the layout, the abundant windows, and the tall ceilings make both apartments feel open and spacious. Unit 1 includes living / dining room, renovated kitchen with new cabinets, appliances, and quartz countertop. The 2nd floor is a giant 2 floor duplex unit that includes not only the same expansive living / dining and kitchen layout as the first floor, but also offers 5 bedrooms and 2 full renovated baths. The basement is cleaned and painted and has multiple laundry hookups ready to go. Other updates include new plumbing, separate forced air heat, and new retaining wall on the side and front of property. This property has tremendous rental income potential due to it's large apartments and amenities like forced air heat and on site laundry, making it a great opportunity for both investor and owner occupant.
Presented By: RE/MAX SELECT; 973-739-8008

Interior Features for 40 Silver St

Bedrooms

Total Bedrooms8
Unit 1 Beds Total3
Unit 2 Beds Total5

Bathrooms

Full Baths3
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total2.0

Other Interior Features

Unit 1 Sq Ft1100
Unit 2 Sq Ft1500
Unit 1 Levels1
Unit 2 Levels2
UnitType1TotalRent999
UnitType2TotalRent999
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas
BasementUnfinished
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms9
Unit 1 Rooms7
Unit 1 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room

General for 40 Silver St

Architectural Style3-Three Story
CoolingNone
CountyEssex
Days on Market14
DirectionsSanford ave going north, right on Silver st.
Drive1 Car Width
EasementNo
GarageNone
Garage Spaces
Gross Income999
Heating2 Units, Forced Hot Air
Net Operating Income999
NumberOfUnitsTotal2
Open Parking Spaces3
Operating Expense999
Possessionat closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount5271
Tax Assessed Value141400
Tax Lot3
Tax Year2023
Total Rooms18
Town #1614
TownshipNewark City
Water HeaterGas

Exterior for 40 Silver St

Exterior DescriptionVinyl Siding
Lot Dimensions35.2X50
Lot Size Acres0.04
Water SourcePublic Water

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $589,900
MLS#3907474
List Date 06/12/2024
Property Type Multi-Family
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