Property

Newark City, NJ 07106 31 Cedar Ave

31 Cedar Ave Newark City, NJ - Image 131 Cedar Ave Newark City, NJ - Image 231 Cedar Ave Newark City, NJ - Image 3
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Presented By: VYLLA HOME; 856-206-0413
  • MLS# 3927291
  • 10/02/2024
  • Request Tour
  • Request Info
  • Beds • 11
  • Baths • 3

Home Details

Welcome to 31 Cedar Ave, Newark, NJ, a recently renovated 3-family property located in the vibrant Upper Vailsburg neighborhood. This investment opportunity features two spacious 4-bedroom units and one 3-bedroom unit, currently vacant, offering flexibility for either immediate rental or Owner-occupancy. As an Owner occupant you can enjoy the long term gains while achieving equitable value. Why Rent when You Can own! Upper Vailsburg is a sought-after community with a blend of suburban charm and urban accessibility, appealing to new homebuyers and investors alike. Known for its beautiful Victorian and Dutch colonial-style homes, the area also boasts close proximity to key landmarks like Ivy Hill Park, a lush green space perfect for outdoor activities. Additionally, Upper Vailsburg provides convenient access to public transportation, major highways, and a short commute to New York City, making it ideal for tenants seeking both tranquility and convenience.The neighborhood's increasing home values and rental demand make this property a smart investment for wealth-builders focused on generating cash flow through multi-family properties. With nearby amenities including local shops, schools, and historic sites. 31 Cedar Ave is well-positioned to attract long-term renters and provides a solid return on investment.Don't miss this opportunity to own a turn-key, income-generating property in one of Newark's most promising neighborhoods! Bring All offers Today
Presented By: VYLLA HOME; 856-206-0413

Interior Features for 31 Cedar Ave

Bedrooms

Total Bedrooms11
Unit 1 Beds Total4
Unit 2 Beds Total4
Unit 3 Beds Total3

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft1125
Unit 2 Sq Ft1125
Unit 3 Sq Ft1125
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent9999
UnitType2TotalRent9999
UnitType3TotalRent9999
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedYes
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
BasementFull, Unfinished
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms6
Unit 1 Rooms6
Unit 3 Rooms6
Unit 3 Room DescriptionBedrooms, Living/Dining Room, Master Bedroom
Unit 1 Room DescriptionBedrooms, Living/Dining Room, Master Bedroom
Unit 2 Room DescriptionBedrooms, Living/Dining Room, Master Bedroom

General for 31 Cedar Ave

Architectural Style3-Three Story
CoolingWindow A/C(s)
CountyEssex
Days on Market
Directionsgoogle maps
DriveOn-Street Parking
EasementNo
Exterior FeaturesSidewalk
Full Baths3
Gross Income9999
HeatingBaseboard - Hotwater, Radiant - Hot Water
Interior FeaturesCarbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Net Operating Income9999
NumberOfUnitsTotal3
Open Parking Spaces0
Operating Expense9999
PossessionFee Simple
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount6546
Tax Assessed Value175600
Tax Lot4
Tax Year2023
Total Rooms13
Town #1614
TownshipNewark City
Water HeaterGas

Exterior for 31 Cedar Ave

Exterior DescriptionVinyl Siding
Lot Dimensions31.6X110
Lot Size Acres0.08
Water SourcePublic Water

Additional Details

Price History

Tina Torres

Broker/Owner
Price $640,000
MLS#3927291
List Date 10/02/2024
Property Type Multi-Family
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