Property
Newark City, NJ 07112 222 Weequahic Ave
$550,000
Pending
24 more
Presented By: UNITED REAL ESTATE; 888-501-6953
Beds • 5
Baths • 3
Home Details
Charming 3-Unit Multi Family Home with Great Income Potential! This well maintained 3-unit multi-family property is perfect for investors or owner occupants seeking additional rental income. Located in near transportation and major highways, the property features two 2-bedroom 1 bath units and a cozy but generously spacious 1 bedroom 1 bathroom unit. Two of the units are currently occupied and have been thoughtfully updated with renovated bathrooms and new flooring throughout. The second-floor unit offers excellent potential, with some TLC required to make it shine. The exciting bonus is that the second unit is vacant, providing opportunity for immediate renovations or occupancy. The first-floor ujnit boasts a bonus space, ideal for a home office or den, adding even mor versatility to the layout. Whether you're looking to live in one unit and rent out the others or add a great investment property to your portfolio. this multi-family home offers excellent value. *******Highest and Best Due Wednesday 1/29/25 at 6pm*******
Presented By: UNITED REAL ESTATE; 888-501-6953
Interior Features for 222 Weequahic Ave
Bedrooms
Total Bedrooms5
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total1
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1100
Unit 2 Sq Ft1000
Unit 3 Sq Ft700
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent2000
UnitType2TotalRent0
UnitType3TotalRent1300
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces1
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbMDet, CeilFan, CookGas
Unit 2 Appl/EquipCarbMDet, CeilFan, CookGas
Unit 3 Appl/EquipCarbMDet, CeilFan, CookGas
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms4
Unit 1 Rooms5
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Den, Dining Room, Eat-In Kitchen, Living Room, Pantry
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room
General for 222 Weequahic Ave
Architectural Style1-One Story
CoolingCeiling Fan
CountyEssex
DirectionsFrom Lyons Ave turn onto Clinton Pl. Left onto Weequahic Ave
DriveOn-Street Parking
EasementUnknown
Full Baths3
Gross Income999
Heating2 Units, Radiators - Hot Water
Net Operating Income999
Number Of Units Total3
Open Parking Spaces
Operating Expense999
PossessionNegotiable
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount6065
Tax Assessed Value159500
Tax Lot13
Tax Year2024
Total Rooms11
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1927
Exterior for 222 Weequahic Ave
Exterior DescriptionAluminum Siding
Lot Dimensions40X100.1
Lot Size Acres0.09
Water SourcePublic Water
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate