Property

Newark City, NJ 07106 54-56 Cedar Ave

Pending
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Presented By: COLDWELL BANKER REALTY; 862-596-1096
  • MLS# 3949523
  • 03/06/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 3
  • Garage • 1

Home Details

Don't miss this spacious and well-maintained 2-family home, perfect for investors or owner-occupants looking for a property with great potential. Each unit features 3 generously sized bedrooms and a large kitchen, offering plenty of space for comfortable living. The finished attic, connected to the 2nd-floor unit, provides additional living space, perfect for a home office, guest room, or recreation area. The finished basement adds even more versatility, making this home an excellent opportunity for extended living or rental income. This property also has the potential to be converted into a 3-family home, offering even greater investment opportunities. While some cosmetic updates are needed, the home is in great condition with strong bones, allowing buyers to add their personal touch. Additional features include a detached 1-car garage with a 1-car width driveway, providing ample parking and storage space. Conveniently located near shopping, dining, public transportation, and major highways, this home offers easy access to everything Newark has to offer.
Presented By: COLDWELL BANKER REALTY; 862-596-1096

Interior Features for 54-56 Cedar Ave

Bedrooms

Total Bedrooms5
Unit 1 Beds Total2
Unit 2 Beds Total3

Bathrooms

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

Other Interior Features

Unit 1 Sq Ft9999
Unit 2 Sq Ft9999
Unit 1 Levels1
Unit 2 Levels2
UnitType1TotalRent0
UnitType2TotalRent3440
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Unit 2 Appl/EquipCarbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
BasementFull
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms6
Unit 1 Rooms5
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 2 Room DescriptionAttic, Bedrooms, Family Room, Kitchen, Living Room

General for 54-56 Cedar Ave

Architectural Style2-Two Story
CoolingNone
CountyEssex
DirectionsSouth Orange Ave to Cedar Ave
Drive1 Car Width
EasementNo
ExclusionsPersonal Belongings
Farm AssessmentNo
Full Baths3
GarageDetached Garage
Garage Spaces1
Gross Income9999
Heating2 Units, Radiators - Steam
Home Warranty Y/NNo
Interior FeaturesWood Floors
Net Operating Income9999
Number Of Units Total2
Open Parking Spaces3
Operating Expense9999
PossessionImmediately
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Subdivision NameLower Vailsburg
Tax Annual Amount8648
Tax Assessed Value227400
Tax Lot32
Tax Year2024
Total Rooms10
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1930
Zoning1-3 Family

Exterior for 54-56 Cedar Ave

Exterior DescriptionAluminum Siding
Lot Dimensions37.6X100
Lot Size Acres0.09
Water SourcePublic Water

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $615,000
MLS#3949523
List Date 03/06/2025
Property Type Pending
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