Property
Newark City, NJ 07112 388-392 Chadwick Ave
$849,900
24 more
Presented By: RE/MAX PROFESSIONALS I; 973-450-4000
Beds • 10- Baths • 4
- Garage • 2
Beds • 10
Baths • 4
Garage • 2Home Details
Located in the Weequahic Section of Newark, this well-situated four-family property sits on a 72x100 lot in a C1 Commercial Zone,offering strong rental potential with separate utilities and flexible occupancy options. One unit is currently vacant, providing animmediate leasing opportunity or an excellent option for an owner-occupant. The other three units are tenant-occupied, deliveringinstant rental income. Conveniently positioned near parks, restaurants, shopping, public transportation, major highways, and offering easy access to NYC. A solid addition to any investment portfolio.
Presented By: RE/MAX PROFESSIONALS I; 973-450-4000
Interior Features for 388-392 Chadwick Ave
Bedrooms
Total Bedrooms10
Unit 1 Beds Total2
Unit 2 Beds Total3
Unit 3 Beds Total2
Unit 4 Beds Total3
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 4 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
Unit 4 Levels1
UnitType1TotalRent0
UnitType2TotalRent2660
UnitType3TotalRent1277
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 4 Rooms7
Unit 2 Rooms5
Unit 1 Rooms6
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Kitchen, Living/Dining Room
Unit 1 Room DescriptionBedrooms, Kitchen, Living/Dining Room, See Remarks
Unit 2 Room DescriptionBedrooms, Kitchen, Living/Dining Room
Unit 4 Room DescriptionBedrooms, Kitchen, Living/Dining Room
General for 388-392 Chadwick Ave
Architectural StyleFourplex, See Remarks
CoolingSee Remarks, Wall A/C Unit(s)
CountyEssex
DirectionsBergen St. to Nye Ave Right on Nye and Left onto Chadwick Ave.
DriveOff-Street Parking
EasementNo
Full Baths4
GarageAdditional 1/2 Car Garage, Detached Garage
Garage Spaces2
Gross Income
Heating4+ Units, Forced Hot Air
Net Operating Income
Number Of Units Total4
Open Parking Spaces12
Operating Expense0
PossessionTBD
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount10300
Tax Assessed Value269100
Tax Lot11
Tax Year2025
Total Rooms22
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1922
Exterior for 388-392 Chadwick Ave
Exterior DescriptionAluminum Siding
Lot Dimensions72X100
Lot Size Acres0.17
Water SourcePublic Water, See Remarks
Additional Details
Price History
Brian Lee
Associate