Property
Newark City, NJ 07107 697 1/2 N 5Th St
$575,000
12 more
Presented By: THE THOMPSON REALTY GROUP
Beds • 4- Baths • 2
Beds • 4
Baths • 2Home Details
Opportunity awaits with this well-located two-family property in Newark's desirable North Ward. Conveniently situated near public transportation, major highways, schools, shopping, dining, houses of worship, and the renowned Branch Brook Park. This income-producing property offers separate living spaces, making it ideal for investors or owner-occupants seeking rental income. Features include an oversized basement providing ample storage and potential for additional use, subject to local regulations. Enjoy easy access to recreation, commuter routes, and neighborhood amenities. A fantastic opportunity to add value and build long-term wealth in a strong rental market.
Presented By: THE THOMPSON REALTY GROUP
Interior Features for 697 1/2 N 5Th St
Bedrooms
Total Bedrooms4
Unit 1 Beds Total2
Unit 2 Beds Total2
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
UnitType1TotalRent0
UnitType2TotalRent0
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipRange/Oven - Gas
Unit 2 Appl/EquipRange/Oven - Gas
BasementFinished-Partially
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms5
Unit 1 Room DescriptionBedrooms, Kitchen, Living/Dining Room
Unit 2 Room DescriptionBedrooms, Kitchen, Living/Dining Room
General for 697 1/2 N 5Th St
Architectural Style2-Two Story
CoolingSee Remarks
CountyEssex
DirectionsUse GPS to N.5th Street. Off of Bloomfield Ave.
Drive2 Car Width
EasementNo
Full Baths2
Gross Income
Heating1 Unit, Baseboard - Hotwater
Net Operating Income
Number Of Units Total2
Open Parking Spaces2
Operating Expense
PossessionASAP
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount5762
Tax Assessed Value144100
Tax Lot49
Tax Year2025
Total Rooms8
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1962
Exterior for 697 1/2 N 5Th St
Exterior DescriptionStucco
Lot Dimensions16.10X100
Lot Size Acres0.04
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate