Property
Newark City, NJ 07107 51 Myrtle Ave # 3
$775,000
18 more
Presented By: PROMINENT PROPERTIES SIR
Beds • 8- Baths • 3
Beds • 8
Baths • 3Home Details
Discover a rare, investment opportunity that blends modern updates with consistent cash flow. This renovated three-family home offers a "set it and forget it" appeal for seasoned investors or an ideal situation for a savvy house-hacker looking to offset their mortgage. Benefit from peace of mind with significant renovations completed within the last few years. The heavy lifting has been done for you. The property is currently occupied with reliable tenants. While the property provides steady income, two units are currently on month-to-month leases, offering the new owner maximum flexibility for market-rent adjustments or owner-occupancy.Situated in a vibrant Newark neighborhood, the home is conveniently located near public transportation, local shopping, and essential services. This is urban living at its most practical, catering to a high-demand rental market.
Presented By: PROMINENT PROPERTIES SIR
Interior Features for 51 Myrtle Ave # 3
Bedrooms
Total Bedrooms8
Unit 1 Beds Total2
Unit 2 Beds Total3
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 Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent1944
UnitType2TotalRent2060
UnitType3TotalRent2203
Unit 3 Fireplaces0
Unit 3 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
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas
BasementUnfinished
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms4
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Kitchen, Living Room
General for 51 Myrtle Ave # 3
Architectural Style3-Three Story
CoolingNone
CountyEssex
DirectionsWest Market Street to Myrtle Avenue.
DriveNone, On-Street Parking
EasementUnknown
Full Baths3
GarageNone, On-Street Parking
Gross Income
HeatingForced Hot Air
Net Operating Income
Number Of Units Total3
Open Parking Spaces
Operating Expense
PossessionNegotiable
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameLower Roseville
Tax Annual Amount13456
Tax Assessed Value336500
Tax Lot60
Tax Year2025
Total Rooms14
Town #1614
TownshipNewark City
Unit Number3
UtilitiesSee Remarks
Year Built1952
Exterior for 51 Myrtle Ave # 3
Exterior AmenitiesCurbs
Exterior DescriptionBrick
Lot Dimensions25X94
Lot FeaturesIrregular Lot
Lot Size Acres0.05
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner