Property

Newark, NJ 07112 61-63 Wainwright Street

61-63 Wainwright Street Newark, NJ - Image 161-63 Wainwright Street Newark, NJ - Image 261-63 Wainwright Street Newark, NJ - Image 3
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Presented By: HomeSmart First Advantage Realty
  • MLS# NJES2000264
  • 04/28/2025
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  • Beds • 8

Home Details

Are you seeking to owner-occupy or rent an income producing property? this is the perfect opportunity to do BOTH. This property has low taxes $7,073. The property has separate entrances. There are separate electrical panels, hot water heaters and furnaces for each unit of the home. The location is conveniently located near route 78,GSP, Newark Airport, schools and transportation. This well-maintained 3 family has 3 units; each with an enclosed porch for privacy and relaxation. All units offer a spacious living room, sizable bedrooms, full bath, eat in kitchen with double bowl sink ,built in china cabinet plus a large walk-in pantry and original wood floors. Unit #3 is VACANT-.EZ to view. This unit comes with refinished parquet wood flooring and fresh paint. There is a BONUS half bath in the Full finished basement; is a convenient compliment to this home. The basement is spacious enough for entertaining or recreation. This walk-out basement also leads out to an oversized double lot- fenced rear yard with blacktop and enough parking for 8 or more vehicles. Perfect for OFF street parking. Plus a grassy area for gatherings! 1st & 2nd floor tenants will remain in property .Negotiable lease terms. Property is well-maintained and in good condition. Good cash flow. Selling "as is" Courtesy call required. Property unit #3 is VACANT. EZ to show.. Only serious buyers with qualification letters or proof of funds will have access . ALL units have the same layout. Combo is on porch lower right railing to view.. Property DCA certified to 7/25
Presented By: HomeSmart First Advantage Realty

Interior Features for 61-63 Wainwright Street

Bedrooms

Three Bedroom Units Count2

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NNo
Fireplace Y/NNo
FlooringHardwood, Laminated
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesAdditional Stairway, Crown Moldings, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Pantry, Wood Floors
Window FeaturesWood Frame

General for 61-63 Wainwright Street

Acceptable FinancingFHA, Conventional
Accessibility2+ Access Exits
AppliancesCooktop, Dryer, Dryer - Gas, Oven/Range - Gas, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
Architectural StyleDwelling with Rental
Association Recreation FeeN
CityNEWARK
Construction MaterialsAluminum Siding
Cool FuelNatural Gas
CoolingCeiling Fan(s)
CountyESSEX
DirectionsLyons avenue to Fabyan place to Bragaw ave to Wainwright
DisclosuresProp Disclosure
ExclusionsBlack refrigerator in unit 3. Tenants personal items.
Garage Y/NNo
HeatingRadiator
Lease TypeOwner Occupied
Lot Size Square Feet8276.40
Lot Size UnitsSquare Feet
MLS AreaNewark City (20714)
ModificationTimestamp2025-05-08T14:08:59
MunicipalityNEWARK CITY
New ConstructionNo
Number Of Units Total3
NumberOfUnitsVacant1
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnerPaysTaxes - Real Estate
OwnershipFee Simple
Patio/Porch FeaturesEnclosed, Porch(es)
PossessionNegotiable
Price Per Sq Ft Total AG207.95
Property ConditionVery Good
Property SubtypeTriplex
Property TypeMulti-Family
RoofFlat
School DistrictNEWARK PUBLIC SCHOOLS
Section3 SF3UG
Security FeaturesCarbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector, Window Grills
SewerPublic Sewer
Single Room Units Count17
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount7073.0
Tax Assessed Value7073.0
Tax Lot22
Tax Year2024
Total Rooms17
Total SQFT3222
TransportationAirport less than 10 miles, Commuter Lots less than 5 miles
Two Bedroom1
UtilitiesNatural Gas Available, Electric Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1908
Year Built SourceEstimated
ZoningRESIDENTIAL

Exterior for 61-63 Wainwright Street

Door FeaturesSliding Glass
Foundation DetailsPermanent
Inclusions1 & 2nd fl. tenants remain in property. Lease negotiable
Land Assessed Value0.19
Lot Dimensions57x144.3
Lot FeaturesOpen, Rear Yard
Lot Size Acres0.19
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Type of ParkingOff Street, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

Middle School N/A
Elementary School N/A
High School Weequahic High School

Ebonie Clerier

Associate
Price $669,999
MLS#NJES2000264
List Date 04/28/2025
Property Type Multi-Family
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