NJ > Newark
Newark, NJ 07103,337 S 19th ST
Newark, NJ 07103,337 S 19th ST
Newark, NJ 07103,337 S 19th ST
35
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$480,000
Est. payment /mo
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10 Beds
3 Baths
Active

337 S 19th ST Newark, NJ 07103

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24037283

Bedrooms 10

Full Baths 3

Annual Tax Amount $6,628

Property Description

Newark legal three family home in the 07103 zip code offers exceptional potential for investors or homeowners. Featuring 2/4/4 bedroom layouts, a spacious basement, and low taxes, this property is ripe for renovation, with an estimated budget of $200K-$250K allowing for full customization. The first floor unit can be expanded by adding a front-facing room or converted into a duplex by incorporating the basement, potentially creating a fourth unit for increased rental income. Second and third-floor units offer flexibility to add up to four bedrooms, walk-in closets, or additional bathrooms, maximizing tenant appeal and rental income potential. ARV $730 to 800K + with projected rents of $2,000 to $2,500 per unit, the property can generate $8,000 to $10,000+ monthly, depending on the configuration. Situated near Rutgers, NJIT, downtown Newark, and major transit routes like I-78 and Garden State Parkway, it's an ideal location for tenants. The property is sold "AS IS,"

Location

State NJ

County Essex

Area Newark

Rooms

Basement Yes

Interior

Heating Gas, Other Fuel Source/See Rmks

Fireplaces Type None

Laundry None

Exterior

Exterior Feature Aluminum, Vinyl

Parking Features None

Utilities Available O/See Rmks, Sep Heat

Waterfront Description None

View None

Building

Lot Description Regular

Others

Ownership Private

Miscellaneous None

New Jersey (NJMLS-RETS)
Listed by EXP Realty, LLC

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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