314 Smith St, Newark City NJ 07106-2518

Property City
Newark City
Property Price
$510,000
Bedrooms
7
Year Built
1927
Tax Annual Amount
$7798
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.07
MLS Status
Active
MLS #
4040406

Exceptional investment opportunity in Newark! This property offers strong income-producing potential with separate utilities, making it an ideal addition to any investment portfolio or a great owner-occupied opportunity. The spacious units feature generous room sizes, abundant natural light, and functional layouts designed for comfortable living. Finished basement with full bathroom and kitchenette. This home is situated on a quiet residential street, the property is conveniently located near major highways, public transportation, shopping, schools, parks, providing easy access for commuters and tenants alike. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this property presents outstanding long-term value in one of Newark's continually growing neighborhoods. Don't miss this excellent opportunity to own a cash-flowing asset with tremendous upside potential.

Yearly Tax Rate
3.999
Year Built (*numeric)
1927
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
3
Basement (*text)
Yes
Cooling (*text)
See Remarks
GarageSpaces
2
Heating
2 Units, See Remarks
Lot Size Dimensions
32X100
Property Location

40.74119, -74.23273

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Units: Miles
Origin Coordinates
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762