Beautiful 3-Family Home with Excellent Income PotentialThis spacious and well-maintained 3-family home features 3 bedrooms in each unit, plus a bonus room on the 2nd and 3rd floors. The property also includes a full finished basement with a full bath and additional rooms ideal for recreation, storage, or flexible use.Each floor offers a very spacious eat-in kitchen, complete with pantries and abundant closet space. Hardwood floors run throughout the home, adding warmth and character. The property is equipped with three furnaces, and the roof and gutters were replaced in July 2025. The basement is heated with electric baseboard heat.Conveniently located near NJT bus lines, Newark Beth Israel Hospital, and just 10 minutes from Newark International Airport, this home is ideal for both homeowners and investors.With strong rental potential, the property can generate close to $7,000 per month in rental income. It will be delivered with two units vacant, offering immediate flexibility for occupancy or rental. Owners are looking to close by April 31.
42 Seymour Ave, Newark City NJ 07108-3857
Property City
Newark City
Property Price
$650,000
Bedrooms
9
Year Built
9999
Tax Annual Amount
$5213
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.07
MLS Status
Active
MLS #
4009103
Yearly Tax Rate
3.803
Year Built (*numeric)
9999
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
4
Basement (*text)
Yes
Cooling (*text)
None
GarageSpaces
0
Heating
Baseboard - Hotwater
Lot Size Dimensions
25X122
Data import from
GSMLS