334 1st Ave
Listing Notes
The perfect legal rooming house does exist. This impeccably maintained investment property delivers exceptional cash flow and has been upgraded to an impressive standard throughout. The current owner has taken tremendous pride in maintaining and improving the property, resulting in strong and consistent returns. The building features 8 legal rooming units, 6 full bathrooms, a large finished basement, parking, Central AC, forced hot air, and much more. The owner occupied principal unit on the first floor has been fully upgraded with a modern kitchen, renovated bathrooms, and tasteful finishes throughout. Conveniently located near major highways, Newark Airport, shopping centers, and public transportation, this prime location makes tenant occupancy easy and highly desirable year round. A rare opportunity to add a high performing, well maintained asset to your investment portfolio. Come see your next investment opportunity today.
Price in context
Cheaper than 17% of the 24 homes listed nearby right now, which run $600,000 to $1,300,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 335 Elizabeth Ave | $600,000 | 9 bd · 3 ba |
| 75 Geneva St | $630,000 | 5 bd · 3 ba |
| 48 Atlantic St | $639,900 | 6 bd · 4 ba |
| 453 Fulton St | $649,000 | 6 bd · 3 ba |
| 71 Erie St | $650,000 | 6 bd · 2 ba |
| 450 3rd Ave Unit 2 | $650,000 | 6 bd · 3 ba |
| 232 Franklin St | $670,000 | 7 bd · 3 ba |
| 42 S 2nd St | $690,000 | 6 bd · 2 ba |
| 313 Livingston St | $715,000 | 5 bd · 3 ba |
| 523 Franklin St | $725,000 | 8 bd · 3 ba |
| 442 Elizabeth Ave | $785,000 | 3 bd · 3 ba |
| 530 Broadway | $795,000 | 6 bd · 4 ba |
| 452 Broadway | $799,001 | 7 bd · 6 ba |
| 12 Geneva St | $800,000 | 6 bd · 4 ba |
| 448 Fulton St | $800,000 | 6 bd · 5 ba |
| 56 Delaware St | $809,900 | 6 bd · 5 ba |
| 446 Marshall St | $900,000 | 6 bd · 4 ba |
| 229 Delaware St | $900,000 | 8 bd · 3 ba |
| 14 Spencer St | $949,000 | 6 bd · 5 ba |
| 66 Delaware St | $950,000 | 7 bd · 5 ba |
| 409 Livingston St | $999,900 | 8 bd · 6 ba |
| 54 56 2nd St | $1,100,000 | 6 bd · 6 ba |
| 459 Fulton St | $1,199,000 | 8 bd · 4 ba |
| 29 S Second St | $1,300,000 | 8 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more