Listing Notes
A stunning newly constructed multi-family property in the heart of Newark, offering the perfect blend of modern design, functionality, and income potential. This 2024-built, three-story residence is ideal for both owner-occupants and savvy investors seeking immediate returns. This exceptional property features 2 spacious units, each thoughtfully designed with today's lifestyle in mind. The home offers a total of 6 bedrooms, 4 full baths, and 1 half bath, with beautifully appointed interiors that include open-concept living and dining areas, modern kitchens with stainless steel appliances, and in-unit laundry for added convenience. Each unit boasts generous bedroom sizes, including a primary suite, ample storage, and contemporary finishes throughout, creating a comfortable and stylish living experience. The 1st floor unit includes a fully finished walkout basement, offering additional flexible space perfect for storage, recreation, or future possibilities. Exterior features enhance both curb appeal and functionality, including a private fenced rear yard, patio space, and a built-in garage, a rare find in this area. With separate utilities, central air, and energy-efficient systems, this property is designed for ease of ownership and long-term value. Current rental potential provides strong income, making this a true turnkey investment opportunity. Located near major transportation, shopping, and local amenities in one of Newark's evolving neighborhoods.
Price in context
Cheaper than 12% of the 24 homes listed nearby right now, which run $529,000 to $1,199,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 617 N 8th St | $529,000 | 5 bd · 2 ba |
| 171 Ampere Pkwy | $535,000 | 3 bd · 2 ba |
| 59 Floyd Ave | $549,900 | 4 bd · 2 ba |
| 36 Edison St | $575,000 | 3 bd · 3 ba |
| 697 1/2 N 5th St | $575,000 | 4 bd · 2 ba |
| 586 N 11th St | $589,000 | 4 bd · 2 ba |
| 96 Heckel St | $599,000 | 4 bd · 3 ba |
| 322 N 10th St | $605,000 | 4 bd · 2 ba |
| 37 Edison St | $605,000 | 3 bd · 2 ba |
| 76 Heckel St | $649,000 | 4 bd · 3 ba |
| 67 Heckel St | $679,000 | 5 bd · 3 ba |
| 654 N 5th St | $725,000 | 5 bd · 3 ba |
| 9 N 8th St | $749,000 | 5 bd · 4 ba |
| 80 Heckel St | $750,000 | 4 bd · 3 ba |
| 656 N 5th St | $750,000 | 5 bd · 3 ba |
| 12 Frederick St | $779,000 | 4 bd · 6 ba |
| 63 Grove St | $790,000 | 4 bd · 4 ba |
| 427-429 N 12th St N | $799,000 | Studio · 6 ba |
| 427-429 N 12th St | $799,000 | 5 bd · 6 ba |
| 386 N 11th St | $849,900 | 5 bd · 4 ba |
| 218 Ampere Pkwy | $900,000 | 7 bd · 4 ba |
| 562 N 11th St | $949,000 | 6 bd · 5 ba |
| 93 Davenport Ave Unit 4 | $999,000 | 12 bd · 4 ba |
| 25 Waldo Ave Unit 3 | $1,199,000 | 8 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more