Listing Notes
Spacious and income-producing two-family home located in Newark's desirable Fairmount neighborhood, offering an excellent opportunity for both owner-occupants and investors - ideal for buyers looking to offset their mortgage with rental income. This well-maintained property features two oversized units with a total of 6 bedrooms and 5 full bathrooms, plus a fully finished basement providing additional flexible living space. The first unit offers 3 bedrooms and 3 full bathrooms, including a finished lower level with bonus rooms and a separate entrance. The second unit features an expansive 3-bedroom, 2-bath layout with a finished attic, providing additional usable space. Additional highlights include hardwood, vinyl, and tile flooring throughout, laundry area and ample storage spaces, private balcony space, and separate utilities. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this versatile multi-family property offers space, functionality, and long-term value in a prime Newark location. Eligible buyers may qualify for down payment and closing cost assistance programs, enhancing overall affordability.
Price in context
Cheaper than 62% of the 24 homes listed nearby right now, which run $399,999 to $900,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 102 S 14th St | $399,999 | 3 bd · 3 ba |
| 40 N 7th St | $449,000 | 4 bd · 3 ba |
| 170 Fairmount Ave | $459,900 | 3 bd · 2 ba |
| 71 N 5th St | $491,000 | 8 bd · 3 ba |
| 346 Sussex Ave | $498,900 | 4 bd · 3 ba |
| 211-213 S 10th St | $575,000 | 5 bd · 3 ba |
| 96 11th Ave W | $599,000 | 9 bd · 6 ba |
| 73 2nd St | $599,000 | 7 bd · 3 ba |
| 224 12th Ave | $615,000 | 6 bd · 3 ba |
| 149 Camden St | $689,999 | 5 bd · 4 ba |
| 149 Fairmount Ave | $690,000 | 8 bd · 4 ba |
| 119 Littleton Ave | $699,000 | 6 bd · 3 ba |
| 105 S 7th St | $719,000 | 7 bd · 4 ba |
| 289-291 S 7th St | $750,000 | 6 bd · 5 ba |
| 50 9th Ave W | $775,000 | 6 bd · 5 ba |
| 51 Myrtle Ave | $775,000 | 8 bd · 3 ba |
| 67 S 13th St | $800,000 | 7 bd · 5 ba |
| 343 S 10th St | $849,999 | 6 bd · 4 ba |
| 336 S 10th St | $879,999 | 8 bd · 5 ba |
| 195 12th Ave | $889,000 | 6 bd · 4 ba |
| 195 12th Ave | $889,000 | 6 bd · 5 ba |
| 197 12th Ave | $889,000 | Studio |
| 313-315 11th | $900,000 | 6 bd · 3 ba |
| 313 S 11th St | $900,000 | 9 bd · 2 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more