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$ 589,999
Est. payment | /mo
6 Beds
2 Baths
3,049 Sqft Lot
$ 589,999
Est. payment | /mo
6 Beds
2 Baths
3,049 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4063465
Style 2-Two Story
Bedrooms 6
Full Baths 2
Year Built 1925
Annual Tax Amount $5,982
Tax Year 2025
Lot Size 3,049 Sqft
Property Description
Move right into this newly renovated two-family home at 48 Salem Street in Newark! Both units feature identical floor plans that include hardwood floors throughout, stainless steel appliances, quartz countertops, washer/dryer hookups, spacious bedrooms, and inviting living areas. Off-street parking and a garage add valuable convenience! Looking to own and invest at the same time? Live in one unit and rent the other to help offset housing costs, or explore the income potential of both units. A two-family home offers flexibility for owner-occupants and investors alike, with an opportunity to build your real estate portfolio in Newark?s established market. A renovated two-family home with parking, a garage, and owner-occupant potential is ready for its next chapter. Schedule your showing and explore the possibilities at 48 Salem Street! Financing opportunity: Through the seller?s preferred lender, qualified buyers may be eligible for a conventional loan with a fixed 5.2% interest rate, 5.3% APR, 5% down, and no PMI. Seller concessions toward closing costs may also be available with a qualifying offer. Loan terms, eligibility, and program details apply; inquire for details.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features Detached Garage, Garage Parking
Utilities Available See Remarks
Roof Type Asphalt Shingle
Garage Yes
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by COOPER MCKELVEY REAL ESTATE CO.
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