About This Home
This 7-bedroom, 4-bathroom residential multi family at 113 N Munn Ave in Newark City, NJ is listed for $550,000. Built in 1905, on a 0.09 acres lot.
Key Features
- Built in 1905
- 0.09 acre lot
- 2 stories
- 5 parking spaces
Property Details
Exceptional investment opportunity in the desirable Lower Vailsburg neighborhood of Newark, NJ. This newly renovated 2-unit multifamily offers 7 bedrooms and 4 bathrooms sitting on a generous 38x105 lot with 5 parking spaces, a rare find in this market.
Both units are currently occupied and generating strong rental income making this a true turnkey addition to any investment portfolio. Perfect for the seasoned investor seeking immediate cash flow or an owner-occupant looking to offset their mortgage with rental income.
Thoughtfully renovated throughout with modern finishes requiring minimal capital expenditure allowing you to collect from day one. Located minutes from Seton Hall University, Vailsburg Park, major highways, and NJ Transit for seamless access to NYC. Opportunities like this do not last. Schedule your showing today.
Monthly Cost Estimate
$2,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
113 N Munn Ave
Newark City, NJ 07106-1368
Questions & Answers
This 7-bedroom, 4-bathroom residential multi family at 113 N Munn Ave is listed at $550,000. The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1905, 0.09 acre lot, 2 stories, 5 parking spaces.
This property is listed by ALAIN BEADE and can be reached at (973) 418-0425.
