222 Weequahic Ave

Newark City, NJ 07112


 

Price: $550,000

GSMLS:  3979022
Type: Multi-Family
Style: 1-One Story
Total Units: 3
Beds: 5
Baths: 3 Full
Garage: No
Year Built: 1927
Acres: 0.09
Property Tax: $6,065
Description
Charming 3-unit Multi Family Home With Great Income Potential! This Well Maintained 3-unit Multi-family Property Is Perfect For Investors Or Owner Occupants Seeking Additional Rental Income. Located In Near Transportation And Major Highways, The Property Features Two 2-bedroom 1 Bath Units And A Cozy But Generously Spacious 1 Bedroom 1 Bathroom Unit. Two Of The Units Are Currently Occupied And Have Been Thoughtfully Updated With Renovated Bathrooms And New Flooring Throughout. The Second-floor Unit Offers Excellent Potential, With Some Tlc Required To Make It Shine. The Exciting Bonus Is That The Second Unit Is Vacant, Providing Opportunity For Immediate Renovations Or Occupancy. The First-floor Unit Boasts A Bonus Space, Ideal For A Home Office Or Den, Adding Even Mor Versatility To The Layout. Whether You're Looking To Live In One Unit And Rent Out The Others Or Add A Great Investment Property To Your Portfolio. This Multi-family Home Offers Excellent Value.
General Info
Style:
1-One Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
No
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
40X100.1
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Den, Dining Room, Eat-In Kitchen, Living Room, Pantry
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
1
Appliances:
CarbMDet,CeilFan,CookGas
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Radiators - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
Ceiling Fan
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$550,000
Tax Amount:
$6,065
Land Assessment:
$20,000
Build. Assessment:
$139,500
Total Assessment:
$159,500
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3979022
List Date:
08-01-2025
Days On Market:
0
Listing Broker:
UNITED REAL ESTATE
Listing Agent:
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox