99 Grafton Ave
Newark City, NJ 07104
Price: $749,900
GSMLS: 4005741Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 8
Baths: 3 Full
Garage: 3-Car
Year Built: 1925
Acres: 0.12
Property Tax: $9,108
Description
Great investment opportunity in Newark's highly desirable Northward! This well-maintained multifamily property features spacious units plus a finished basement, offering excellent income potential. First Floor: Living room, spacious kitchen, four generously sized bedrooms, and one full bathroom. Second Floor: Living room, kitchen, four spacious bedrooms, and one full bathroom. Finished Basement: Family room, office, exercise room, storage room, laundry area, and one bathroom. Conveniently located near schools, Branch Brook Park, and public transportation, with easy access to NYC. An ideal opportunity for investors or owner-occupants looking to generate rental income in a prime location.
General Info
Style:
2-Two Story
SqFt Building:
3,000
Total Rooms:
17
Basement:
Yes - Finished
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Roof:
Flat
Exterior:
Brick
Lot Size:
40.9X132.8
Lot Desc:
n/a
Parking
Garage Capacity:
3-Car
Description:
Detached Garage
Parking:
1 Car Width
Spaces Available:
6
Unit 1
Bedrooms:
4
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
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
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, Baseboard - Hotwater, Radiators - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas In Street
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:
$749,900
Tax Amount:
$9,108
Land Assessment:
$34,700
Build. Assessment:
$204,800
Total Assessment:
$239,500
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
4005741
List Date:
01-18-2026
Days On Market:
0
Listing Broker:
RE/MAX PROFESSIONALS I
Listing Agent:
Carmen Jimenez
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
