231 Wainwright St

Newark City, NJ 07112


 

Price: $700,000

GSMLS:  4014614
Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 6
Baths: 2 Full
Garage: No
Year Built: 1928
Acres: 0.08
Property Tax: $7,998
Description
Discover the perfect blend of income potential and convenient living with this impressive six-bedroom, two-bathroom multi-family property. Whether you're a savvy investor seeking steady rental income or looking to live in one unit while the other pays your mortgage, this property checks all the boxes for smart real estate strategy.Step inside to find spacious living areas designed for comfortable everyday life! Each unit offers 3 spacious bedrooms, EIK with stainless steel appliances, granite counter tops, designer white cabinets and modern bathrooms with ceramic tiles. The 2nd floor offers a walk up attic that could be used for a game room, storage, etc.The finished basement offers valuable additional square footage deal for storage, a home gym, or whatever your imagination can dream up. Outside, the private outdoor space with patio provides a refreshing retreat where residents can unwind after a busy day, host weekend barbecues, or simply enjoy fresh air without leaving home. Weequahic High School is conveniently nearby, while Newark Beth Israel Medical Center provides peace of mind with quality healthcare just around the corner. Daily errands become effortless with Supremo Food Market within easy reach. For commuters, this address is pure gold! The public buses to Newark Penn Station connects you directly to New York City, making the daily trek into Manhattan remarkably stress-free. Newark Liberty International Airport is also conveniently accessible when wanderlust calls
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Unfinished
Interior:
Fire Extinguisher, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
35X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width
Spaces Available:
3
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Pantry, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Water Softener - Own
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Attic, Bedrooms, Eat-In Kitchen, Living Room, Pantry, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Water Softener - Own
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
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, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s)
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:
WEEQUAHIC
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
Weequahic
Financial Considerations
List Price:
$700,000
Tax Amount:
$7,998
Land Assessment:
$18,800
Build. Assessment:
$181,200
Total Assessment:
$200,000
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4014614
List Date:
03-16-2026
Days On Market:
0
Listing Broker:
NORTH STAR ELITE REALTY
Listing Agent:
Krya Harrison
 

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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


Shawn and Diane Fox