654 N 5th St
Newark City, NJ 07107
Price: $750,000
GSMLS: 4021552Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 5
Baths: 3 Full
Garage: 2-Car
Year Built: 1900
Acres: 0.05
Property Tax: $7,446
Description
Investment Opportunity! 2 Family home near NYC transportation! Perfect for Investors or buyers looking to build equity in a strong location .Don't miss this excellent income-producing opportunity! This well-maintained two-family home with a finished basement is perfect for investors or owner-occupants looking to generate rental income .Prime Location- Located in a high-demand rental area. Just minutes from convenient public transportation to NYC, making it ideal for commuters. Enjoy easy access to local restaurants, shopping, and the beautiful surroundings of Branch Brook Park. Additional Note: Property converted from oil to natural gas. Seller believes an underground oil tank may remain on the property. Property being sold as-is. Buyer responsible for inspections.
General Info
Style:
3-Three Story
SqFt Building:
3,756
Total Rooms:
12
Basement:
Yes - Finished
Interior:
Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Brick, Vinyl Siding
Lot Size:
42X50
Lot Desc:
Level Lot
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
Blacktop
Spaces Available:
5
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas,KitExhFn,RgOvGas,Refrig,SmokeDet,OvnWGas
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas,RgOvGas,Refrig,SmokeDet
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
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:
Baseboard - Hotwater, Radiators - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
ABINGTON
Middle:
ABINGTON
High School:
TECHNOLOGY
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$750,000
Tax Amount:
$7,446
Land Assessment:
$47,000
Build. Assessment:
$139,200
Total Assessment:
$186,200
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4021552
List Date:
04-17-2026
Days On Market:
0
Listing Broker:
WEICHERT REALTORS
Listing Agent:
Raquel Bernard
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
