466 Delavan Ave
Newark City, NJ 07107
Price: $499,000
GSMLS: 4025930Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 4
Baths: 2 Full
Garage: No
Year Built: Unknown
Acres: 0.06
Property Tax: $5,642
Description
Open House Saturday 1PM–5PM.
Solid 2-family home located in the desirable Upper Roseville section of Newark, offering strong income potential in one of the area's most active and in-demand neighborhoods. This property features a spacious 3-bedroom unit and a 1-bedroom unit, providing flexibility for both investors and owner-occupants.One of the standout features is the oversized private driveway with parking for up to 6 vehicles an extremely rare and valuable asset in Newark. The home also includes a full basement with excellent potential for additional living space, storage, or future improvements.While the interior is in average condition, the property offers solid fundamentals and presents a great opportunity to add value through updates and customization.Upper Roseville continues to attract strong buyer and rental demand due to its convenient location, proximity to major transportation, shopping, and easy access to NYC. This area is known for its consistent rental activity and long-term growth potential, making it an ideal choice for those looking to build equity and generate income.A unique opportunity to invest in a high-demand neighborhood with upside.General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
9
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
37.6X75
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
1 Car Width, Blacktop, See Remarks
Spaces Available:
6
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,SmokeDet
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Kitchen, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,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:
1 Unit, See Remarks
Heating Fuel:
Gas-Natural
Cooling:
None,WindowAC
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground, Electric, 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:
UPPER ROSEVILLE
Financial Considerations
List Price:
$499,000
Tax Amount:
$5,642
Land Assessment:
$43,200
Build. Assessment:
$97,900
Total Assessment:
$141,100
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4025930
List Date:
05-04-2026
Days On Market:
3
Listing Broker:
PREMIER HOMES
Listing Agent:
Jorge Rueda
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
