118 Oraton St

Newark City, NJ 07104


 

Price: $749,900

GSMLS:  4042354
Type: Multi-Family
Style: 3-Three Story, See Remarks
Total Units: 2
Beds: 4
Baths: 2 Full & 1 Half
Garage: 1-Car
Year Built: 2022
Acres: 0.03
Property Tax: $12,416
Description
Open House Saturday 12PM–3PM.
Exceptional new construction 2-family home built in 2022, ideally located in Newark's desirable North Ward, just off Broadway between Chester and Delavan Avenues near Belleville. An outstanding opportunity for both owner-occupants and investors, the 2nd-floor apartment is vacant and ready for occupancy, while the 1st-floor apartment is occupied by a quality tenant, providing immediate rental income to offset your mortgage.The vacant 2nd-floor apartment features a bright open-concept living and dining area, a beautifully appointed kitchen with stainless steel appliances, 2 spacious bedrooms, a full bath, ample closet space, and convenient pull-down attic storage.The 1st-floor apartment offers a similar open-concept layout with stainless steel appliances, 2 generously sized bedrooms, and a full bath. This apartment also enjoys exclusive access to the finished lower level, complete with a laundry area, 1/2 bath, direct exterior access, and an exceptionally finished built-in garage featuring attractive vinyl flooring, finished walls, and abundant lighting. This versatile space provides endless possibilities for storage, a workshop, home gym, hobby area, or additional rec space.Built with modern systems, contemporary finishes, and separate utilities, this low-maintenance property offers lasting value and exceptional versatility. Conveniently located near Branch Brook Park, shopping, restaurants, major highways, and public transportation with easy access to New York City.
General Info
Style:
3-Three Story, See Remarks
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Finished, Walkout
Interior:
Carbon Monoxide Detector, See Remarks, Smoke Detector, Tile Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Brick, Vinyl Siding
Lot Size:
24.6X50
Lot Desc:
n/a
Parking
Garage Capacity:
1-Car
Description:
Built-In Garage, Garage Door Opener, Garage Parking
Parking:
See Remarks
Spaces Available:
1
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Rec Room, Storage
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
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:
Attic, Bedrooms, Kitchen, Living/Dining Room, Rec Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
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:
2 Units, Central Air
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer, See Remarks
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
L M MARIN
Middle:
L M MARIN
High School:
TECHNOLOGY
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
North Ward
Financial Considerations
List Price:
$749,900
Tax Amount:
$12,416
Land Assessment:
$11,600
Build. Assessment:
$298,900
Total Assessment:
$310,500
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4042354
List Date:
07-22-2026
Days On Market:
1
Listing Broker:
IDENTITY PROPERTIES
Listing Agent:
Sydney M. White
 

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