455 4th Ave
Newark City, NJ 07107
Price: $649,500
GSMLS: 4056521Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 8
Baths: 2 Full & 1 Half
Garage: No
Year Built: 1916
Acres: 0.05
Property Tax: $5,374
Description
Great Investment Opportunity in Newark! Welcome to this well-positioned two-family property at 455 4th Ave W, Newark, offering an excellent opportunity for an owner-occupant or investor looking to build equity and generate rental income. The property features two separate units, with one currently occupied and the second unit vacant, providing the perfect setup for an owner occupant to live in one unit while collecting rental income from the other.The property offers a great opportunity to add value with some TLC and personal touches, making it ideal for buyers looking to customize the space and maximize its potential. With its two-family layout, separate living spaces, and income-producing potential, this property offers both flexibility and long-term investment appeal.Located in Newark, the property is conveniently situated near shopping, dining, schools, parks, public transportation, major highways, and commuter routes. Newark's proximity to New York City and its extensive transportation network make it an attractive location for residents and investors alike.Whether you're looking to owner-occupy and offset your mortgage with rental income or add another property to your portfolio, this two-family home presents an exciting opportunity to invest in a desirable Northern New Jersey market. Bring your vision and unlock the potential this property has to offer!
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
See Remarks
Exterior:
See Remarks
Lot Size:
29.4X75
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
4
Bathrooms:
2
Total Rooms:
8
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
1
Total Rooms:
8
Room Description:
Bedrooms, Kitchen, Living Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
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:
See Remarks
Heating Fuel:
See Remarks
Cooling:
See Remarks
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
See Remarks
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:
$649,500
Tax Amount:
$5,374
Land Assessment:
$25,700
Build. Assessment:
$108,700
Total Assessment:
$134,400
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4056521
List Date:
10-02-2026
Days On Market:
2
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Maikol Puebla
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
