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Photo of 58 11th Avenue, Newark City NJ
58 11th Avenue
Newark City, NJ 07107
Bedrooms
6
Full Baths
5
Partial Baths
0
Acres
0.06
Lot Dimensions
2500 Sqft
Age
129
Heating
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public
Garages
0
Basement
Full
Taxes (2025)
$5,686
Parking
On Street Parking
Additional Details Below

Description

Spacious and income-producing two-family home located in Newark's desirable Fairmount neighborhood, offering an excellent opportunity for both owner-occupants and investors - ideal for buyers looking to offset their mortgage with rental income. This well-maintained property features two oversized units with a total of 6 bedrooms and 5 full bathrooms, plus a fully finished basement providing additional flexible living space. The first unit offers 3 bedrooms and 3 full bathrooms, including a finished lower level with bonus rooms and a separate entrance. The second unit features an expansive 3-bedroom, 2-bath layout with a finished attic, providing additional usable space. Additional highlights include hardwood, vinyl, and tile flooring throughout, laundry area and ample storage spaces, private balcony space, and separate utilities. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this versatile multi-family property offers space, functionality, and long-term value in a prime Newark location. Eligible buyers may qualify for Down Payment and closing cost assistance programs, enhancing overall affordability.

Location

Driving Directions

11th Ave W and S 7th St

Listing Details

Summary
Architectural Type

Multi Floor Unit

Parking

On-Street Parking

Interior Features
Basement

Finished, Full

Appliances

Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator

Exterior Features
Roofing

Asphalt Shingle

Utilities
Cooling

Window A/C(s)

Heating

Baseboard - Hotwater, Gas-Natural

Sewer

Public Sewer

Water

Public Water

Additional Utilities

Gas-Natural

Miscellaneous

Assessment : 142,200
Zoning:
Lattitude : 40.7460377
Longitude : -74.195067
MLS# : 4026076
Views : 9
Listed By: of COMPASS NEW JERSEY LLC

Notes

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