Photo of 58 11th Avenue, Newark City NJ
     
58 11th Avenue
Newark City, NJ 07107
Newark City
Newark Public Schools
Essex County
Asking Price$650,000
Bedrooms6
Full Baths5
Partial Baths0
Acres0.06
Lot Dimensions2500 Sqft
Age129
HeatingNatural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic
Garages0
BasementFull
Taxes (2025)$5,686
ParkingOn Street Parking

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.

Room Sizes

Location


Driving Directions
11th Ave W and S 7th St

Details
Architectural Type - Multi Floor Unit
Parking - On-Street Parking
Basement - Finished, Full
Appliances - Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator
Roofing - Asphalt Shingle
Cooling - Window A/C(s)
Heating - Baseboard - Hotwater, Gas-Natural
Sewer - Public Sewer
Water - Public Water
Additional Utilities - Gas-Natural

Notes
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Assessment : 142200
Latitude : 40.7460377
Longitude : -74.195067
EveryHome Number : 026076-52026
Listing Courtesy COMPASS NEW JERSEY LLC
Zoning Designation