116 Mapes Ave new Save Request In-Person Tour Request Virtual Tour
Newark City,NJ 07112
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3971766
Style 3-Three Story
Bedrooms 6
Full Baths 4
Year Built 1922
Annual Tax Amount $7,389
Tax Year 2024
Lot Size 3,484 Sqft
Property Description
Investor alert! Welcome to 116 Mapes Ave, Newark, NJ ? a fantastic opportunity to own a solid 3-unit multi-family property in a thriving neighborhood. This well-maintained building offers strong income potential and immediate upside.The second and third-floor units have been tastefully updated, providing modern finishes that will appeal to today's renters. The first-floor unit is currently tenant-occupied, generating steady income, while the second floor is owner-occupied, and the third floor is vacant and move-in ready?perfect for rental or additional flexibility.Whether you're looking to expand your real estate portfolio or jump into house-hacking, this property offers versatility and future growth. Don?t miss out on this chance to invest in a vibrant area of Newark that continues to show strong demand.
Location
State NJ
County Essex
Interior
Heating Gas-Natural
Cooling Ceiling Fan, Window A/C(s)
Exterior
Exterior Feature Vinyl Siding
Parking Features See Remarks
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water