$1,100,000
Est. payment /mo
5 BD
2.5 BA
2,613 Sqft Lot
Active
1115 Broad St Newark City, NJ 07114
UPDATED:
11/13/2024 11:10 AM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3931626
Style 3-Three Story
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1877
Annual Tax Amount $8,872
Tax Year 2023
Lot Size 2,613 Sqft
Property Description
Very well-maintained historic 2-family home, built in 1877, located in downtown Newark in a community commercial zone that permits mixed-use for both residential and commercial purposes! The owner has paperwork authorizing the conversion to a legal three-family. This charming property features stunning woodwork, large rooms, wrap-around stairs, and ample storage. The 1st floor offers open recreational rooms, one bedroom, and a half bath. The 2nd floor includes an eat-in kitchen, living room, full bathroom, and three bedrooms. The 3rd floor features another eat-in kitchen, bedroom, living room, and a full bathroom. Enjoy a private backyard and the added security of a pre-wired system with cameras. The massive unfinished basement offers great potential for expansion. New water heater. This is a prime investment opportunity for residential, commercial, or mixed-use purposes. Selling 100% AS-IS. Buyer is responsible for all municipal inspections. A must-see this opportunity will not last!
Location
State NJ
County Essex
Zoning C2
Rooms
Basement Full
Interior
Heating Electric, GasPropL
Cooling 1 Unit
Heat Source Electric, GasPropL
Exterior
Exterior Feature Brick
Utilities Available Electric, Gas-Natural
Roof Type Flat
Parking Type On-Street Parking
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by WEICHERT REALTORS