74 Chambers St, Newark City, NJ 07105

$1,249,000
14
BD
7
BA

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List Price
$1,249,000
MLS#
4048106
Dom
1
Year Built
1880
Status
ACTIVE
County
Essex
City
Newark City
Subdivision
Iron Bound
Bedrooms
14
Bathrooms
7
Baths Full
7
Acres
0.06

Property Description

EXCEPTIONAL OFFICIAL FOUR-FAMILY INVESTMENT OPPORTUNITY IN THE IRON BOUND SECTION OF NEWARK! Welcome to 74 Chamber Street, a unique and spacious four-family property offering an outstanding opportunity for investors or owner-occupants seeking versatility and income potential. The property features two separate structures a three-unit front building and a beautifully renovated single-family rear house offering a total of 14 bedrooms and 7 bathrooms. The first-floor unit in the front building has been recently renovated and is currently vacant, featuring 3 bedrooms and 1 bathroom. The second and third-floor units each offer 4 bedrooms and 1 bathroom and it is well maintained. The 4th and ALL separate rear house has also been recently renovated and features 3 bedrooms, 3 bathrooms, laundry, and a full finished basement. Both buildings offer finished basement space, adding valuable flexibility and functionality. With its substantial bedroom and bathroom count, two separate structures, and desirable Newark location, this property presents an excellent opportunity for an investor looking to expand a portfolio or an owner-occupant looking for significant income potential. A rare opportunity to acquire a large, versatile four-family property with multiple renovated spaces and tremendous potential. DON'T MISS THE CHANCE TO MAKE 74 CHAMBERS STREET YOUR NEXT INVESTMENT PROPERTY!

Additional Information

Taxes
$13,128
Cooling
4+ Units, Central Air
Exterior
Aluminum Siding, Stone, Stucco
Garage Description
On-Street Parking, See Remarks
Heating
4+ Units, Forced Hot Air
Interior
Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, Tile Floors, Wood Floors
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Garage Description
On-Street Parking, See Remarks

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Listing Courtesy Of CENTURY 21 VENTURE REAL ESTATE, Contact: 201-618-1775

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