409 Halsey St, Newark City, NJ 07102

$1,050,000
8
BD
5
BA

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List Price
$1,050,000
MLS#
4057505
Year Built
2005
Status
ACTIVE
County
Essex
City
Newark City
Subdivision
Central Business District
Bedrooms
8
Bathrooms
5
Baths Full
5
Acres
0.06

Property Description

Downtown Newark is growing and opportunities to own a multifamily right in the middle of that growth don't come around every day. 409 Halsey St gives an investor or owner-occupant the chance to own a property surrounded by new development and continued investment throughout the city.The building has something many multifamily properties don't character. Exposed brick, hardwood floors, high ceilings, large rooms and updated kitchens and baths give the units a true downtown feel. Live in one and collect rent from the others, or add the entire property to your investment portfolio.Location, location, location; Step outside and you're already on Halsey Street, with restaurants, lounges and entertainment nearby. Prudential Center, Newark Penn Station, NJPAC, downtown businesses and universities are all within the surrounding downtown area. When there's a Devils game, concert or event at Prudential Center, you're living or investing right where people are coming to be.Meanwhile, Downtown Newark continues to see new residential construction and redevelopment, including newer buildings already surrounding the property. Add convenient access to NYC, Newark Liberty International Airport, Route 21, I-280 and the Garden State Parkway, and you can see why location matters here.You're buying a downtown Newark property with rental income potential, owner-occupant possibilities and a front-row seat to what's happening around it.

Additional Information

Taxes
$10,793
Cooling
2 Units, Central Air
Exterior
Vinyl Siding
Garage Spaces
1
Garage Description
Built-In Garage
Heating
2 Units, Forced Hot Air
Interior
Blinds, Carbon Monoxide Detector, See Remarks, Skylight, Smoke Detector, Walk-In Closet, Wood Floors
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Exterior Features
Barbeque, Deck, See Remarks
Garage Description
Built-In Garage

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Listing Courtesy Of REAL, Contact: 973-941-6999

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