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Image 1 - 426-428 W 3rd Ave, Newark, New Jersey, 07107 - House for sale
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Home For Sale In Newark, New Jersey
426-428 W 3rd Ave, Newark, New Jersey, 07107

Home For Sale In Newark, New Jersey

house for sale
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Listed: 05/29/24

426-428 W 3rd Ave, Newark, New Jersey, 07107

5 Bed:
4 Bath:
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Price
$ 649,500

About This House

Calling All Investors!! Welcome to an investment opportunity in the heart of Newark, NJ! This recently renovated multifamily property offers a lucrative option for both investors and homeowners looking to generate rental income. Set on a residential street, this property boasts modern amenities, ample parking, and a charming backyard, making it an ideal choice for those seeking a profitable real estate venture. Enjoy the outdoors in the property's charming backyard. Income Potential With a great rent roll already in place, this property offers immediate income potential for investors with a full finish basement and attic. Don't Miss Out! Whether you're an experienced investor or a first-time buyer looking to maximize your investment 3rd Ave West presents a compelling opportunity. Schedule a showing today and discover the potential of this turnkey investment property! More Photo's to Come!!!

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Newark Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Newark, United States averaged $381,770, a decrease of 10.4% from the previous month.
Median price trends for properties for sale in Newark, United States as of May 2024.

Household Income

Median household income: $37,642
Number of households: 101,689
The average household income in Newark, NJ grew from $35,167 to $37,642 in the past year. This data is an estimate based upon 101,689 households in Newark, NJ.
The chart below presents how household income is distributed in Newark, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newark, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Newark, NJ equals $3k+ , which is more than the national average.