Fixer Upper, Multi-Family

townhouse for sale

31 views

Listed: 02/13/23

2 West End Avenue, Newark, NJ 07106, USA

8 Bed:

3 Bath:

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Price

$ 320,000

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About This Townhouse

Huge 2 Family w/ unit 3/3/2 Bedrooms with low taxes and a large garden located on a one way street in East Orange. Great renovation project with plans and permits saving the potential buyer time, expenses & holding costs. After repair value$599-625K+ Rental$2000/2000/1600- $2300/2300/1600= $5600-6200+ Potential Gross Rental Income. Close to all modes of public transportation and minutes away from I-280 and Garden State Pkwy an easy commute to New York. Signed Buyers Hold Harless & release regarding covid required. Pls use all precautions when walking through the home as well as being accompanied by a contractor or real estate professional at all times. The buyer is responsible for all city inspections. This home will not qualify for a standard FHA loan. Only Cash, Private Funding, Renovation Loan, Hard Money & FHA 203K.Pls follow offer submission instructions and ensure all offers are submitted via email with proof of funding

Amenities

Take a stroll in your own garden Garden

Property Also Includes

Storage
Roof Asphalt

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Townhouses for sale in Newark

Newark Housing & Living

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.

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