www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze property details including ownership and financial history. Share advanced property insights with your clients and teams.
Opportunity Zone

2 FAMILY- Income producing investment property

Income-Generating Investment Opportunity in Newark, NJ!

Listing Contacts

Active

Asking Price: $679,900
Address 

31-33 Chester Ave, Newark, NJ 07104

Show on Map
Date Added
Oct 11, 2024
Days on Market
166 days
Time Since Last Update
37 days

Details

Property TypeMultifamily
Subtype2 Family
ClassA
Square Footage3,822
Cap Rate7.80%
Units2
Year Built2008
Stories3
Lot Size (sq ft)3,098

Marketing Description

Immaculate two-family home in the heart of North Newark, built in 2008 and maintained in like-new condition.​ Each bright and spacious unit features 3 bedrooms and 2 full baths, with open living areas perfect for comfortable living.​ The fully finished rec room provides additional space for entertainment or added income potential.​ Conveniently located just moments from McCarter Highway, this property offers easy access to transportation, making it ideal for commuters.​ Whether you're an investor or looking to live in one unit and rent the other, this is a rare opportunity with incredible income potential in a prime location! CAP RATE is calculated based off of market rents.​

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


Similar Properties for Sale

Pictures of Land, Multifamily property located at 67-71 Cortland St, Belleville, NJ 07109 for sales - image #1
$1,600,000
18 Unit Multi-family | Slab Build | Residents Lounge
Land • 12,974 SF

67-71 Cortland St Belleville, NJ 07109

Pictures of Multifamily property located at 400 Passaic Ave, East Newark, NJ 07029 for sales - image #1
$22,000,000
St. George Apartments
Multifamily • 60 Units • $366,667/unit

400 Passaic Ave East Newark, NJ 07029

Pictures of Multifamily property located at 93 Davenport Ave, Newark, NJ 07107 for sales - image #1
$1,299,000
93 Davenport Ave
Multifamily

93 Davenport Ave Newark, NJ 07107

Pictures of Multifamily property located at 15-19 Stone St, Newark, NJ 07104 for sales - image #1
$3,500,000
15-19 Stone Street
Multifamily

15-19 Stone St Newark, NJ 07104

Pictures of Multifamily property located at 380 N 11th St, Newark, NJ 07107 for sales - image #1
Unpriced
Newark Multifamily Portfolio
Multifamily

380 N 11th St Newark, NJ 07107

Pictures of Multifamily property located at 123456, Harrison, NJ 07029 for sales - image #1
Unpriced
21 Unit Portfolio
Multifamily

123456 Harrison, NJ 07029

Pictures of Mixed Use, Multifamily, Retail property located at 105 Franklin St, Belleville, NJ 07109 for sales - image #1
$1,300,000
105-107 Franklin Street
2 Commercial + 3 Residential

105 Franklin St Belleville, NJ 07109

Pictures of Industrial, Multifamily property located at 59 N 14th St, East Orange, NJ 07017 for sales - image #1
$775,000
59 N 14th St
Industrial • 7,500 SF

59 N 14th St East Orange, NJ 07017

Pictures of Multifamily property located at 13 Carpenter Terrace N, Belleville, NJ 07109 for sales - image #1
$975,000
13 N Carpenter Terrace
Multifamily • 4 Units • $243,750/unit

13 Carpenter Terrace N Belleville, NJ 07109

Pictures of Multifamily property located at 59 Willet St, Bloomfield, NJ 07003 for sales - image #1
$7,000,000
59 Willet Street, Bloomfield
Luxury Lofts

59 Willet St Bloomfield, NJ 07003

Pictures of Multifamily property located at 291-95 N Clinton St, East Orange, US 07017, 11 N Harrison Street, Richmond, US 23220, 325 Henry St, City of Orange, US 07050, 335-37 N Oraton Pkwy, East Orange, US 07017, 485 William St, East Orange, US 07018 for sales - image #1
Unpriced
The East Orange 5 Portfolio
Multifamily

5 LOCATIONS

See more properties for sale in Newark
See More
See More Similar Properties
Broker Information
Broker Name
Carlie Carreira
Broker License
NJ 0454535
Brokerage Name
EXP REALTY
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .