• 27 Grand Ave Newark, New Jersey 07106

  • $574,900
  • 6
    Bed(s)
  • 2
    Baths
  • 0
    Sq Ft
  • 0.14
    Acre

Welcome to your chance to purchase a hard to find updated two family home. This impeccably maintained two-family home offers not just one, but two spacious units, making it an ideal investment opportunity or a perfect solution for multi-generational living or an investor looking to cash flow. Home features separate boilers, separate water heaters and electrical systems. Each unit has 3 bedrooms, living and dining and 1 bath. Each unit features well-appointed living spaces, including inviting living rooms, comfortable bedrooms, updated kitchens, and updated bathrooms. Flexible layouts offer endless possibilities for customization to suit your lifestyle or rental preferences. Nestled in a serene neighborhood, yet conveniently close to major amenities, schools, parks, and transportation routes, this property offers the best of both worlds - tranquility and accessibility. Step outside to discover a huge backyard retreat, perfect for relaxing, entertaining, or outdoor activities. Enjoy summer barbecues, gardening, or simply basking in the sunshine in your own backyard haven. With a vacancy in a multi-family property being a rare find, this home presents a lucrative opportunity for savvy investors. Take advantage of the strong rental market.

Property Type :

Multi Family

County :

Essex

Style :

Multi Family

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Property Details

 

Utilities

Gas In Street

Heating & Cooling

Heating: 2 Units

Cooling: None

Building Information

Year Built: 1952

Construction: Brick, Vinyl Siding

Roof: Asphalt Shingle

Lot Information

Lot Dimensions: 32 X 185

Lot Size (Acres): 0.14

Listing Information

Possession: 0 -30

Tax Information

Tax ID: 1614-04205-0001-00025-0000-

Tax Year: 2023

Parcel Number: 1614-04205-0001-00025-0000-

Taxes : 4,656

Parking Information

Open Parking Space: 4

Parking Features: Additional Parking, Driveway-Shared

Utility Information

Gas In Street

Water Source : Public Water

SEWER : Public Sewer

Location Information

Direction: South Orange Ave to Grand Ave

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
62 Stuyvesant Ave, Newark, NJ,07106 $415,000 3 2 -- 0.11 Acre
32 Palm St, Newark, NJ,07106 $349,000 5 2 1,500 0.07 Acre
26 Fleetwood Pl, Newark, NJ,07106 $399,999 3 1 -- 0.08 Acre
87 Pine Grove Ter, Newark, NJ,07106 $244,500 3 1.5 -- 0.08 Acre
29 W End Ave, Newark, NJ,07106 $399,000 5 2 -- 0.11 Acre
206 Brookdale Ave, Newark, NJ,07106 $1,500,000 -- -- -- 0.04 Acre
100 Halstead St, Newark, NJ,07106 $260,000 3 1 -- 0.11 Acre
93 Sunset Ave, Newark, NJ,07106 $355,000 4 2 -- 0.06 Acre
56 Alexander St, Newark, NJ,07106 $475,000 4 3.5 -- 0.12 Acre
15 Isabella Ave, Newark, NJ,07106 $600,000 7 4 -- 0.12 Acre

ByOwner last updated this listing 06/17/2024 @ 11:32

MLS: 3902198
LISTED BY: , RE/MAX FIRST REALTY II
SOURCE: Garden State MLS - New Jersey
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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