332 S 19Th StNewark City, NJ 07103

Description

Investor Special: High-Yield Renovation Opportunity in Newark! Attention investors and handy buyers! Unlock immense equity and cash flow potential with this classic six-room, three-bedroom, one-bathroom Colonial situated on a 25 x 100 lot. If you are looking for your next great income producer or a rewarding flip project, this property is priced perfectly for an investor or a handy person using cash or renovation financing. The home features incredibly low carrying costs with property taxes under $1,100 yearly, maximizing your bottom line and future rental yields. Please note that the property requires substantial repairs and a total renovation, providing the perfect blank canvas to build it out exactly to your standards in a highly active sub-market with robust buyer demand.The property is currently vacant, boarded safe, and easy to show. Investment opportunities with carrying costs this low do not last long in this competitive market, so bring your contractor, bring your vision, and act now before it's gone!

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Colonial

Year built

1906

Lot size

0.06 acres

Ownership

Fee Simple

Days on market

66

MLS^® Listing#

4041611

Property Features

Basement

Unfinished

Roof

Asphalt

Sewer

Public Sewer

Water source

Public

Schools

Elementary

13TH AVE

Middle

13TH AVE

High

WEST SIDE

Financial Details

Annual taxes

$1,047Tax year 2025

Assessed value

$26,200

Parcel number

1614-01793-0000-00039-0000-

Directions

13th Ave to S 19th