Exceptional new construction 2-family home built in 2022, ideally located in Newark's desirable North Ward, just off Broadway between Chester and Delavan Avenues near Belleville. An outstanding opportunity for both owner-occupants and investors, the 2nd-floor apartment is vacant and ready for occupancy, while the 1st-floor apartment is occupied by a quality tenant, providing immediate rental income to offset your mortgage.The vacant 2nd-floor apartment features a bright open-concept living and dining area, a beautifully appointed kitchen with stainless steel appliances, 2 spacious bedrooms, a full bath, ample closet space, and convenient pull-down attic storage.The 1st-floor apartment offers a similar open-concept layout with stainless steel appliances, 2 generously sized bedrooms, and a full bath. This apartment also enjoys exclusive access to the finished lower level, complete with a laundry area, 1/2 bath, direct exterior access, and an exceptionally finished built-in garage featuring attractive vinyl flooring, finished walls, and abundant lighting. This versatile space provides endless possibilities for storage, a workshop, home gym, hobby area, or additional rec space.Built with modern systems, contemporary finishes, and separate utilities, this low-maintenance property offers lasting value and exceptional versatility. Conveniently located near Branch Brook Park, shopping, restaurants, major highways, and public transportation with easy access to New York City.
118 Oraton St, Newark City NJ 07104-4108
Property City
Newark City
Property Price
$749,900
Bedrooms
4
Year Built
2022
Tax Annual Amount
$12416
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.03
MLS Status
Active
MLS #
4042354
Yearly Tax Rate
3.999
Year Built (*numeric)
2022
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
2 Units, Central Air
GarageSpaces
1
Heating
2 Units, Forced Hot Air
Lot Size Dimensions
24.6X50
Data import from
GSMLS