8 Treacy Ave, Newark City NJ 07108-1623

Property City
Newark City
Property Media
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Property Price
$599,999
Bedrooms
9
Year Built
1917
Tax Annual Amount
$8054
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.07
MLS Status
Active
MLS #
4003492

Welcome to 8?10 Treacy Ave, a well-maintained legal 2-family home offering exceptional flexibility and income opportunity.Unit 1 features a spacious 3-bedroom, 1-bath layout with comfortable living space.Unit 2 offers a larger 3-bedroom, 2-bath configuration, ideal for extended living or rental income.Above, there is a bonus unit with 2 bedrooms and 1 full bath, providing additional living space and potential upside.The property is fully equipped with three separate meters, gas lines, water heaters, and utilities for each unit, allowing for independent usage and simplified management.The home features a shared driveway and includes a private parking lot in the rear with space for two vehicles, a valuable amenity in this area.Per the township, the property may be eligible for conversion to a legal 3-family with the installation of a sprinkler system and/or fire escape. Buyer to perform their own due diligence and verify all requirements with the town.Conveniently located near major transportation, shopping, and local amenities, this property is ideal for investors or owner-occupants seeking long-term value and multiple income streams.

Yearly Tax Rate
3.803
Year Built (*numeric)
1917
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
7
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Heating
Radiant - Hot Water
Lot Size Dimensions
32X96.1
Property Location

40.72652, -74.20247

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buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762