Properties Buying

183 Ellery Ave
Newark City NJ 07106-3503

  • Multi-Family Residential
  • Active
  • 2 weeks ago

183 Ellery Ave
Newark City NJ 07106-3503

 

$599,900

40X105

Description

Introducing a prime investment opportunity in the highly desirable Ivy Hill section of Newark, New Jersey! This meticulously maintained two-family home is truly move-in ready and ideal for both owner-occupants and investors seeking strong rental potential. Each of the recently renovated two-bedroom units showcases modern style and thoughtful functionality. Enjoy spacious living rooms, tasteful finishes, abundant natural light, and updated kitchens featuring contemporary appliances and generous storage perfect for everyday convenience. With separate entrances and utilities, this property provides excellent flexibility and privacy for both units. Whether you're planning to generate rental income, occupy one unit while renting the other, the possibilities are endless. Outside, a two-car detached garage offers secure parking and additional storage an invaluable amenity in this neighborhood. The well-kept yard provides a peaceful green space ideal for relaxing or hosting outdoor gatherings. Situated in Ivy Hill, you'll enjoy close proximity to Newark's vibrant downtown, quality schools, local parks, and multiple transportation options including nearby train stations and major highways making commuting and daily travel a breeze. Property is being sold strictly as-is. Buyer is responsible for applying for and obtaining all required municipal certificates to close.

Facts and Features

Type

Multi-Family Residential

Year Built

2024

Heating

Gas-Natural

SQFT

40X105

bedroom_child
Bedrooms

4

bathroom
bathrooms

2.00

garage
GARAGE

2

in_home_mode
Status

Active

Interior Features

Basement Description
Unfinished
Basement
Yes
Total # Full Baths
2
Total # Baths
2.00
# Bedrooms
4
Cooling
None
Heating
2 Units, Baseboard - Hotwater
Fuel Type
Gas-Natural
Interior Features
Carpeting, Vinyl-Linoleum Floors, Wood Floors
Status
Active
Total # Rooms
11
Unit 1 Appl/Equip
Range/Oven - Gas
Unit 1 Baths
1.0
Unit 1 Bedrooms
2
Unit 1 Handicap Modified
No
Unit 1 Levels
1
Unit 1 Owner/Tenant Pays
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Room Description
Bedrooms, Eat-In Kitchen, Living Room
Unit 1 Rooms
5
Unit 2 Appl/Equip
Range/Oven - Gas
Unit 2 Baths
1.0
Unit 2 Bedrooms
2
Unit 2 Handicap Modified
No
Unit 2 Lease Expiration
2026-04-30
Unit 2 Levels
1
Unit 2 Owner/Tenant Pays
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Rent
1730
Unit 2 Room Description
Bedrooms, Eat-In Kitchen, Living Room, Sunroom
Unit 2 Rooms
6
Unit Style
2-Two Story

Exterior Features

Total Acres
0.10
Parking/Driveway Description
1 Car Width
Easement
Unknown
Exterior Description
Vinyl Siding
Exterior Features
Open Porch(es)
# Garage Spaces
2
Garage Description
Detached Garage
Approximate Lot Size
40X105
# Parking Spaces
2
Roof Description
Asphalt Shingle
Sewer
Public Sewer
Building Sq Ft
2200
Total # Units
2
Utilities
Electric, Gas In Street, Gas-Natural
Water
Public Water
Construction Date/Year Built
1931
Construction Date/Year Built Des
Approximate