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314 Smith St

Newark NJ 07106

7
5
0.07 ac.
Multi-Family
Currently for sale - view listing

Overview

Exceptional investment opportunity in Newark! This property offers strong income-producing potential with separate utilities, making it an ideal addition to any investment portfolio or a great owner-occupied opportunity. The spacious units feature generous room sizes, abundant natural light, and functional layouts designed for comfortable living. Finished basement with full bathroom and kitchenette. This home is situated on a quiet residential street, the property is conveniently located near major highways, public transportation, shopping, schools, parks, providing easy access for commuters and tenants alike. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this property presents outstanding long-term value in one of Newark's continually growing neighborhoods. Don't miss this excellent opportunity to own a cash-flowing asset with tremendous upside potential.

Features

7 bedrooms
5 bathrooms
0.07 ac. lot size
Multi-Family

Property history for 314 Smith St

2019
Sold
$255,000
14 Feb 2019 by Carlos Turner, of RE/MAX Properties Unlimited
2017
Sold
$205,000
05 Oct 2017 by Carlos Turner, of RE/MAX Properties Unlimited

Happy sellers in Newark

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We have insufficient information to provide an overview of customer satisfaction for Newark. Viewing the agent profiles, reviews and sales for Newark can provide insights for this location.

Local market activity for 7 bedroom multi families in Newark

In the last 12 months, 1 seven-bedroom multi family similar to 314 Smith St, have been sold.

This represents a 50% increase in seven-bedroom multi families sales when compared to the previous 12 months.

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