113 Elizabeth Ave
Newark City, NJ 07108
Price: $699,000
GSMLS: 3968168Type: Multi-Family
Style: Fourplex, See Remarks
Total Units: 4
Beds: 6
Baths: 3 Full & 1 Half
Garage: No
Year Built: 1920
Acres: 0.06
Property Tax: $6,872
Description
This 4-story Mixed-use Building Offers Incredible Potential For Investors And Visionary Buyers Alike. Located On A High-visibility, High-traffic Street Just Minutes From Downtown Newark And Major Landmarks Like The Prudential Center, Njpac, And Municipal Buildings, The Property Presents A Canvas Ready For Transformation.the Building Features Three Residential Units Above, Each With Two Bedrooms And One Full Bath, Plus A Former Barbershop On The Ground Floor Perfect For A Commercial Storefront Or Office Space. All Units Require Upgrades And Renovation, Giving New Ownership The Chance To Reimagine And Reposition The Property For Today's Market.delivered Completely Vacant At Closing, This Property Offers Flexibility And The Opportunity To Achieve Strong Market Rents After Renovation. Whether You're Looking To Build A Rental Portfolio, Operate Your Own Business, Or Both This Is The One To See. Rents Noted Are Suggested Amounts.
General Info
Style:
Fourplex, See Remarks
SqFt Building:
n/a
Total Rooms:
17
Basement:
Yes - Unfinished
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Brick
Lot Size:
27.7X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
2
Room Description:
Rec Room, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,SmokeDet
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Utilities
Heating:
4+ Units
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
Garbage Included
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$699,000
Tax Amount:
$6,872
Land Assessment:
$55,000
Build. Assessment:
$125,700
Total Assessment:
$180,700
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3968168
List Date:
06-09-2025
Days On Market:
4
Listing Broker:
BHHS FOX & ROACH
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com
