261 Lake St
Newark City, NJ 07104
Price: $575,000
GSMLS: 3977750Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 5
Baths: 2 Full
Garage: No
Year Built: 2012
Acres: 0.05
Property Tax: $3,396
Description
Discover An Exceptional Opportunity With This Well-kept 2-family Home, Perfectly Situated In Newark's Prestigious Forest Hill Neighborhood. This Versatile Property Caters To A Range Of Buyers, From Savvy Investors To Those Seeking Comfortable Owner-occupancy Or A Strategic House-hacking Situation. Enjoy The Tranquility Of The Surrounding Area, With Easy Access To The Lush Greenery Of Branch Brook Park, And A Private Backyard For Outdoor Enjoyment. This Property Presents An Outstanding Chance To Capitalize On A Prime Location And A Home That Is Ready For Many Different Living Situations
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
10
Basement:
Yes - Finished-Partially
Interior:
Carbon Monoxide Detector, High Ceilings
Roof:
Asphalt Shingle
Exterior:
Brick
Lot Size:
20.4X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Living/Dining Room, Pantry, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Living/Dining Room, Pantry, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Baseboard - Electric
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
See Remarks
Services:
n/a
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:
$575,000
Tax Amount:
$3,396
Land Assessment:
$20,000
Build. Assessment:
$69,300
Total Assessment:
$89,300
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3977750
List Date:
07-26-2025
Days On Market:
0
Listing Broker:
WEICHERT REALTORS
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
