24 Montrose St
Newark City, NJ 07106
Price: $850,000
GSMLS: 4047030Type: Multi-Family
Style: 1-One Story, Duplex-Side by Side
Total Units: 4
Beds: 11
Baths: 5 Full & 5 Half
Garage: No
Year Built: 1910
Acres: 0.14
Property Tax: $12,392
Description
A DIAMOND IN THE ROUGH & A TRUE MONEY MAKER! Calling all investors! This legal 4-family home needs some TLC but offers an enormous amount of potential. The property features three 3-bedroom, 1-bath apartments, one 2-bedroom, 1-bath apartment, plus bonus space with a bedroom, bathroom, and kitchen.With multiple units, generous layouts, and excellent income-producing potential, this property is a great opportunity for the savvy investor looking to bring their vision to life and maximize value. A true diamond in the rough with plenty of upside! **Property being sold STRICTLY AS-IS. SELLER WILL NOT MAKE ANY REPAIRS. Buyer responsible for all inspections.
General Info
Style:
1-One Story, Duplex-Side by Side
SqFt Building:
n/a
Total Rooms:
22
Basement:
Yes - Full, Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Wood
Lot Size:
62.50X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width
Spaces Available:
6
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, 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
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
4+ Units
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
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:
$850,000
Tax Amount:
$12,392
Land Assessment:
$27,100
Build. Assessment:
$282,800
Total Assessment:
$309,900
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4047030
List Date:
08-14-2026
Days On Market:
2
Listing Broker:
KELLER WILLIAMS SPRING LAKE
Listing Agent:
Aziza Arnette
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
