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153 Stuyvesant Ave

Newark City, NJ 07106
  • $850,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 3795876
UPDATED: 218 min ago
$850,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Developer and investor alert! A rare, unique opportunity has presented itself with this property that sits on a huge lot, zoned R2 at almost 14,000 square feet. Perfect opportunity to develop the level lot that is behind the current garage structure and build up to 3 multi-family houses behind the existing house which was just renovated on the interior. The renovated house has new windows, plumbing, heating and electricity along with brand new appliances, granite countertops, smart home control and cameras. The renovations are meticulously done and would make a great property for a homebuyer or an investor looking to rent it out for monthly cash flow. There is plenty of room for parking with up to at least 20 spaces and the parking lot is perfectly situated if you were to build new houses in the back or possibly an apartment building. Currently the taxes are low at just under 5k. After visiting the house, be sure to walk to the back of the property and explore the vacant land which will give you the opportunity to see how big it really is back there and you will be able to visualize your future development project in the ever developing city of Newark. This property is close to Springfield Avenue, public transportation, downtown Newark, dining and shopping as well as just a few minute car ride to Newark airport. Don't let this opportunity pass, come take a look!

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX RoNIN | RE/MAX Real Estate Limited. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than RE/MAX RoNIN | RE/MAX Real Estate Limited are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-07T23:46:04.32.
www.remax-ronin-ny.com/homes/130869751
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153 Stuyvesant Ave Newark City, NJ 07106

  • Price: $850,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 218 min ago
  • MLS #: 3795876
0
Beds
0
Baths
0
½ Baths
0.32
Acres
Neighborhood:
Lower Vailsburg
County:
Essex
Area:
Newark City
Elementary School:
Lincoln
Middle School:
Vailsburg
High School:
Central
Property Description
Developer and investor alert! A rare, unique opportunity has presented itself with this property that sits on a huge lot, zoned R2 at almost 14,000 square feet. Perfect opportunity to develop the level lot that is behind the current garage structure and build up to 3 multi-family houses behind the existing house which was just renovated on the interior. The renovated house has new windows, plumbing, heating and electricity along with brand new appliances, granite countertops, smart home control and cameras. The renovations are meticulously done and would make a great property for a homebuyer or an investor looking to rent it out for monthly cash flow. There is plenty of room for parking with up to at least 20 spaces and the parking lot is perfectly situated if you were to build new houses in the back or possibly an apartment building. Currently the taxes are low at just under 5k. After visiting the house, be sure to walk to the back of the property and explore the vacant land which will give you the opportunity to see how big it really is back there and you will be able to visualize your future development project in the ever developing city of Newark. This property is close to Springfield Avenue, public transportation, downtown Newark, dining and shopping as well as just a few minute car ride to Newark airport. Don't let this opportunity pass, come take a look!
Exterior Features

Approximate Lot Size 81.11X170 Land Improvements Utilities On Property Location See Remarks Lot Description Possible Subdivision Road Frontage Description Town Street Road Surface Description Blacktop/Asphalt Road Site Particulars Cleared Land - Part Topography Level Type Of Trees No Trees

Property Features

Assessment Total 133600 Building Assessment 105800 Buildings Included Residence Currently Used For Residential Development Restrictions Unknown Development Status Subdivision Needed - Buyer`S Exp.Variance - Buyer To Secure Documents Available See Remarks Easement No Farm Assessment No Fha Age Restricted No Land Assessment 27800 Miscellaneous Info See Remarks Percolation Test Unknown Or Untested Sewer Info Public Sewer On Property Soil Type See Remarks Survey No Tax Amount 5076 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2021 Utilities Info ElectricGas Water Info Public Water On Property Zoned Info Residential 2 Family

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX RoNIN | RE/MAX Real Estate Limited. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than RE/MAX RoNIN | RE/MAX Real Estate Limited are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-07T23:46:04.32.
 
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