Don't miss this spacious and well-maintained 2-family home, perfect for investors or owner-occupants looking for a property with great potential.

54-56 Cedar Ave, Newark City, NJ

$615,000

5 Beds

3 Baths

3 full

Don't miss this spacious and well-maintained 2-family home, perfect for investors or owner-occupants looking for a property with great potential. Each unit features 3 generously sized bedrooms and a large kitchen, offering plenty of space for comfortable living. The finished attic, connected to the 2nd-floor unit, provides additional living space, perfect for a home office, guest room, or recreation area. The finished basement adds even more versatility, making this home an excellent opportunity for extended living or rental income. This property also has the potential to be converted into a 3-family home, offering even greater investment opportunities. While some cosmetic updates are needed, the home is in great condition with strong bones, allowing buyers to add their personal touch. Additional features include a detached 1-car garage with a 1-car width driveway, providing ample parking and storage space. Conveniently located near shopping, dining, public transportation, and major highways, this home offers easy access to everything Newark has to offer.

Property Details

Property Type Residential Multi Family
Mls # 3949523
LotSize 0.09 acres
Property Subtype Other
Year Built 1930
Cooling Systems none
Exterior Types aluminum siding
Heating Fuels radiator,steam
Num Of Floors 0
Roof Types asphalt,shingle
Appliances Dryer, Oven - Gas, Range, Refrigerator

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