Investor Special: High-Yield Renovation Opportunity in Newark! Attention investors and handy buyers! Unlock immense equity and cash flow potential with this classic six-room, three-bedroom, one-bathroom Colonial situated on a 25 x 100 lot. If you are looking for your next great income producer or a rewarding flip project, this property… Read More is priced perfectly for an investor or a handy person using cash or renovation financing. The home features incredibly low carrying costs with property taxes under $1,100 yearly, maximizing your bottom line and future rental yields. Please note that the property requires substantial repairs and a total renovation, providing the perfect blank canvas to build it out exactly to your standards in a highly active sub-market with robust buyer demand.The property is currently vacant, boarded safe, and easy to show. Investment opportunities with carrying costs this low do not last long in this competitive market, so bring your contractor, bring your vision, and act now before it's gone! Read Less
Courtesy of AMERICAN REALTY SERVICES GROUP.
Listing Snapshot
Last Updated
Property Type
Single Family Residence
Beds
3
Lot Size
0.06 Acres
Year Built
1906
MLS Number
4041611
30 Days Snapshot Of 07103
$346k
+4%
(avg) sold price
8
+33%
homes sold
Snapshot
Area Map
Additional Details
Appliances & Equipment
See Remarks
Basement
Unfinished, Yes
Building
Built in 1906, Colonial
Community
No
Cooling
None
Exterior Features
See Remarks
Water Features
Public Water
Heating
Gas-Natural, Radiators - Steam
Kitchen
See Remarks
Lot
Approximate Lot Size: 25X100, 0.06 acres
Parking
None
Property
FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $1,047, Tax Rate: 3.999
Utilities
Gas-Natural
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kellyarthurrealestate.com
August 15, 2026
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ADHD Friendly Mode: this mode helps users with ADHD and Neurodevelopmental disorders to read, browse, and focus on the main website elements more easily while significantly reducing distractions.
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