113 Elizabeth Ave, Newark City, NJ 07108
- 6 beds |
- 3 baths
Multi-Family Home
Built in 1920
2,614sqft lot
—— car garage
$——/sqft
Listed 1 month ago
Property Description
This 4-story mixed-use building offers incredible potential for investors and visionary buyers alike. Located on a high-visibility, high-traffic street just minutes from downtown Newark and major landmarks like the Prudential Center, NJPAC, and municipal buildings, the property presents a canvas ready for transformation.The building features three residential units above, each with two bedrooms and one full bath, plus a former barbershop on the ground floor perfect for a commercial storefront or office space. All units require upgrades and renovation, giving new ownership the chance to reimagine and reposition the property for today's market.Delivered completely vacant at closing, this property offers flexibility and the opportunity to achieve strong market rents after renovation. Whether you're looking to build a rental portfolio, operate your own business, or both this is the one to see. Rents noted are suggested amounts.
- Listing Status:
- Active
- Date Added:
- June 11, 2025 at 12:00AM
- Listing Office:
- BHHS FOX & ROACH : 973-744-5544
- MLS ID:
- 3968168
- General: Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorWood Floors
- Basement: Unfinished
- A/C: None
- Heating: 4+ UnitsGas-Natural
This listing courtesy of BHHS FOX & ROACH
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Miller Street Elementary School
, Newark, NJ, 07114
Grades PK-8
0.28 miles away
Miller Street Elementary School
, Newark, NJ, 07114
Grades PK-8
0.28 miles away
Malcom X Shabazz High School
80 Johnson Ave, Newark, NJ, 07108
Grades 9-12
0.13 miles away