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$ 550,000
Est. payment /mo
New
197 Weequahic Ave Newark City, NJ 07112
6 Beds
2 Baths
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Weequahic
MLS Listing ID 4059048
Style 3-Three Story
Bedrooms 6
Full Baths 2
Year Built 1897
Annual Tax Amount $8,825
Tax Year 2025
Lot Size 6,098 Sqft
Property Description
Welcome to the classic Weequahic Section. Unmatched investment potential awaits in this prime corner lot two-famly home situated just one block away from the iconic Beth Israel Medical Center. Offering a fantastic opportunity for investors or savvy own occupant buyers looking to customize, the property features a unique two-level upper unit layout with abundant space and natural light coming through oversized bay windows. While the home requires cosmetic updates and TLC throughout to really shine its absolute best, its functional footprint, private driveway, huge wrap around porch, desirable corner positioning, and unbeatable proximity to local healthcare facilities, highway access, downtown Newark locations present a solid canvas for transformation. Schedule an appointment, bring your vision, contractor, or design ideas to unlock the full equity and rental income potential of this promising multi-family asset. Ask about special attractive financing rates to take advantage for this neighborhood.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Interior Features Wood Floors
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features None
Utilities Available Gas In Street
Roof Type Asphalt Shingle
Garage Yes
Building
Lot Description Corner
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by BHHS FOX & ROACH