$650,000
Active
15 Days Online
7 Beds5 Baths2,558 SQFT
Active

134 Palm St Newark City, 07106

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You now have an unbelievable chance to become the owner of this two-unit multi-family property! Spacious bedrooms, large living rooms and $4, 000/month in rental income are just a few of the highlights. When you walk into each unit you are greeted with a large living room area. Couple steps down and you walk into your open concept kitchen and dining room area. Down the hall you will walk past two generously sized bedrooms to enter the large master bedroom with an accompanying master bathroom. Not to mention this property is currently generating $4, 000/month in rental income from just one of the units! While still having room for an owner-occupant to move into the renovated second floor unit. Situated in a prime location, it is minutes from major highways like Garden State Parkway, I-78, Route 22 & I-280. This property is located 15 minutes from Newark Penn Station. While also being within 30 minutes from NYC! This property is ideal for both first time homebuyers looking to have tenants pay their mortgage and seasoned investors looking for a great return on investment. This multi-family qualifies for NJ's $22, 000 down payment assistance and No Money Down mortgage programs.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyEssex
  • Taxes$8,115
  • HOA/Condo/Coop Fees$0
  • Days on Site15 Days
  • MLS StatusActive
  • MLS ID Number3901411
  • Home Size Source N/A
  • Year Built2003
  • Lot Size0.06 Acres
  • Full Baths5
  • Partial BathsN/A

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General Features

  • Construction Aluminum Siding
  • Parking 1 Car Width
  • Sewer Public Sewer
  • Basement Finished
  • Acreage 0.06
  • Water Public
  • Property Sub Type Multi Family
  • Attached Garage No

Interior Features

  • Cooling Central Air
  • Heating Heat Source: ElectricHeating Type: 2 Units

Exterior Features

  • Roof Asphalt

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Monthly Payment (Est.)

$3,439
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