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Ataullah Barnes

ataullah@rogprodigy.com +1(973) 277-2575

$849,000

Est. payment - /mo

8 Beds

3 Baths

3,001 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,001 sqft

Price per Sqft $282

MLS Listing ID 4026353

Style 3-Three Story, Triplex

Bedrooms 8

Full Baths 3

Year Built 2006

Annual Tax Amount $9,209

Tax Year 2025

Lot Size 3,049 Sqft

Property Description

Exceptional opportunity to own a newer construction 3-family property in Newark with strong income potential, spacious layouts, and rare parking flexibility. Built in 2006, this well-sized multi-family features one 2-bedroom apartment and two oversized 3-bedroom apartments, each offering separate living rooms, dining rooms, and in-unit laundry.What truly sets this property apart is the parking and future upside potential. In addition to the built-in 2-car garage, the property also features a massive 4-car-wide driveway in the rear, offering rare off-street parking capacity that is increasingly difficult to find in Newark. The oversized lot may also present future development possibilities for additional units and/or parking, subject to buyer verification and municipal approvals.Conveniently located just blocks from Route 280 and Route 21, this property offers excellent accessibility to major commuter routes, buses, and the Light Rail. Also located near Branch Brook Park, schools, shopping, restaurants, and entertainment including NJPAC.Ideal for investors or owner-occupants seeking a strong long-term hold opportunity with income, space, parking, and future potential all in one property. Property being sold strictly AS-IS. Buyer responsible for obtaining the Certificate of Occupancy and Smoke Certificate.

Location

State NJ

County Essex

Zoning RDV

Rooms

Basement Finished, Full, Walkout

Interior

Interior Features Blinds, Carbon Monoxide Detector, Fire Extinguisher, Security System, See Remarks, Smoke Detector, Walk-In Closet, Wood Floors

Heating Gas-Natural, See Remarks

Cooling Central Air, Multi-Zone Cooling, See Remarks

Heat Source Gas-Natural, See Remarks

Exterior

Exterior Feature Brick, See Remarks, Vinyl Siding

Parking Features Built-In Garage, Carport-Attached, Garage Door Opener, See Remarks

Garage Spaces 2.0

Utilities Available Electric, Gas-Natural, See Remarks

Roof Type Asphalt Shingle, See Remarks

Building

Lot Description Corner, Level Lot, Possible Subdivision

Sewer Public Sewer

Water Public Water, See Remarks

Architectural Style 3-Three Story, Triplex

Others

Senior Community No

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Listed by COLDWELL BANKER REALTY

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Ataullah Barnes

+1(973) 277-2575

Broker | License ID: 0454603

Broker License ID: 0454603

272-274 Orange St Newark City, NJ 07103

Ataullah Barnes

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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272-274 Orange St