31 Cedar Ave
Newark City, NJ 07106
11 beds | #3927291
Description
Welcome to 31 Cedar Ave, Newark, NJ, a recently renovated 3-family property located in the vibrant Upper Vailsburg neighborhood. This investment opportunity features two spacious 4-bedroom units and one 3-bedroom unit, currently vacant, offering flexibility for either immediate rental or Owner-occupancy. As an Owner occupant you can enjoy the long term gains while achieving equitable value. Why Rent when You Can own! Upper Vailsburg is a sought-after community with a blend of suburban charm and urban accessibility, appealing to new homebuyers and investors alike. Known for its beautiful Victorian and Dutch colonial-style homes, the area also boasts close proximity to key landmarks like Ivy Hill Park, a lush green space perfect for outdoor activities. Additionally, Upper Vailsburg provides convenient access to public transportation, major highways, and a short commute to New York City, making it ideal for tenants seeking both tranquility and convenience.The neighborhood's increasing home values and rental demand make this property a smart investment for wealth-builders focused on generating cash flow through multi-family properties. With nearby amenities including local shops, schools, and historic sites. 31 Cedar Ave is well-positioned to attract long-term renters and provides a solid return on investment.Don't miss this opportunity to own a turn-key, income-generating property in one of Newark's most promising neighborhoods! Bring All offers Today
Interior Details
- InteriorCarbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Heating & Cooling
- HeatingBaseboard - Hotwater, Radiant - Hot Water
- Heating SourceGas-Natural
Beds & Baths
- Bedrooms11
Property Details
- Exterior MaterialsVinyl Siding
- Exterior FeaturesSidewalk
Parking
- Parking FeaturesOn-Street Parking
Construction Details
- Basement DescriptionFull, Unfinished
- Property TypeMulti-Family
- BasementYes
Condition
- Year Built1915
Material information
- RoofAsphalt Shingle
Utilities / Energy Details
- Sewer InformationPublic Sewer
- WaterPublic Water
- Water HeaterGas
Other
- MLS #3927291
Location
Legal
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State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as
IDX Listing. Information deemed reliable but not guaranteed. The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
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Last Updated: . Source: GSMLS
Listing Courtesy
Listing Agent: ANDRE LOGAN (#393866), Phone: (856) 206-0413
Listing Office: VYLLA HOME (#4036)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.