115 Isabella Ave
Newark, NJ, 07106 $ 489,000
Bedrooms3 Baths0.0 Monthly Estimate*
$ 3,250
for $489,000 with 3 bedrooms. This home was built in 1915 on a lot size of 0.06.
BACK TO ACTIVE! BUYER FINANCING FELL THROUGH! THEIR LOSS, YOUR GAIN! Charming Multi-Family Home in Prime Newark Location Welcome to 115 Isabel Avenue, a newly renovated multi-unit property nestled in the heart of Newark, New Jersey. This exceptional property offers a unique blend of modern living and investment opportunity, perfect for both homeowners and savvy investors. Key Features: Newly Renovated: Each unit in this property has been thoughtfully updated with contemporary finishes and fixtures, ensuring a turn-key experience for the next owner. From the gleaming hardwood floors to the modern kitchens and bathrooms, every detail has been attended to with care and quality. Two Spacious Units: The property features two generously sized units, each offering ample living space, natural light, and comfort. The first unit provides a traditional layout, perfect for those seeking a blend of style and functionality. Exclusive In-Law Suite: The second-floor unit boasts an additional in-law suite, presenting a versatile space for extended family, guests, or potential rental income. This bonus suite includes entrance, kitchenette, and bathroom, offering privacy and convenience. Location Advantage: Situated in a desirable Newark neighborhood, 115 Isabel Avenue enjoys proximity to local amenities, schools, parks, and transportation links. This prime location enhances the property's appeal, providing both a peaceful residential setting and easy access to urban conveniences. Investment Potential: With two units plus an in-law suite, this property offers multiple rental income streams or the flexibility to live in one unit while renting the others. Its prime location and modern updates make it an attractive option for renters, ensuring a valuable addition to any investment portfolio. Don't miss the opportunity to own this beautifully renovated, multi-unit property in Newark, New Jersey. Whether you're looking for a comfortable home with additional rental income or a solid investment in a thriving area, 115 Isabel Avenue is ready to exceed your expectations. Schedule your visit today and discover the potential of this exceptional property!
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FeaturesInteriorHeating Fuel None
Hot Water None
Total Stories 3
Central Air Y/N N
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GeneralSewer Public Sewer
Heating None
Cooling None
Possession Settlement
Zoning BIDGCLAS
Pool Y/N No Pool
Architectural Style Traditional
Construction Materials Other
Year Built 1915
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Municipality NEWARK CITY
Accessibility 2+ Access Exits
County ESSEX
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status PENDING
Directions GPS takes you directly to the property.
City NEWARK
Buyer Agent Compensation 2
Total Units 2
MLS Area Newark City (20714)
Lot Size Square Feet 2709.00
Waterfront Y/N N
Street Name ISABELLA AVE
Tax Annual Amount 5668.0
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft 186.93
Acceptable Financing Cash Conventional FHA VA
Vacation Rental Y/N N
Days on Market 36
Standard Status Pending
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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ExteriorWater Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Size Acres 0.06
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Realty - Washington TownshipBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,250
- Monthly Property Taxes
- $472
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Newark, NJ
Average List Price $675,962
Percent of Sale Price 38%
About Newark, NJ 283,201 Population
4% Since 2002
$ 35,768 Median Income
34.98 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
4040991 Elementary School
4040987 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/23/2024 | $489,000 | | Listed Price |