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31 Cedar Ave, Newark City, NJ 07106

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For Sale
Sale Pending

$640,000

11 beds3 baths

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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
MLS# 3927291

Courtesy Of Atlantic & Pacific Real Estate (US) LLC

(877) 330-2773

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Oven - Gas, Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Baseboard, Hot Water, Hot Water Radiant Floor, Radiant
  • Lot Size
    0.08 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Dining Room

Map and Directions

Directions to 31 Cedar Ave, Newark City, NJ 07106
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Home seller CENTURY 21 Gemini LLC

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

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