58-60 Finlay, Newark City, NJ
$ 539,000
Property Attributes
  • MLS#3845614
  • TypeMulti-Family
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07106
  • Style2-Two Story
  • Year Built1955
  • Taxes$ 5317
  • Price$ 539,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size5,227 SqFt
Data Source:
Garden State MLS (GSMLS)
Property Description

Newly renovated two-family home with five bedrooms, three bathrooms off street parking and garage. This is a prime location and is seconds away from South Orange, Seton Hall University, Meadowland Park in South Orange, and the VA hospital. This property offers versatility, ample living space, and generous rental income potential gross income of approximately $6000 -6500 per +/- month. Each unit's living room provides a comfortable area for relaxation and entertainment. With recessed lighting and large windows, natural light fills the rooms, creating a bright and airy atmosphere. Both units feature well-appointed kitchens equipped with modern appliances, ample cabinet storage, and generous countertop space to meet all your needs. Each unit offers three bedrooms and one bathroom, ensuring privacy and comfort for all occupants. The bedrooms are spacious and can accommodate various furniture arrangements to suit your preferences. The bathrooms showcase stylish designs with sleek black matte finishes. Additionally the basement will be finished with two additional rooms to provide additional recreational space and laundry hookups for both units. Step into the backyard, a private oasis where you can enjoy the fresh air and create beautiful memories. The home is currently being staged and new pictures will be uploaded shortly. Close to all modes and transportation and easy commute to New York. The LA has an interest in the home & the owners hold an NJ real estate license.

Price History
5/25/2023 Listed $539,000

General Features

Architectural Style 2-Two Story
Basement Finished, Full, Walkout
Cooling None
Drive 1 Car Width, Driveway-Exclusive
Exclusions Staged Items
Exterior Features Metal Fence, Open Porch(es)
Farm Assessment No
Garage Attached Garage
Garage Spaces 1
Heating 1 Unit
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Open Parking Spaces 1
Roof Asphalt Shingle
Sewer Public Sewer
Status Active
Tax Annual Amount 5317
Total Units 2
Town # 1614
Township Newark City
Utilities Gas-Natural
Water Heater Gas
Zoning R2

Interior Features

Fuel Type Gas-Natural
Unit 1 Appl/equip Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Unit 1 Baths Total 2.0
Unit 1 Beds Total 3
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Eat-In Kitchen, Living Room, Porch, Storage
Unit 1 Rooms 5
Unit 2 Appl/equip Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 2 Handicap Modified No
Unit 2 Levels 1
Unit 2 Room Description Bedrooms, Kitchen, Living Room
Unit 2 Rooms 4

Exterior Features

Exterior Description Brick
Lot Dimensions 50X100
Lot Features Level Lot
Water Source Public Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07106

AVG $540K
AVG $5,414
AVG 78
Year Built
AVG 1925
AVG 73
Data Provided by Walkscore ® not using MLS data

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