This well-maintained multi-family property in Newark offers three spacious units, each featuring 3 bedrooms and 3 full bathrooms. Each unit includes modern kitchens with open living areas and stylish finishes. Conveniently located near public transportation, shopping, and dining, this property promises strong rental income potential. Minimal maintenance required and a prime location. This potential income property presents a rare opportunity to acquire a well-maintained, high-demand rental asset in one of Newark's most desirable areas. Don't miss out on this chance to expand your investment portfolio with a property that combines modern living with strong income potential.
Property Details
Property Features
Property Information:
Architectural Style: 3-Three Story
Listing Office:
Office Name: EXP REALTY, LLC
Office Phone: (866) 201-6210
Interior Features
Interior Information:
Appliances: Refrigerator
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 6
Total Bedroom Count: 9
Exterior Features
Parking Information:
Parking: On-Street Parking, See Remarks
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Central Air
School Info
Assigned Schools Information:
Malcom X Shabazz High School, Public District Grades 9-12
Central High School, Public District Grades 9-12
Weequahic High School, Public District Grades 9-12
Belmont Runyon Elementary School, Public District Grades PK-8
Other
Directions Information:
Directions: W Runyon St & Chadwick Ave
Price Information
Listing Price Info
Price Summary:
List Price: $799,000
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Housing Market Comparison
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The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 9/20/2024, 10:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Belmont Runyon Elementary School
1 Belmont Ruyon Way
Distance between this listing and this school0.37 miles
Public District Grades PK-8
High School
1
/10
Malcom X Shabazz High School
80 Johnson Ave
Distance between this listing and this school0.58 miles
Public District Grades 9-12
1
/10
Central High School
250 18th Ave
Distance between this listing and this school0.93 miles
Public District Grades 9-12
1
/10
Weequahic High School
279 Chancellor Ave
Distance between this listing and this school1.11 miles
Public District Grades 9-12
Assigned Schools
4
/10
Belmont Runyon Elementary School
1 Belmont Ruyon Way
Distance between this listing and this school0.37 miles
Public District Grades PK-8
Nearby Schools
3
/10
Dayton Street Elementary School
433 Peshine Ave
Distance between this listing and this school0.44 miles
Public District Grades PK-8
3
/10
Hawthorne Avenue Elementary School
428 Hawthorne Ave
Distance between this listing and this school0.49 miles
Public District Grades KG-8
Nearby Schools
1
/10
Eagle Academy
123 Muhammad Ali Ave
Distance between this listing and this school0.86 miles
Public District Grades 6-7
3
/10
Marion P. Thomas Charter School
370 S 7th St # 374
Distance between this listing and this school1.22 miles
Public Charter Grades PK-8
4
/10
Universiy Middle School
255 Myrtle Ave
Distance between this listing and this school1.54 miles
Public District Grades 6-8
Assigned Schools
1
/10
Malcom X Shabazz High School
80 Johnson Ave
Distance between this listing and this school0.58 miles
Public District Grades 9-12
1
/10
Central High School
250 18th Ave
Distance between this listing and this school0.93 miles
Public District Grades 9-12
1
/10
Weequahic High School
279 Chancellor Ave
Distance between this listing and this school1.11 miles
The neighbors living near this home have an average income of $24,189. The majority of Newark, NJ residents have income less than $35k annually. The most common type of family is single, with kids. Most residents in this area have high school diploma education.
This home is located at 225 Chadwick Ave in Newark City, NJ and zip code 07108 in the South Ward neighborhood. This home sits on a 0.07 acre lot. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 18, 2024 and is currently priced at $799,000.
In August 2024, from all listings sold in Newark, NJ there were more than 13 sold above asking price, over 11 sold below and more than 5 were sold right at the asked price. The number of listings in Newark, NJ increased by 22.2% between July 2024 and August 2024.
From Rocket Homes Real Estate and based on county public records data.