696 Dr Martin Luther King J new

Newark City,NJ 07102

$ 1100000

9 Beds

6.5 Baths

5077 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,077 sqft

Price per Sqft $216

MLS Listing ID 3992367

Style 3-Three Story

Bedrooms 9

Full Baths 6

Half Baths 1

Year Built 2025

Annual Tax Amount $8,146

Tax Year 2024

Lot Size 5,662 Sqft

Property Description

Perfect Investment Opportunity Between Two Historic Gems!This beautifully renovated rooming house, now transformed into a three-family home, offers endless potential and strong income possibilities. All units have central heating/cooling and stackable washer and dryer space. First Floor & Basement: The first-floor unit enjoys private access to the basement, featuring two bedrooms, a full bath, and a sitting room downstairs. The main level adds two additional bedrooms, a full bath, and a half bath, creating a spacious, versatile living area. Second Floor: Includes three bedrooms and two bathrooms, offering ample comfort and functionality. Third Floor: Boasts two bedrooms and two bathrooms, filled with charm and character. Large windows flood the home with natural light, complemented by original stained glass accents that nod to the property's history and craftsmanship. Step outside to a massive backyard a rare find with plenty of room for entertaining, gardening, or future development opportunities.Don't miss this rare investment gem blending modern updates with timeless character in a sought-after historic neighborhood.

Location

State NJ

County Essex

Rooms

Basement Finished

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector, Wood Floors

Heating Gas-Natural

Cooling Central Air

Heat Source Gas-Natural

Exterior

Exterior Feature Stucco

Utilities Available All Underground

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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