56-58 Shaw Avenue Newark, NJ $ 499,999
56-58 Shaw Avenue
$ 499,999
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56-58 Shaw Avenue

Newark, NJ, 07112
$ 499,999
Bedrooms8 Baths5.0

Monthly Estimate*

$ 3,493

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Multi-Family Home for sale in Newark, NJ

for $499,999 with 8 bedrooms and 5 full baths. This home was built in 1900.

*Excellent Investment Opportunity* in this 3 Family home on a large corner lot in thriving Newark! Boasting 8 Bedrooms, 5 Full Baths, Full Basement and ample parking, bursting with possibilities! Great for passive income, rent out all units, or live in one and rent out the others! Almost 3000 sq feet of finished living all through, the first floor unit offers 2 Beds, 2 Full Baths, Living rm, Dining rm and Eat-in-Kitchen. The second level unit offers 3 Beds, 1 Full Bath, Living Rm and Eat-in-Kitchen. Finished third floor offers 3 Beds, 1 Full Bath, Kitchen and Living area. Full Basement with storage, laundry, utilities and additional Full Bath. Separate utilities, semi-private entrances, plenty of parking and more! All in a prime commuter location just steps to public transit, shopping, dining, schools, St. Peters Park, Newark Beth Israel Medical Center, and easy access to major roads. Don't wait! Opportunity is knocking! *Showings begin Saturday 4/27

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Multi-Family Active

Price

$ 499,999

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 6,478

Style

3 Family

Year Built

1900

Town/City

Newark

County/Region

Essex

MLS | Web ID

24012527

Features
Interior
Basement Full
Total Bedrooms 8
Fireplace None
Basement Description Full Unfinished Full Bath Utilities Laundry
Heating/Cooling Oil Radiators
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Exterior
Waterfront None
Flood Plain None
Substyle Top/Btm
Exterior Finish Vinyl
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General
Laundry Y/N Basement
Area 0714
Style 3 Family
Miscellaneous Hdwd As In Strms/Scrns
Garage None
Status ACTIVE
Utilities Sep Elec Sep Gas Sep Heat Sep Water
Rooms 16
Views/Exposure South
Year Built 1900-1939
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* Excluded Features

Affordability Calculator

$4,032
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,493
Monthly Property Taxes
$540
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
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THE TIME TO SELL IS NOW!
Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$499,999 Listed Price

Map


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56-58 Shaw Avenue, Newark, NJ, 07112 is a Multi-Family Home for sale at $499,999. 56-58 Shaw Avenue has 8 bedrooms, 5.0 baths, and was built in 1900. The property's zip code is 07112 which is in Newark, NJ