NJ > Newark City
Newark City, NJ 07108,83 Magnolia St
Newark City, NJ 07108,83 Magnolia St
Newark City, NJ 07108,83 Magnolia St
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Patrice Penda

Patrice Penda

+1(201) 907-2791
$309,900
Est. payment /mo
3 Beds
1.5 Baths
1,516 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,516 sqft

Price per Sqft $204

MLS Listing ID 3961789

Style Colonial

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1997

Annual Tax Amount $4,613

Tax Year 2024

Lot Size 2,613 Sqft

Property Sub-Type Single Family

Property Description

Investor Alert! This 28-year-old single-family townhouse is a rare opportunity. It generates $18,720 in annual rental income and has had a reliable tenant in place since 2018. Offering 1,500 sq ft of living space, this home features 3 bedrooms, 1.5 bathrooms, a 1-car garage, and a private driveway. Enjoy the comfort of central air and heat, a spacious backyard, and low annual taxes of just $4,613.Whether you're a seasoned investor or just getting started, this property is a solid addition to any portfolio. With stable cash flow and minimal upkeep, it's a no-brainer!

Location

State NJ

County Essex

Rooms

Basement Slab

Kitchen Eat-In Kitchen

Interior

Heating Gas-Natural

Cooling Central Air

Heat Source Gas-Natural

Exterior

Exterior Feature Composition Shingle, Vinyl Siding

Parking Features Attached Garage

Garage Spaces 1.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style Colonial

Schools

Elementary Schools Cleveland

Middle Schools Cleveland

High Schools Central

Others

Senior Community No

Ownership Fee Simple

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by AMERICAN REALTY SERVICES GROUP
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agent

Patrice Penda

+1(201) 907-2791

REALTOR® | License ID: 2187041

REALTOR® License ID: 2187041

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