40 SILVER ST
NEWARK CITY, NJ 07106

$599,900

8 Beds

3 Baths

3,000 Sq Ft

Status Active

MLS# 3900098

This is a very rare find: a very large, VACANT 2 family home in the desirable Vailsburg section of Newark! The great layout, plenty of big windows, and tall ceilings are just some of the unique details of this home. Unit 1 includes living / dining room, renovated kitchen with new cabinets, appliances, and quartz countertop. The 2nd floor is a giant 2 floor duplex unit that includes not only the same expansive living / dining and kitchen layout as the first floor, but also offers 5 bedrooms and 2 full renovated baths. The basement is cleaned and painted and has multiple laundry hookups ready to go. Other updates include new plumbing, separate forced air heat, and new retaining wall on the side and front of property. This property has tremendous rental income potential due to it's large apartments and amenities like forced air heat and on site laundry, making it a great opportunity for both investor and owner occupant.

Details for 40 SILVER ST

Built in 1925

$200 / Sq Ft

0 parking spaces

None

2 Units, Forced Hot Air

17 Days on website

0.04 acres lot

Interior

Bathrooms Full

Bathrooms Total

Bedrooms Total

Living Area

3,000 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1925

Exterior And Lot

Lot Size Acres

0.04

Lot Size Square Feet

1742

Parking Features

1 Car Width

Utilities

Cooling

None

Heating

2 Units, Forced Hot Air

Area And Schools

City

Newark City

County Or Parish

Essex

Financial Info

Tax Annual Amount

$5,271.00

Tax Year

2023

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office

RE/MAX SELECT, 973-739-8008

Updated

3:59am UTC- 5/23/2024

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