NJ
Essex
Newark City
07108
14-16 Hazel Pl
14-16 Hazel Pl, Newark City, NJ 07108
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Listing Type
Multi Family
Listing Status
Active
10
$898,000

Home Details for 14-16 Hazel Pl

Price
$898,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
4
Year built
1922
Lot size acres
0.13
County
Essex
Total rooms
12
Basement
Finished
Days on site
86
MLS Listing#
4012834
Property Description

Fully renovated 4-family income-producing property for sale at 14-16 Hazel Pl in Newark, NJ, located in a high-demand Essex County rental market. This turnkey multi-family investment features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide efficiency and added value for investors.Strong rental income potential with current rents offering upside for future growth, making this an ideal value-add opportunity with long-term appreciation. The property also includes a large, clean, finished basement providing additional usable space for storage or common area use.Conveniently located near NJ Transit bus lines, Newark Penn Station, major highways, shopping, and local amenities with easy access to New York City commuter routes. A rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in the Newark NJ housing market.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Parking
    • Concrete
    • Off Street
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Basement
    • Finished
Listing Courtesy: RE/MAX PROFESSIONALS I - 973-450-4000
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Market statistics compiled from data from Garden State MLS.
EXIT REALTY LUCKY ASSOCIATES
290 Ferry St., Newark, NJ 07105
Office
973 817 7700
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