NJ
Essex
Newark City
07106
316 Ellery Ave
316 Ellery Ave, Newark City, NJ 07106
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Listing Type
Multi Family
Listing Status
Pending
35
$750,000

Home Details for 316 Ellery Ave

Price
$750,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
5
Full Bathrooms
4
Half Bathrooms
1
Year built
1952
Lot size acres
0.11
County
Essex
Total rooms
16
Basement
Full
Days on site
45
MLS Listing#
4020415
Property Description

Welcome to this EXTREMELY RARE FOUR FAMILY investment opportunity in Newark's sought-after Vailsburg section this four-family fixer-upper offers exceptional potential, solid structure, and an unbeatable location just minutes from Seton Hall University. Perfect for investors, owner-occupants, or anyone looking to add value through renovation. This multi-family home sits on a quiet residential block with classic Newark character. With the right vision, it can be transformed into a high-performing income property. The parking availability alone sets it apart rare for the area and highly desirable for tenants. Its proximity to Seton Hall and South Orange adds consistent rental demand and long-term stability. 203k loans and hard money loans are welcome!

Property Features
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • Shared Driveway
  • Basement
    • Full
Listing Courtesy: BHGRE ELITE - 908-316-8530
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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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