54 Voorhees StNewark, NJ 07108

Property Details for 54 Voorhees St

Property size (Sq ft)

2,495 SF

Property type

Residential income homes

Description

This exceptional multifamily property, located at 54 Voorhees St, Newark, NJ 07108, presents a compelling investment opportunity. The Class B building, situated on a 2,495 square foot lot, offers a total of 2,495 square feet of living space, divided into three units. Each unit boasts three bedrooms and two bathrooms, providing ample living space for residents. The property underwent renovations just five years ago, ensuring modern comforts for tenants. Central air conditioning is a key feature, enhancing the property's appeal and increasing rental potential. The asking price is $649,999, translating to $216,666.33 per unit and $260.52 per square foot. This two-story building is ideally located in Essex County, offering convenient access to local amenities. The property's versatility makes it suitable for both investment purposes, generating rental income, and multi-generational living arrangements. Its strong rental history and modern amenities make it an attractive option for investors seeking a stable and profitable investment in the Newark, New Jersey market. The property's APN is 0714_3081_28. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. Don't miss out

Location Insight

City

Newark

County

Essex

State

New Jersey

Latitude

40.7214

Longitude

-74.2172

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