36
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$750,000
Est. payment /mo
8 Beds
4.5 Baths
4,791 Sqft Lot
New
316 Ellery Ave Newark City, NJ 07106
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4020415
Style Fourplex
Bedrooms 8
Full Baths 4
Half Baths 1
Year Built 1952
Annual Tax Amount $10,133
Tax Year 2025
Lot Size 4,791 Sqft
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!
Location
State NJ
County Essex
Rooms
Basement Full
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Wood
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style Fourplex
Others
Senior Community No
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