$309,900 - 83 Magnolia St, Newark City
- 3
- Bedrooms
- 2
- Baths
- 1,516
- SQ. Feet
- 0.06
- Acres
Investor Alert! This 28-year-old single-family townhouse is a rare opportunity. It generates $18,720 in annual rental income and has had a reliable tenant in place since 2018. Offering 1,500 sq ft of living space, this home features 3 bedrooms, 1.5 bathrooms, a 1-car garage, and a private driveway. Enjoy the comfort of central air and heat, a spacious backyard, and low annual taxes of just $4,613.Whether you're a seasoned investor or just getting started, this property is a solid addition to any portfolio. With stable cash flow and minimal upkeep, it's a no-brainer!
Essential Information
-
- MLS® #:
- 3961789
-
- Price:
- $309,900
-
- Bedrooms:
- 3
-
- Bathrooms:
- 2.00
-
- Full Baths:
- 1
-
- Half Baths:
- 1
-
- Square Footage:
- 1,516
-
- Acres:
- 0.06
-
- Year Built:
- 1997
-
- Type:
- Residential
-
- Sub-Type:
- Single Family
-
- Style:
- Colonial
-
- Status:
- Active
Community Information
-
- Address:
- 83 Magnolia St
-
- City:
- Newark City
-
- County:
- Essex
-
- State:
- NJ
-
- Zip Code:
- 07108-2012
Amenities
-
- Utilities:
- Gas-Natural
-
- Parking:
- 1 Car Width
-
- # of Garages:
- 1
-
- Garages:
- Attached Garage
Interior
-
- Appliances:
- See Remarks
-
- Heating:
- Gas-Natural
-
- Cooling:
- Central Air
Exterior
-
- Exterior:
- Composition Shingle, Vinyl Siding
-
- Roof:
- Asphalt Shingle
School Information
-
- Elementary:
- CLEVELAND
-
- Middle:
- CLEVELAND
-
- High:
- CENTRAL
Additional Information
-
- Date Listed:
- May 8th, 2025
-
- Days on Market:
- 1
Listing Details
- Listing Office:
- American Realty Services Group