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3795877 | 153 Stuyvesant Ave

153 Stuyvesant Ave, Newark NJ 07106-2509
$850,000

Description

Developer and investor alert! A rare, unique opportunity has presented itself with this property that sits on a huge lot, zoned R2 at almost 14,000 square feet. Perfect opportunity to develop the level lot that is behind the current garage structure and build up to 3 multi-family houses behind the existing house which was just renovated on the interior. The renovated house has new windows, plumbing, heating and electricity along with brand new appliances, granite countertops, smart home control and cameras. The renovations are meticulously done and would make a great property for a homebuyer or an investor looking to rent it out for monthly cash flow. There is plenty of room for parking with up to at least 20 spaces and the parking lot is perfectly situated if you were to build new houses in the back or possibly an apartment building. Currently the taxes are low at just under 5k. After visiting the house, be sure to walk to the back of the property and explore the vacant land which will give you the opportunity to see how big it really is back there and you will be able to visualize your future development project in the ever developing city of Newark. This property is close to Springfield Avenue, public transportation, downtown Newark, dining and shopping as well as just a few minute car ride to Newark airport. Don’t let this opportunity pass, come take a look!

  • Address: 153 Stuyvesant Ave
  • City: Newark
  • State/county: NJ
  • Zip/Postal Code: 07106-2509
  • Neighborhood: Lower Vailsburg
  • Country: United States

Detail

Updated on August 14, 2022 at 2:08 am

  • Property ID: 3795877
  • Price: $850,000
  • Property Size: 0.32 Acres
  • Bedrooms: 4
  • Bathrooms: 2 / 0
  • Garage: 2
  • Garage Size: Detached Garage, On Site, Oversize Garage
  • Year Built: 1922
  • Property Type: Colonial
  • Property Status: For Sale

Additional details

  • Appliances: Carbon Monoxide Detector, Dryer, Range/Oven-Gas, Refrigeratorerator, Washer
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Jetted Tub, Security System, Shades, Smoke Detector, Stall Shower, StallTub
  • Exterior Features: Curbs, Metal Fence, Sidewalk
  • SqFt (approx):
  • Exterior: Vinyl Siding
  • Roof: Asphalt Shingle
  • Cooling: Window A/C(s)
  • Heating: Radiators - Steam
  • HeatingSource: Gas-Natural
  • Total Rooms: 10
  • Living Room Dimensions:
  • Dining Room Dimensions:
  • Kitchen Dimensions:
  • Bedroom 1 Dimensions:
  • Bedroom 2 Dimensions:
  • Bedroom 3 Dimensions:
  • Bedroom 4 Dimensions:
  • Den Dimensions:
  • Family Room Dimensions:
  • Basement: Unfinisheded
  • Utilities: Gas-Natural
  • Services: Cable TV Available
  • Lot Dimensions: 81.11X170
  • Lot Description: Level Lot
  • Renovated Yr: 2022
  • Grade School: LINCOLN
  • Middle School:
  • High School: CENTRAL

Contact info

Menza Realty
Menza Realty
(973) 926-2400

Enquire about this property

    WalkScore

    walkscore66 / Somewhat Walkable more details here

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