🏠 Investor's Delight in Newark, NJ, ESSEX COUNTY - Double the Income, Double the Opportunity! 🌆

Financial Snapshot:

💰 Sale Price: $275k
📈 ARV: $400k
🔨 Repairs: $40K
📐 Sq Ft: 1,292
🏡 Lot Size: 3,393

City & County:

🌇 Newark, NJ 07104
Address:

🏡 68 Kearny Street
Property Details:

🛌 Bed/Bath: 3/2
📏 Square Footage: 1,200 sq ft
🏞️ Lot Size: 3,393 sq ft

Unique Selling Points:

💼 Cash or Creative Deal: Seize this opportunity with a CASH purchase at $290k.
🔒 Under Contract: Yes, this property is exclusively yours.
🏡 Owner Occupied: Will be delivered vacant for your vision.
🚗 6-Car Garage Workshop: Ready for conversion into an additional rental unit - DOUBLE your income!
📈 High Rents: Average $2,400 in an up-and-coming neighborhood.
🏡 R3 Zoning: Multi-family dwellings permitted, maximizing potential for profit.
📑 City Plans Approval: Submit plans to convert the garage without court variances.

Neighborhood & Upgrades:

🏗️ Up-and-Coming: Positioned in a neighborhood undergoing positive transformations.
🌃 City Upgrades: Newark is investing in the area, ensuring future property value appreciation.

VIDEO TOUR LINK: CLICK HERE

📸 Photos/Videos: [HomeJab Link]
💻 InvestorLift Link: [InvestorLift Link]

Comparables:
🏠 Sales Comps:

- 4 bd 2 ba 1387 sqft
151 Mt Prospect Ave, Newark City, NJ 07104-1910
Closed
: $489,000Sold on 11/13/23

-3 bd 4 ba 1500 sqft
225 Mt Pleasant Ave, Newark City, NJ 07104-3816
Closed
: $420,000Sold on 05/04/23

- 3 bd 2 ba 1412 sqft
83 Crane St, Newark City, NJ 07104-2542
Closed
: $400,500Sold on 11/08/23

🏡 Rental Comps:

-$2,300/ mo3 bd 2 ba
279 Mount Prospect Ave, Newark, NJ 07104
Townhouse for rent

-$2,300/ mo2 bd 1.5 ba
16 1/2 Hecker St, Newark, NJ 07103
Townhouse for rent

- $2,099/ mo3 bd 1 ba
150 Broad - Basement, UNIT 4, 150 Broad St, Newark, NJ 07104

- $2,150/mo3 bd1 ba-- sqft
77 2nd St FLOOR 1, Newark, NJ 07107

Don't Miss This Profitable Opportunity - Act Now! 🚀🏡💰
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