40-42 Silver St, Newark, NJ

$599,900

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8

Beds

3

Baths

About 40-42 Silver St

This is a very rare find: a very large, VACANT 2 family home in the desirable Vailsburg section of Newark! The great layout, plenty of big windows, and tall ceilings are just some of the unique details of this home. Unit 1 includes living / dining room, renovated kitchen with new cabinets, appliances, and quartz countertop. The 2nd floor is a giant 2 floor duplex unit that includes not only the same expansive living / dining and kitchen layout as the first floor, but also offers 5 bedrooms and 2 full renovated baths. The basement is cleaned and painted and has multiple laundry hookups ready to go. Other updates include new plumbing, separate forced air heat, and new retaining wall on the side and front of property. This property has tremendous rental income potential due to it's large apartments and amenities like forced air heat and on site laundry, making it a great opportunity for both investor and owner occupant.

Features of 40-42 Silver St

MLS® # 24013868
Price $599,900
Bedrooms 8
Bathrooms 3.00
Full Baths 3
Type 2-4 Family
Sub-Type 2FAM
Style TOP/BTM
Status ACTIVE

Community Information

Address 40-42 Silver St
City Newark
County ESSEX
State NJ
Zip Code 07106

Amenities

Amenities NONE
Utilities SEP ELEC, SEP GAS, SEP HEAT
Features NONE
Garages DETACHED
View NONE
Is Waterfront Yes
Waterfront NONE
Has Pool No

Interior

Heating GAS, HOT AIR
Fireplace Yes
Fireplaces NONE
Has Basement Yes
Basement UNFINISHED

Exterior

Exterior VINYL
Lot Description REGULAR
Construction PRE 1900

Additional Information

Date Listed May 6th, 2024
Foreclosure No
RE / Bank Owned No

Listing Details

AgentSilvio Lavrador
OfficeRE/MAX SELECT - Montclair

Listing Map

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