148 Dewey Street, Newark, NJ

$1,299,999

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9

Beds

8

Baths

About 148 Dewey Street

BRAND NEW CONSTRUCTION! Exceptional Investment Opportunity! This stunning 3-family with a bonus accessory structure offers unparalleled income potential with 9 bedrooms, 7.5 baths on an expansive 8,000 sq ft lot. BONUS: Separate accessory structure adds incredible versatility - transform into a private studio, home gym, office suite, or guest quarters for maximum income potential! Lower Level: 2 bedrooms, 1 bath, pantry, laundry room, complete with stainless steel appliances including dishwasher, oven, range, microwave, and stackable washer/dryer. Floors 2 & 3: Each boasts 3 bedrooms, 3 full baths, pantry, laundry room, and gourmet kitchens with islands and premium finishes throughout such as designer media walls, and master bedrooms with accent walls. Perfect for owner-occupancy - live in one unit and rent the others PLUS monetize the accessory building to maximize your investment returns. The separate structure provides endless possibilities: additional rental income, private retreat space, or premium amenities that command higher rents. Prime Weequahic location near Beth Israel & convenient access to parks, quality schools, and public transportation. This turnkey property combines modern luxury with smart financial planning and an unbeatable Newark location. Don't miss this unique opportunity to own a cash-flowing asset from day one! 5 Year Tax Abatement! Schedule your private showing today. Property will be done In November!!!

Features of 148 Dewey Street

MLS® # 25033894
Price $1,299,999
Bedrooms 9
Bathrooms 8.00
Full Baths 7
Half Baths 1
Type 2-4 Family
Status Active

Community Information

Address 148 Dewey Street
City Newark
County ESSEX
State NJ
Zip Code 07112

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed September 23rd, 2025
Foreclosure No
RE / Bank Owned No

Listing Map

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