56 Shaw Avenue
Newark, NJ, 07112 $ 499,999
Bedrooms8 Baths4.0 Sq 2,934 Monthly Estimate*
$ 3,493
for $499,999 with 8 bedrooms and 4 full baths. This 2,934 square foot home was built in 1927 on a lot size of 0.0967.
*Excellent Investment Opportunity* in this 3 Family home on a large corner lot in thriving Newark! Boasting 8 Bedrooms, 5 Full Baths, Full Basement and ample parking, bursting with possibilities! Great for passive income, rent out all units, or live in one and rent out the others! Almost 3000 sq feet of finished living all through, the first floor unit offers 2 Beds, 2 Full Baths, Living rm, Dining rm and Eat-in-Kitchen. The second level unit offers 3 Beds, 1 Full Bath, Living Rm and Eat-in-Kitchen. Finished third floor offers 3 Beds, 1 Full Bath, Kitchen and Living area. Full Basement with storage, laundry, utilities and additional Full Bath. Separate utilities, semi-private entrances, plenty of parking and more! All in a prime commuter location just steps to public transit, shopping, dining, schools, St. Peters Park, Newark Beth Israel Medical Center, and easy access to major roads. Don't wait! Opportunity is knocking! *Showings begin Saturday 4/27
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FeaturesGeneralInterior Features Unit 1(Dining Room 2 Bedrooms Kitchen Living Room 2+ Baths) Unit 2(Dining Room 3 Bedrooms Kitchen 1 Bath Living Room) Unit 3(3 Bedrooms Kitchen 1 Bath Living Room)
Sewer Public Sewer
Heating Radiators-Hot Water See Remarks
Cooling A/C Window Unit(s) Unit 1(A/C Unit)
Utilities Electricity Connected Natural Gas Connected
Roof Asphalt
Appliances Water Heater(Gas) Water Heater Unit 1(Range/Oven Refrigerator) Unit 2(Range/Oven) Unit 3(Range/Oven)
Exterior Features Curbs Porch(es) - Open Screen/Storm Window Door(s)-Storm/Screen Sidewalk Fencing/Wall Blinds Semi-Private Entry Porch Storage Area-Common Screens/Storms
Garage Spaces 0
Gas Y/N Oil
Patio/Porch Features Porch(es) - Open Porch
Year Built 1927
Stories 3
Property SubType 3 Family
Tax Year 2022
Percent Ownership Fee Simple
Community Features Curbs Sidewalks
County Essex
Property Type Residential Income
Subdivision Name Essex Park
Garage Y/N No
Total Rooms 16
Close Price 0
Status Active - Atty Revu
City Newark
Lot Size Square Feet 4212
Carport Spaces 0
Carport Y/N No
Street Name Shaw
Tax Annual Amount 6478
Days on Market 8
Standard Status Active
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InteriorBasement Full Bath Full Storage Space Interior Entry Utility Room Laundry Facilities
Total Stories 3
Heating Y/N Yes
Window Features Screen/Storm Window Blinds Screens/Storms
Full Baths 0
Half Baths 0
Street Suffix Avenue
Total Bedrooms 0
Total Baths 0
Living Area Units Square Feet
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ExteriorFencing Fencing/Wall
Parking Features 4(+)Car Parking Paved
Lot Features Near Shopping Cul-De-Sac Level Near Public Transit
Water Source Public
Lot Size Area 0.0967
Building Area Total 2934
Lot Dimensions 100.00 x 0.00
Lot Size Acres 0.0967
Covered Spaces 0
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList ByROBERT DEKANSKIListing Agent
Re/Max 1St AdvantageBroker
robertdekanski@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,493
- Monthly Property Taxes
- $540
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Newark, NJ
Average List Price $643,304
Percent of Sale Price 29%
About Newark, NJ 283,201 Population
4% Since 2002
$ 35,768 Median Income
34.98 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
392003 Elementary School
392100 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/25/2024 | $499,999 | | Listed Price |
56 Shaw Avenue, Newark, NJ, 07112 is a Multi-Family Home for sale at $499,999 with 2,934 sqft and a lot size of 0.0967. 56 Shaw Avenue has 8 bedrooms, 4.0 baths, and was built in 1927. The property's zip code is 07112 which is in Newark, NJ