by RHP Realty

Check Availability
$499,999
Multifamily - For Sale

56 Shaw Avenue

Newark, NJ 07112
bedrooms
Studio
bathrooms
0 Bath
$2,995
Estimated Monthly
$0
HOA / Fees
3.26%
Cap Rate

About This Property

*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
Unit Size
-
Days on Market
12 days
Land Size
0.10 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$540
HOA Dues
-
Year Built
-

Listed By

Last updated: 6 days ago (CJMLS #2411030R)

Price History

Date / Event Date Event Price
Apr 25, 2024 Listed by RE/MAX 1st ADVANTAGE $499,999
Listed by RE/MAX 1st ADVANTAGE

Property Highlights

Parking Details
Parking Features: 4(+)Car Parking, Paved
Interior Details

Interior Information

Interior 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)
Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven), Unit 3(Range/Oven)

Room Information

Rooms: 16

Basement Information

Basement: Full, Bath Full, Storage Space, Interior Entry, Utility Room, Laundry Facilities

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$499,000 Nov 30, -0001
$480,000 Jan 23, 2023
-
Multifamily
Stu
-
-
$485,000 Nov 30, -0001
$515,000 Apr 21, 2023
-
Multifamily
Stu
-
-
$479,000 Nov 30, -0001
$479,000 May 25, 2022
-
Multifamily
Stu
-
-
$525,000 Nov 30, -0001
$520,000 Mar 31, 2022
-
Multifamily
Stu
-
-
$450,000 Nov 30, -0001
$485,000 Apr 11, 2022
-
Multifamily
Stu
-
-
$449,000 Nov 30, -0001
$410,000 Jun 16, 2022
-
Multifamily
8 Beds
-
-
$499,999 Apr 25, 2024
-
-
Multifamily
6 Beds
3 Baths
-
$499,999 Jun 16, 2023
-
$630/mo
Multifamily
8 Beds
5 Baths
-
$499,999 Apr 25, 2024
-
$540/mo
Multifamily
5 Beds
3 Baths
-
$499,999 Feb 29, 2024
-
$492/mo
Multifamily
7 Beds
3 Baths
-
$499,000 Aug 13, 2022
-
$533/mo
Multifamily
5 Beds
3 Baths
-
$499,999 Apr 19, 2024
-
$492/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

56 Shaw Avenue 56 Shaw Avenue, Newark, NJ 07112
  • 1 Unit for Sale
More about this Building
56 Shaw Avenue
Want to find out who owns 56 Shaw Avenue, Newark, NJ 07112? Get detailed property transactions here .

About Weequahic


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