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697 1/2 N 5Th St, Newark, NJ, 07107

4beds
2baths
0sqft
$550,000
--price/sqft
$4,343/moest. monthly cost
$173,720/yrincome needed

About This Home

Opportunity awaits with this well-located two-family property in Newark's desirable North Ward. Conveniently situated near public transportation, major highways, schools, shopping, dining, houses of worship, and the renowned Branch Brook Park. This income-producing property offers separate living spaces, making it ideal for investors or owner-occupants seeking rental income. Features include an oversized basement providing ample storage and potential for additional use, subject to local regulations. Enjoy easy access to recreation, commuter routes, and neighborhood amenities. A fantastic opportunity to add value and build long-term wealth in a strong rental market.

Getting Around

81
WalkingVery Walkable
71
TransitExcellent Transit
44
BikeSomewhat Bikeable

Schools

5/10
8/10
Technology High SchoolGrades 9-121.2 mi
1/10
Barringer High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1962

Materials

  • Roof: Flat
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas

Basement

  • Has basement: Yes
  • Basement: Yes,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Kitchen,Living/Dining Room

Heating & Cooling

  • Heating features: 1 Unit,Baseboard - Hotwater,Natural Gas
  • Cooling features: See Remarks

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1614006630000000490000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 1,742 sqft
  • Lot size dimensions: 16.10 x 100

Parking

  • Total spaces: 2
  • Parking features: 2 Car Width
  • Uncovered spaces: 2