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466 Delavan Ave, Newark, NJ, 07107

4beds
2baths
1,986sqft
$499,000
$251price/sqft
$3,983/moest. monthly cost
$159,320/yrincome needed

About This Home

Solid 2-family home located in the desirable Upper Roseville section of Newark, offering strong income potential in one of the area's most active and in-demand neighborhoods. This property features a spacious 3-bedroom unit and a 1-bedroom unit, providing flexibility for both investors and owner-occupants.One of the standout features is the oversized private driveway with parking for up to 6 vehicles an extremely rare and valuable asset in Newark. The home also includes a full basement with excellent potential for additional living space, storage, or future improvements.While the interior is in average condition, the property offers solid fundamentals and presents a great opportunity to add value through updates and customization.Upper Roseville continues to attract strong buyer and rental demand due to its convenient location, proximity to major transportation, shopping, and easy access to NYC. This area is known for its consistent rental activity and long-term growth potential, making it an ideal choice for those looking to build equity and generate income.A unique opportunity to invest in a high-demand neighborhood with upside.

Getting Around

78
WalkingVery Walkable
70
TransitExcellent Transit
51
BikeBikeable

Schools

5/10
8/10
Technology High SchoolGrades 9-121.4 mi
1/10
Barringer High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1963

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

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

Features

  • Bedrooms,Kitchen,Living/Dining Room,Master Bedroom,See Remarks

Heating

  • Heating features: 1 Unit,See Remarks,Natural Gas

Interior Area

  • Total structure area: 1,986
  • Total interior livable area: 1,986 sqft

Property

Details

  • Parcel number: 1614006960000000630000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 37.6 x 75

Parking

  • Total spaces: 6
  • Parking features: 1 Car Width,Asphalt,See Remarks,None
  • Uncovered spaces: 6