125 -127 Sylvan Avenue, Newark NJ 07104

$1,080,000

125 -127 Sylvan Avenue, Newark, NJ 07104

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DEVELOPER'S DREAM: BRICK 3-FAMILY + BUILDABLE LOT - NORTH NEWARK Prime opportunity on 8,002 sq. ft. double lot near Belleville border! Well-maintained legal 3-family brick home with immediate rental income plus development potential. Features three 1-bedroom apartments (top floor duplex), open layouts, hardwood floors, and recent updates. Property includes rear deck, separate utilities (3 gas meters, 3 water heaters), single boiler, rear alley access, and parking. Development highlights: Attached vacant lot ideal for subdivision, prime location for new construction. Excellent rental market with strong appreciation potential. Location perks: Steps to Belleville, easy transportation access, shopping nearby. Don't miss this rare opportunity to acquire income property with tremendous upside!

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MLS number: 25004020

Listing agent: Sally Ponchak

Listing broker: Carnegie Real Estate Llc (201) 445-4300

Last update: Sunday, March 2 2025 at 10:29 p.m. EST

Kotohomes National