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$ 975,000
Est. payment /mo
Under Contract
678 S 18Th St Newark City, NJ 07103
9 Beds
6 Baths
5,003 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 5,003 sqft
Price per Sqft $194
MLS Listing ID 4019591
Style 3-Three Story
Bedrooms 9
Full Baths 6
Year Built 2026
Annual Tax Amount $3,927
Tax Year 2025
Lot Size 3,049 Sqft
Property Description
New construction: two attached 3-family homes currently under construction, with completion expected by June 1st. Each unit offers 3 bedrooms and 2 full bathrooms, featuring open-concept living and dining areas, hardwood flooring throughout, and ceramic-tiled bathrooms. Additional highlights include in-unit laundry hookups, walk-in closets in the primary bedrooms, and brand-new stainless steel appliances. The second-floor units feature private terraces, providing desirable outdoor outdoor space. The property will include separate utilities and presents strong rental income potential. Buyers will benefit from a 5-year tax abatement, helping to significantly reduce operating expenses. There may also be an opportunity for buyers to select finishes such as countertops, kitchen cabinets, and fixtures, depending on the stage of construction.Conveniently located near major highways, public transportation, and local amenities.
Location
State NJ
County Essex
Interior
Interior Features Carbon Monoxide Detector, Fire Alarm Sys, Smoke Detector, Walk-In Closet, Wood Floors
Heating Gas-Natural
Cooling 3 Units, Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Stone, Stucco, Vinyl Siding
Parking Features None
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No

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Listed by FLOROSTONE REALTY INC.
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