674-676 S 18th St, Newark City, NJ 07103

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.