38 Delancy St, Newark City, NJ 07105

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List Price
$959,000
Price Change
▼ $550 1784670307
Days on Market
193
Status
ACTIVE
MLS#
4016791
Bedrooms
9
Bathrooms
4.1
Full Baths
4
Half Baths
1
Lot Size (Acres)
0.06
Year Built
1900

Property Description

Income-producing, well-maintained property located in Newark's highly desirable Ironbound section. Fully rented and sold in "As Is condition, this unique investment opportunity features a front multi-family residence plus a separate rear single-family home, offering excellent flexibility for owner occupancy or additional rental income potential. The first-floor unit features 1 bedroom, a living room, an eat-in kitchen, and a full bath, plus an additional 4 rooms and a second full shower bath on the lower level. Additional highlights include central air conditioning, forced-hot-air heating, updated water heaters, and a laundry hookup. The second-floor unit offers 2 bedrooms, an eat-in kitchen, a full bath, laminate and ceramic flooring, updated plumbing, gas heat, window A/C units, and a newer water heater. Tenant pays for electricity and 40% of gas expenses. The rear single-family home features an open-concept living and dining area, modern kitchen with stainless steel appliances, half bath, 2 bedrooms, skylights, full bath, hardwood flooring, central A/C and heat, tankless water heater, and a covered outdoor area. Additional property features include a fenced yard, gated access, and a storage shed. Conveniently located near Newark Penn Station, major highways, Newark Liberty International Airport, restaurants, shopping, and Newark's business district.

Additional Information

Area
Newark City
Basement Desc
Finished, Walkout
Utilities
Electric, Gas-Natural
Taxes
$16,427
Exterior
Brick, Composition Shingle, Vinyl Siding
Lot Description
Level Lot
Water
Public Water
Basement
Yes
Cooling
2 Units, Window A/C(s)
Interior
Carbon Monoxide Detector, Fire Extinguisher, Skylight, Smoke Detector, Tile Floors, Wood Floors
Roof
Composition Shingle, Rubberized
Show Address
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of CENTURY 21 VENTURE REAL ESTATE, Contact: 201-306-5361

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