$650,000

42 Seymour Ave, Newark City, NJ 07108

  • 9 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Beautiful 3-Family Home with Excellent Income PotentialThis spacious and well-maintained 3-family home features 3 bedrooms in each unit, plus a bonus room on the 2nd and 3rd floors. The property also includes a full finished basement with a full bath and additional rooms ideal for recreation, storage, or flexible use.Each floor offers a very spacious eat-in kitchen, complete with pantries and abundant closet space. Hardwood floors run throughout the home, adding warmth and character. The property is equipped with three furnaces, and the roof and gutters were replaced in July 2025. The basement is heated with electric baseboard heat.Conveniently located near NJT bus lines, Newark Beth Israel Hospital, and just 10 minutes from Newark International Airport, this home is ideal for both homeowners and investors.With strong rental potential, the property can generate close to $7,000 per month in rental income. It will be delivered with two units vacant, offering immediate flexibility for occupancy or rental. Owners are looking to close by April 31.

Listing Status:
Active
Data Last Updated:
February 15, 2026 at 6:40AM
Listing Office:
EXIT PLATINUM REALTY : 973-746-4777
MLS ID:
4009103
  • General: Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorTile FloorsWood Floors
  • Basement: FinishedFullWalkout
  • A/C: None
  • Heating: Baseboard - HotwaterGas-Natural
  • General: Vinyl Siding
  • Parking: Parking spaces: 0
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: On-Street Parking
  • Zoning: 1614-02657-0000-00037-0000-
  • Utilities: Gas In Street
  • Water: Public Water
  • Sewer: Public Sewer
  • Exclusions: Occupants belongings

This listing courtesy of EXIT PLATINUM REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

A

Avon Avenue Elementary School

219 Avon Ave, Newark, NJ, 07108

Grades KG-8

0.14 miles away

A

Avon Avenue Elementary School

219 Avon Ave, Newark, NJ, 07108

Grades KG-8

0.14 miles away

U

University High School

55 Clinton Pl, Newark, NJ, 07108

Grades 7-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby