58 11Th Ave, Newark City, NJ 07107

• 6 beds |
• 5 baths

Property Description

Spacious and income-producing two-family home located in Newark's desirable Fairmount neighborhood, offering an excellent opportunity for both owner-occupants and investors - ideal for buyers looking to offset their mortgage with rental income. This well-maintained property features two oversized units with a total of 6 bedrooms and 5 full bathrooms, plus a fully finished basement providing additional flexible living space. The first unit offers 3 bedrooms and 3 full bathrooms, including a finished lower level with bonus rooms and a separate entrance. The second unit features an expansive 3-bedroom, 2-bath layout with a finished attic, providing additional usable space. Additional highlights include hardwood, vinyl, and tile flooring throughout, laundry area and ample storage spaces, private balcony space, and separate utilities. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this versatile multi-family property offers space, functionality, and long-term value in a prime Newark location. Eligible buyers may qualify for down payment and closing cost assistance programs, enhancing overall affordability.

Listing Status:

Active

Data Last Updated:

May 10, 2026 at 6:40AM

Listing Office:

COMPASS NEW JERSEY LLC : 551-212-3870

MLS ID:

4026076

Interior

• Kitchen: See Remarks
• Appliances: Carbon Monoxide DetectorRange/Oven-GasRefrigerator
• Basement: FinishedFull
• A/C: Window A/C(s)
• Heating: Baseboard - HotwaterGas-Natural
• Fireplace: Fireplaces: 0

Exterior

• General: Vinyl Siding
• Style: Multi Floor Unit

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: On-Street Parking
• Zoning: 1614-01811-0000-00007-0000-

Utilities

• Utilities: Gas-Natural
• Water: Public Water
• Sewer: Public Sewer