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$ 548,900
Est. payment | /mo
5 Beds
4 Baths
2,613 Sqft Lot
$ 548,900
Est. payment | /mo
5 Beds
4 Baths
2,613 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3951697
Style 3-Three Story
Bedrooms 5
Full Baths 4
Annual Tax Amount $4,316
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
Welcome to 176 Parker St, a charming and well-maintained 2-family home in the highly sought-after North Newark neighborhood, just steps from scenic Branch Brook Park with its sports fields, trails, and tranquil green spaces.Fully renovated in 2020, this property features two spacious units, perfect for owner-occupants or investors. The larger 2nd unit is vacant and move-in ready, offering 3 bedrooms and 2 bathrooms, including a master suite with an ensuite bath. The modern kitchen boasts stainless steel appliances, including a stove, dishwasher, microwave, and refrigerator.The 1st unit includes 2 bedrooms and 2 full bathrooms, with a master suite featuring its own ensuite bath. This unit is tenant-occupied on a month-to-month lease at $1,725, providing reliable rental income. Both units offer central air conditioning and forced heat for year-round comfort.Additional highlights include a generous backyard for outdoor enjoyment and easy access to schools, shopping, and public transportation.Financing Perks: This home qualifies for the Community Loan Program, featuring a super-low interest rate of 5.75% or 5.875% with just 5% down (CONV, NO PMI) and a 1% lender credit towards closing costs. Plus, you may be eligible for up to $30K in down payment assistance!Don't miss this rare opportunity in North Newark!
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features On-Street Parking
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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