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29 Cedar Ave

Newark City, NJ 07106
  • $689,999
  • STATUS: Active Under Contract
  • ON SITE: 48 Days
  • MLS #: 4006844
Under Contract
UPDATED: 35 min ago
$689,999
  • 10
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

Description

Welcome to Newark! This 3-Family, recently renovated property is located in the vibrant Upper Vailsburg neighborhood. This investment opportunity features two spacious 3-bedroom units and one 4-bedroom unit, offering flexibility for either immediate rental at top rental prices or owner-occupancy - the possibilities are endless! Each unit is spacious and occupies its own floor. The units have new flooring, new painting, new bathrooms, and new kitchens ready for move-in. The unfinished basement provides ample storage and utility space. Private backyard. Conveniently located near Weequahic Park, offering green space, walking paths, and recreation. Easy access to NJ Transit bus lines and major routes, with Newark Penn Station just a short drive away, makes commuting to NYC and the surrounding areas convenient. A strong opportunity for investors or owner-occupants seeking space, convenience, and rental potential in Newark. Book your showings today!

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-03-16T10:48:48.513.
www.srrealestategroup.com/homes/172482258
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29 Cedar Ave Newark City, NJ 07106

  • Price: $689,999
  • Status: Active Under Contract
  • On Site: 48 Days
  • Updated: 35 min ago
  • MLS #: 4006844
10
Beds
3
Baths
0
½ Baths
0.08
Acres
1915
Built
County:
Essex
Area:
Newark City
Property Description
Welcome to Newark! This 3-Family, recently renovated property is located in the vibrant Upper Vailsburg neighborhood. This investment opportunity features two spacious 3-bedroom units and one 4-bedroom unit, offering flexibility for either immediate rental at top rental prices or owner-occupancy - the possibilities are endless! Each unit is spacious and occupies its own floor. The units have new flooring, new painting, new bathrooms, and new kitchens ready for move-in. The unfinished basement provides ample storage and utility space. Private backyard. Conveniently located near Weequahic Park, offering green space, walking paths, and recreation. Easy access to NJ Transit bus lines and major routes, with Newark Penn Station just a short drive away, makes commuting to NYC and the surrounding areas convenient. A strong opportunity for investors or owner-occupants seeking space, convenience, and rental potential in Newark. Book your showings today!
Exterior Features

Approximate Lot Size 31X110 Exterior Description Aluminum Siding Garage Description None Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling None Heating Radiators - Hot Water Total Number Of Rooms 19 Unit1 Appliances Equipment Microwave OvenRange/Oven - ElectricRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 1 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenKitchenLiving RoomPantry Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Microwave OvenRange/Oven - ElectricRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 4 Unit2 Fireplaces 1 Unit2 Levels 0 Unit2 Room Description BedroomsDining RoomEat-In KitchenKitchenLiving RoomPantry Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 0 Unit3 Room Description BedroomsDining RoomEat-In KitchenKitchenLiving RoomPantry Unit3 Rooms 6 Unit3 Sq Ft 0

Property Features

Assessment Total 169000 Building Assessment 156500 Easement No Exclusions Owner's personal belongings Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Home Warranty No Land Assessment 12500 Net Operating Income 0 Sewer Public Sewer Tax Amount 6427 Tax Rate Amount 3.803 Tax Rate Year 2025 Tax Year 2024 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays HeatOwner Pays WaterTenant Pays ElectricTenant Pays Gas Unit3 Rent 0 Unit3 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 973-617-7661.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-03-16T10:48:48.513.
 
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Christie's International Real Estate Group
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Summit NJ, 07901