See all 32 photos

$799,995

Est. payment - /mo

Save

8 BD

4 BA

4,032 SqFt

New

94 96 S Devine Street Newark City, NJ 07106

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Feb

Fri

Feb

Sat

Feb

Christina "Chrissy Keys" Gelpi

chrissy@chrissykeys.com +1(732) 485-9393

UPDATED:

02/15/2025 09:00 PM

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,032 sqft

Price per Sqft $198

Subdivision Vailsburg

MLS Listing ID 3945967

Style Fourplex

Bedrooms 8

Full Baths 4

Year Built 1952

Annual Tax Amount $15,554

Tax Year 2024

Lot Size 4,356 Sqft

Property Description

Discover the incredible potential of this spacious four-family home, thoughtfully designed for both comfort and investment. Each unit features two generously sized bedrooms with the possibility of converting some of the units to a 3 bedroom, providing ample living space that appeals to homeowners and renters alike. The modern, well-equipped kitchens and move-in-ready interiors make this an excellent opportunity for immediate occupancy or rental income. This property offers even more value with 2 separate partially finished basements, ideal for additional storage or future renovation to further enhance its value potential. The large lot includes four garages, providing convenient parking for all units or the option to generate extra income. The sprawling backyard is perfect for outdoor gatherings, adding to the appeal of this fantastic property. Location is key! Situated just seconds from the Garden State Parkway, this home offers easy access to public transportation, making commuting a breeze. Plus, with a beautiful public park nearby, residents can enjoy outdoor recreation just moments from their doorstep. All units are currently occupied with a monthly term. The estimated rent roll for each unit is $1,600-$1,800 Don't miss this exceptional income-producing and appreciation opportunity! Whether you're an investor looking to expand your portfolio or a homeowner seeking rental income, this property is a smart financial move.

Location

State NJ

County Essex

Zoning R4

Rooms

Basement Unfinished

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage

Garage Spaces 4.0

Utilities Available All Underground, Electric

Roof Type Rubberized

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style Fourplex

Schools

Elementary Schools Speedway

Middle Schools Speedway

High Schools West Side

Others

Senior Community No

Listed by EXP REALTY, LLC

GET MORE INFORMATION

Christina "Chrissy Keys" Gelpi

Agent | License ID: 1329223

+1(732) 485-9393