108 Vassar Ave
Newark City, NJ 07112
Price: $770,000
GSMLS: 4014650Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 8
Baths: 4 Full
Garage: 1-Car
Year Built: 1917
Acres: 0.11
Property Tax: $11,665
Description
Won't Last Long! Vacant Legal 3-Family in Weequahic, NewarkTurnkey investment or owner-occupant opportunity. Delivered vacant with strong income potential from day one.Unit Mix:1st Fl: 3 BR / 1 BA " $3,200 potential2nd Fl: 3 BR / 1 BA " $3,200 potential3rd Fl: 2 BR / 1 BA " $2,300 potentialProjected Income: $8,700/mo $104,400/yrStrong income-producing property with excellent cash flow potential. Located in the desirable Weequahic section near Weequahic Park, Newark Beth Israel, public transportation, major highways, shopping, schools, Newark Airport & NYC routes.Rare fully vacant 3-family don't miss this opportunity!
General Info
Style:
3-Three Story
SqFt Building:
5,000
Total Rooms:
21
Basement:
Yes - Full, Unfinished
Interior:
Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Brick
Lot Size:
50X100
Lot Desc:
n/a
Parking
Garage Capacity:
1-Car
Description:
Detached Garage, See Remarks
Parking:
1 Car Width, Concrete, Driveway-Shared, Off-Street Parking
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
8
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch, Sunroom
Levels:
n/a
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
8
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Pantry, Sunroom
Levels:
n/a
Square Foot:
n/a
Fireplaces:
1
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Refrigerator
Utilities:
Owner Pays Water
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Baseboard - Hotwater, Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
See Remarks
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$770,000
Tax Amount:
$11,665
Land Assessment:
$20,200
Build. Assessment:
$271,500
Total Assessment:
$291,700
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4014650
List Date:
03-16-2026
Days On Market:
1
Listing Broker:
ALEXANDER ANDERSON REAL ESTATE
Listing Agent:
Cynthia Barrett-bismuth
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TheForgesDenville.com
