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278 Wainwright St

Newark City, NJ 07112
  • $649,999
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: 4055540
Price Reduced
UPDATED: 57 min ago
$649,999
  • 7
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

Discover the possibilities with this spacious two-family home in Newark an excellent opportunity for both owner-occupants and investors. Live in one unit while generating rental income from the other, or add a versatile income-producing property to your portfolio. Featuring functional layouts, generous living space, and strong rental potential, this property offers flexibility for a variety of ownership strategies. Conveniently located near public transportation, major highways, shopping, dining, schools, parks, Downtown Newark, Newark Liberty International Airport, and direct access to NYC, it combines accessibility with long-term investment appeal. A compelling opportunity to own a multi-family property in one of Newark's active real estate markets.

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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 Daunno Realty Services, LLC. 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 Daunno Realty Services, LLC 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 2026-10-15T07:48:51.247.
www.daunnorealty.com/homes/181613832
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278 Wainwright St Newark City, NJ 07112

  • Price: $649,999
  • Status: Active
  • On Site: 16 Days
  • Updated: 57 min ago
  • ID#: 4055540
7
Beds
3
Baths
0
½ Baths
0.08
Acres
County:
Essex
Area:
Newark City
Property Description
Discover the possibilities with this spacious two-family home in Newark an excellent opportunity for both owner-occupants and investors. Live in one unit while generating rental income from the other, or add a versatile income-producing property to your portfolio. Featuring functional layouts, generous living space, and strong rental potential, this property offers flexibility for a variety of ownership strategies. Conveniently located near public transportation, major highways, shopping, dining, schools, parks, Downtown Newark, Newark Liberty International Airport, and direct access to NYC, it combines accessibility with long-term investment appeal. A compelling opportunity to own a multi-family property in one of Newark's active real estate markets.
Exterior Features

Approximate Lot Size 33.9X100 Color Of Building White Exterior Description Vinyl Siding Number Of Parking Spaces 3 Parking Driveway Description 1 Car Width Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullWalkout Cooling 2 Units Heating 2 Units Total Number Of Rooms 14 Unit1 Appliances Equipment Carbon Monoxide DetectorDishwasherRange/Oven - GasRefrigeratorSee RemarksSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomSee Remarks Unit1 Rooms 6 Unit1 Security Deposit 4125 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Carbon Monoxide DetectorDishwasherRange/Oven - GasRefrigeratorSee RemarksSmoke Detector Unit2 Baths 2.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description AtticBedroomsDenEat-In KitchenLiving RoomSee Remarks Unit2 Rooms 8 Unit2 Sq Ft 9999

Property Features

Assessment Total 337400 Building Assessment 318900 Easement Unknown Expenses Include Hot & Cold WaterInsuranceSee RemarksTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 69000 Home Warranty No Land Assessment 18500 Net Operating Income 21000 Sewer Public Sewer Tax Amount 13492 Tax Rate Amount 3.999 Tax Rate Year 2026 Tax Year 2025 Total Operating Expense 48000 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 2750 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 3000 Unit2 Security Deposit 4500 Utilities Gas-Natural Water Public Water Year Built Description Unknown

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 917-562-1264.


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 Daunno Realty Services, LLC. 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 Daunno Realty Services, LLC 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 2026-10-15T07:48:51.247.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066