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45 Finlay Pl

Newark City, NJ 07106
  • $675,000
  • STATUS: Active Under Contract
  • ON SITE: 81 Days
  • ID#: 3946687
Under Contract
UPDATED: 122 min ago
$675,000
  • 7
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,823
    SQFT
  • $239
    $/SQFT
Type:
Multi-Family
Built:
1902
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great opportunity to own a fully occupied three-family home in the Vailsburg section of Newark. This area is on the verge of major growth with film studios moving in nearby, making it a prime investment opportunity. This property is located on a quiet residential street with an excellent rental history. The home has been well maintained and features a fully finished basement with a kitchenette and full bathroom. While the house could use some cosmetic updates, it is fully occupied with great tenants, providing immediate rental income. Don?t miss your chance to invest in this up-and-coming neighborhood. Great rental history with reliable, long-term tenants already in place. Well-Maintained and move-in ready with full finished basement featuring a kitchenette & full bath. Prime location on a quiet, residential street near major highways & transit. Some cosmetic updates can boost value & rental income.

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Garden State MLS logo © 2025 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 2025-05-11T23:46:01.76.
www.daunnorealty.com/homes/160665789
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45 Finlay Pl Newark City, NJ 07106

  • Price: $675,000
  • Status: Active Under Contract
  • On Site: 81 Days
  • Updated: 122 min ago
  • ID#: 3946687
7
Beds
4
Baths
0
½ Baths
0.06
Acres
2,823
SQFT
$239
$/SQFT
1902
Built
County:
Essex
Area:
Newark City
Elementary School:
G Carver
Middle School:
G Carver
High School:
Vailsburg
Property Description
Great opportunity to own a fully occupied three-family home in the Vailsburg section of Newark. This area is on the verge of major growth with film studios moving in nearby, making it a prime investment opportunity. This property is located on a quiet residential street with an excellent rental history. The home has been well maintained and features a fully finished basement with a kitchenette and full bathroom. While the house could use some cosmetic updates, it is fully occupied with great tenants, providing immediate rental income. Don?t miss your chance to invest in this up-and-coming neighborhood. Great rental history with reliable, long-term tenants already in place. Well-Maintained and move-in ready with full finished basement featuring a kitchenette & full bath. Prime location on a quiet, residential street near major highways & transit. Some cosmetic updates can boost value & rental income.
Exterior Features

Approximate Lot Size 25X100 Exterior Description Aluminum Siding Garage Description Detached Garage Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FinishedWalkout Cooling None Heating 3 UnitsRadiators - Steam Total Number Of Rooms 12 Unit1 Appliances Equipment Carbon Monoxide DetectorKitchen Exhaust FanRange/Oven - Gas Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenFamily RoomKitchen Unit1 Rooms 5 Unit1 Security Deposit 2250 Unit1 Sq Ft 1100 Unit2 Appliances Equipment Carbon Monoxide DetectorKitchen Exhaust FanRange/Oven - Gas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenFamily RoomKitchen Unit2 Rooms 5 Unit2 Sq Ft 1100 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description AtticBedroomsFamily RoomKitchen Unit3 Rooms 2 Unit3 Sq Ft 598

Property Features

Assessment Total 188600 Building Assessment 167300 Easement No Expenses Include Cold WaterElectricInsuranceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 4250 Home Warranty No Land Assessment 21300 Net Operating Income 1850 Sewer Public Sewer Tax Amount 7172 Tax Rate Amount 3.803 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 2500 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 1500 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1600 Unit2 Security Deposit 2400 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit3 Rent 1150 Unit3 Security Deposit 2100 Utilities Gas In Street Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-354-5000.


Garden State MLS logo © 2025 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 2025-05-11T23:46:01.76.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066