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727 S 18Th St

Newark City, NJ 07103
  • $524,900
  • STATUS: Active Under Contract
  • ON SITE: 49 Days
  • ID#: 3954855
Under Contract
UPDATED: 219 min ago
$524,900
  • 5
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2003
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Fantastic Investment Opportunity!This newer two-family home has so much to offer! The first floor features 5 spacious rooms, including 2 bedrooms, while the second floor boasts 6 rooms with 3 bedrooms, 2 baths, and a charming balcony. Each unit has separate utilities and central A/C, ensuring comfort and convenience for all occupants. With two attached garages and a fenced property, this super two-family home provides $19,440.00 in yearly rent to help cover carrying costs.Although the property is in below-average condition and requires repairs to return to move-in condition, it is priced attractively low to reflect this. You'll benefit from its proximity to local amenities and major work centers, making it a highly convenient location for potential tenants or buyers. Don't miss out on this incredible opportunity to own a versatile property with great potential for rental income and future appreciation. Act fast and make this investment yours today!

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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 2025-05-22T23:46:15.997.
www.daunnorealty.com/homes/162213897
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727 S 18Th St Newark City, NJ 07103

  • Price: $524,900
  • Status: Active Under Contract
  • On Site: 49 Days
  • Updated: 219 min ago
  • ID#: 3954855
5
Beds
3
Baths
0
½ Baths
0.08
Acres
2003
Built
County:
Essex
Area:
Newark City
Elementary School:
S 17Th St
Middle School:
S 17Th St
High School:
West Side
Property Description
Fantastic Investment Opportunity!This newer two-family home has so much to offer! The first floor features 5 spacious rooms, including 2 bedrooms, while the second floor boasts 6 rooms with 3 bedrooms, 2 baths, and a charming balcony. Each unit has separate utilities and central A/C, ensuring comfort and convenience for all occupants. With two attached garages and a fenced property, this super two-family home provides $19,440.00 in yearly rent to help cover carrying costs.Although the property is in below-average condition and requires repairs to return to move-in condition, it is priced attractively low to reflect this. You'll benefit from its proximity to local amenities and major work centers, making it a highly convenient location for potential tenants or buyers. Don't miss out on this incredible opportunity to own a versatile property with great potential for rental income and future appreciation. Act fast and make this investment yours today!
Exterior Features

Approximate Lot Size 37X100 Exterior Description Vinyl Siding Garage Description Attached Garage Number Of Parking Spaces 2 Parking Driveway Description 2 Car WidthConcreteOff-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement No Basement Description Slab Cooling 2 UnitsCentral Air Heating 2 UnitsForced Hot Air Total Number Of Rooms 10 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 1300 Unit1 Sq Ft 1 Unit2 Appliances Equipment See Remarks Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 0

Property Features

Assessment Total 187800 Building Assessment 155000 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 1 Home Warranty No Land Assessment 32800 Net Operating Income 1 Sewer Public Sewer Tax Amount 7142 Tax Rate Amount 3.803 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 1 Unit Style 2-Two Story Unit1 Lease Expiration 2025-07-31 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1620 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of AMERICAN REALTY SERVICES GROUP: 973-258-0888.


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 2025-05-22T23:46:15.997.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066