196 Fairmount Ave, Newark City, NJ 07103-2455
  • $769,000

Overview

Property ID: HZ4058733
  • Residential Income
  • Property Type
  • 9
  • Bedrooms
  • 3
  • Bathrooms

Description

Excellent investment opportunity in Newark! This recently updated 3-family property is being delivered COMPLETELY VACANT and offers three spacious units, each featuring 3 bedrooms and 1.5 bathrooms with functional open layouts designed for comfortable living. Recent improvements include new flooring, with new kitchens and updated bathrooms to be completed prior to closing. The property also features a large unfinished basement offering ample storage and additional potential. With ALL THREE UNITS VACANT, the new owner has the flexibility to select their own tenants, set rents, or occupy one unit while generating rental income from the others. Ideally located near schools, hospital, shopping, dining, public transportation, and major highways for convenient commuting.

  • Address: 196 Fairmount Ave, Newark City, NJ 07103-2455
  • City: Newark City
  • State/county: NJ
  • Zip/Postal Code: 07103-2455

Details

Updated on October 13, 2026 at 8:05 pm
  • Property ID HZ4058733
  • Price $769,000
  • Land Area 0.06 Acres
  • Bedrooms 9
  • Rooms 20
  • Bathrooms 3
  • Year Built 1877
  • Property Type Residential Income
  • Property Status Active

Additional details

  • Roof Asphalt Shingle
  • Utilities See Remarks
  • Sewer Public Sewer
  • Cooling Window A/C(s)
  • Heating 3 Units, Forced Hot Air
  • County Essex
  • Property Type Residential Income
  • Architectural Style 3-Three Story

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Jill Skibinsky

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