New Jersey
Newark
125 -127 Sylvan Avenue

$1,080,000

125 -127 Sylvan Avenue, Newark, NJ 07104

5 beds |
4 baths

Triplex
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

DEVELOPER'S DREAM: BRICK 3-FAMILY + BUILDABLE LOT - NORTH NEWARK Prime opportunity on 8,002 sq. ft. double lot near Belleville border! Well-maintained legal 3-family brick home with immediate rental income plus development potential. Features three 1-bedroom apartments (top floor duplex), open layouts, hardwood floors, and recent updates. Property includes rear deck, separate utilities (3 gas meters, 3 water heaters), single boiler, rear alley access, and parking. Development highlights: Attached vacant lot ideal for subdivision, prime location for new construction. Excellent rental market with strong appreciation potential. Location perks: Steps to Belleville, easy transportation access, shopping nearby. Don't miss this rare opportunity to acquire income property with tremendous upside!

Listing Status:: Active
Date Added:: February 7, 2025 at 06:00AM
Listing Office:: Keller Williams Village Square Realty : 201-445-4300
Listing Agent:: Phyllis A Taylor : (201) 805-1114
MLS ID:: 25004020

Rooms: 12
Laundry: BasementSee Remarks

This listing courtesy of Phyllis A Taylor, Keller Williams Village Square Realty

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Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Rafael Hernandez Elementary School

345 Broadway, Newark, NJ, 07104

Grades PK-8

0.31 miles away

Rafael Hernandez Elementary School

345 Broadway, Newark, NJ, 07104

Grades PK-8

0.31 miles away

Technology High School

223 Broadway, Newark, NJ, 07104

Grades 9-12

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.