125 -127 Sylvan Avenue
Newark, NJ 07104

$1,200,000

Beds: 5
Baths: 4
Number of Units:
Type: Multi-Unit Residential
Listing #25004020
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 Courtesy of Phyllis A. Taylor, Keller Williams Village Square Realty - 201-445-4300

Property Features
Location Information
County: ESSEX
Municipality: Newark
Interior Features
Total Rooms: 12
Laundry: Basement, See Remarks
Exterior Features
Style: 3 Family
Utilities: Sep Elec, Sep Gas, Sep Water
Additional Information
Property Type: RI
Status: Active
Tax Amount: $9,782


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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Source: New Jersey Multiple Listing Service, Inc.

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NJMLS (New Jersey) data last updated at February 22, 2025, 2:24 PM ET