Listing Details

171 Milford Ave,Newark City, NJ 07108-2712

  • October 29, 2025

Description

Unbeatable price to own a 2 family home in the rapidly developing city of Newark. The property features a vacant duplex unit spanning the second and third floors, offering 3 bedrooms and 1 bathroom, while the first floor is tenant occupied, providing immediate rental income. Sitting on an extra deep 132 foot lot, this property offers excellent potential for future expansion. Enjoy the convenience of a private driveway and a quiet dead end street with minimal traffic, yet still close to major highways, public transportation, and Newark Airport. The unfinished basement presents additional potential for value add in the future. A fantastic opportunity to expand your investment portfolio in one of Newark’s most promising areas.

Details

Last Updated On: October 29th, 2025 at 12:29 am
Property ID:PT-7359731-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 450,000 $
Bedrooms:4
Year Built:1907

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 25X132.1
Lot Identifier: 9
Lot Identifier: 9

Home Details

Open Parking: 2
Basement: Yes
Renovated: 2023
Basmnt/Desc: Yes - Full, Unfinished
Acreage: 0.08
Total Baths: 2.00
Unit Style: 3-Three Story
Number of Units: 2
Rooms: 8
Easement/Desc: Unknown
Exterior Description: Aluminum Siding
Roof Description: Asphalt Shingle
Possesion: ASAP
Unit 1 Appliances/Equipment: Range/Oven - Gas
Unit 1 Levels: 1
Unit 1 Rooms: 3
Unit 1 Beds: 1
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 SqFt: 600
Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 2 Appliances/Equipment: Range/Oven - Gas
Unit 2 Levels: 2
Unit 2 Rooms: 5
Unit 2 Beds: 3
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 SqFt: 1000
Unit 2 Room Description: Attic, Bedrooms, Kitchen, Living/Dining Room
Block Identifier: 2699
County Number: 16
Town Number: 1614
YB/Desc: 1907 - Renovated
Easement: Unknown
Parking/Driveway Description: 1 Car Width
Block Identifier: 2699
County Number: 16
Town Number: 1614
Possession: ASAP

Utilities

Heat Source: Gas-Natural
Heat System: 2 Units, Forced Hot Air
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-02699-0000-00009-0000-
Tax Amount: $3,662.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2025
Land Assessment: $23,800.00
Building Assessment: $72,500.00
Total Assessment: $96,300.00
FHA Age Restricted: No

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