Listing Details

231 Wainwright St,Newark City, NJ 07112-1226

  • March 16, 2026
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Description

Discover the perfect blend of income potential and convenient living with this impressive six-bedroom, two-bathroom multi-family property. Whether you’re a savvy investor seeking steady rental income or looking to live in one unit while the other pays your mortgage, this property checks all the boxes for smart real estate strategy.Step inside to find spacious living areas designed for comfortable everyday life! Each unit offers 3 spacious bedrooms, EIK with stainless steel appliances, granite counter tops, designer white cabinets and modern bathrooms with ceramic tiles. The 2nd floor offers a walk up attic that could be used for a game room, storage, etc.The finished basement offers valuable additional square footage deal for storage, a home gym, or whatever your imagination can dream up. Outside, the private outdoor space with patio provides a refreshing retreat where residents can unwind after a busy day, host weekend barbecues, or simply enjoy fresh air without leaving home. Weequahic High School is conveniently nearby, while Newark Beth Israel Medical Center provides peace of mind with quality healthcare just around the corner. Daily errands become effortless with Supremo Food Market within easy reach. For commuters, this address is pure gold! The public buses to Newark Penn Station connects you directly to New York City, making the daily trek into Manhattan remarkably stress-free. Newark Liberty International Airport is also conveniently accessible when wanderlust calls

Details

Last Updated On: March 16th, 2026 at 7:26 am
Property ID:PT-31864702-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 700,000 $
Bedrooms:6
Year Built:1928

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 35X100
Lot Identifier: 17
Lot Identifier: 17

Home Details

Subdivision: Weequahic
Open Parking: 3
Basement: Yes
Renovated: 2018
Basmnt/Desc: Yes - Finished
Acreage: 0.08
Total Baths: 2.00
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 11
Easement/Desc: No
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: at closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Levels: 1
Unit 1 Rooms: 5
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 1 Handicap: No
Unit 1 SqFt: 1100
Unit 1 Rent: 9999
Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry, Master Bedroom
Unit 1 Security Deposit: 9999
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Levels: 2
Unit 2 Rooms: 6
Unit 2 Beds: 3
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 2 Handicap: No
Unit 2 SqFt: 1300
Unit 2 Rent: 9999
Unit 2 Room Description: Attic, Bedrooms, Eat-In Kitchen, Living Room, Pantry, Master Bedroom
Unit 2 Security Deposit: 9999
Block Identifier: 3733
County Number: 16
Town Number: 1614
YB/Desc: 1928 - Renovated
Easement: No
Parking/Driveway Description: 1 Car Width
Block Identifier: 3733
County Number: 16
Town Number: 1614
Possession: at closing

Taxes, Fees & Assessments

Gross Operating Income: 9999
Net Operating Income: 9999
Warranty: No
Tax ID For Property: 1614-03733-0000-00017-0000-
Tax Amount: $7,998.00
Tax Year: 2025
Tax Rate: 3.999%
Tax Rate Year: 2025
Farm Assessment: No
Land Assessment: $18,800.00
Building Assessment: $181,200.00
Total Assessment: $200,000.00
FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural
Heat System: 2 Units, Forced Hot Air
Cool System: 2 Units, Central Air
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Schools

High School: WEEQUAHIC

Features

  • Fire Extinguisher
  • Patio
  • Privacy Fence
  • Smoke Detector

Statistics

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