For Multi Family

552 S 11Th St,Newark City, NJ 07103

December 9, 2025

Two-family home in need of completion excellent opportunity for investors or owner-occupants seeking a renovation project. Property requires FHA 203(k) or construction loan financing. Great potential to customize and add value. This is an incomplete/unfinished new construction in need of a 100% renovation.

Property ID:PT-19220670-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 549,000 $

Bedrooms:6

Year Built:2025

Listing Details

Status: Active

Location

County: Essex

Lotsize: 4691 SF

Lot Identifier: 40.02

Home Details

Open Parking: 2

Basement: No

Acreage: 0.11

Total Baths: 4.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 12

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: Immediately

Unit 1 Levels: 1

Unit 1 Rooms: 6

Unit 1 Beds: 3

Unit 1 Baths: 2.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Room Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Utility Room

Unit 2 Levels: 2

Unit 2 Rooms: 6

Unit 2 Beds: 3

Unit 2 Baths: 2.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Room Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Utility Room

Block Identifier: 308

County Number: 16

Town Number: 1614

YB/Desc: 2025 - Under Construction

Easement: Unknown

Parking/Driveway Description: 1 Car Width

Block Identifier: 308

County Number: 16

Town Number: 1614

Possession: Immediately

Utilities

Heat System: No Heat

Water: Public Water

Sewer: Public Sewer

Taxes, Fees & Assessments

Tax ID For Property: 1614-00308-0000-00040-0002-

Tax Amount: $1,410.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $37,100.00

Total Assessment: $37,100.00

FHA Age Restricted: No

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Listing Details

552 S 11Th St,Newark City, NJ 07103

Description

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