Listing Details

56 Lentz Ave,Newark City, NJ 07105-4413

  • April 4, 2026

Description

Strong income-producing opportunity in the heart of Newark! This expansive 2 family property sits on a prominent corner lot. Each unit features 3 well sized bedrooms, including a primary suite with a private full bath, along with hardwood flooring, spacious living areas, and eat-in kitchens with ample cabinetry and tiled finishes.The first unit offers a bright living room with recessed lighting, crown molding, and French doors leading to a large private deck, perfect for entertaining. The second unit features a comfortable living and dining combination. The ground level adds exceptional versatility, featuring a full bathroom and two additional rooms ideal for recreation, workspace, or extended use, along with a convenient laundry area. Additional highlights include separate utilities, semi-private entrances, a one-car garage, and a double wide driveway for ample parking. The fenced-in yard provides added privacy. Conveniently located near public transportation, major highways, parks, shopping, and dining. A great opportunity for both investors and owner-occupants.

Details

Last Updated On: April 4th, 2026 at 9:31 am
Property ID:PT-35024106-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 825,000 $
Bedrooms:7
Year Built:2002

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 37X71.5
Lot Identifier: 26
Lot Description: Corner, Level Lot
Lot Identifier: 26

Home Details

Open Parking: 4
Basement: No
Acreage: 0.06
Total Baths: 5.00
Unit Style: 3-Three Story, Under/Over
Number of Units: 2
Rooms: 14
Easement/Desc: Unknown
Exterior Description: Brick, Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: At closing
Unit 1 Appliances/Equipment: Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas
Unit 1 Levels: 1
Unit 1 Rooms: 5
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 Lease Expire: 2026-11-30
Unit 1 Rent: 2500
Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch
Unit 1 Security Deposit: 2500
Unit 2 Appliances/Equipment: Dishwasher, Kitchen Exhaust Fan, Range/Oven - Gas
Unit 2 Levels: 1
Unit 2 Rooms: 5
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, Dining Room, Eat-In Kitchen, Living Room
Garage Description: Attached Garage, Built-In Garage, Garage Door Opener
Number of Garage Spaces: 1
Block Identifier: 2480
County Number: 16
Town Number: 1614
YB/Desc: 2002 - Approximate
Easement: Unknown
Parking/Driveway Description: 2 Car Width
Block Identifier: 2480
County Number: 16
Town Number: 1614
Possession: At closing

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: 2 Units, Forced Hot Air
Cool System: 2 Units, Central Air
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Services: Garbage Extra Charge

Taxes, Fees & Assessments

Tax ID For Property: 1614-02480-0000-00026-0000-
Tax Amount: $11,165.00
Tax Year: 2025
Tax Rate: 3.999%
Tax Rate Year: 2025
Land Assessment: $61,800.00
Building Assessment: $217,400.00
Total Assessment: $279,200.00
FHA Age Restricted: No

Features

  • Carbon Monoxide Detector
  • Curbs
  • Deck
  • Metal Fence
  • Patio
  • Sidewalk
  • Smoke Detector
  • Tile Floors
  • Walk-In Closet
  • Wood Floors

Statistics

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