For Multi Family

87 Chadwick Ave,Newark City, NJ 07108-3234

March 11, 2026

Unit 2 is vacant and ready for immediate occupancy perfect for an owner-occupant looking to move right in while generating rental income. Beautifully renovated 3-family home offering spacious layouts throughout. The first floor features a bright walk-out 2-bedroom unit with generous living space. The second floor offers a large 3-bedroom, 2-bath layout with an expansive living room, formal dining room, and spacious kitchen. The oversized bedrooms include a primary suite with a walk-in closet, full bathroom, and private walk-out balcony. The third floor features the same desirable layout as the second unit. Additional highlights include a 2-car garage and a surveillance camera system. Great opportunity for investors owner occupants alike.

Property ID:PT-31336581-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 899,000 $

Bedrooms:8

Year Built:2003

Listing Details

Status: Active

Location

County: Essex

Lotsize: 4190 SF

Lot Identifier: 3

Home Details

Open Parking: 2

Basement: No

Renovated: 2026

Acreage: 0.10

Total Baths: 5.00

Unit Style: 3-Three Story, Triplex

Number of Units: 3

Rooms: 17

Easement/Desc: No

Exterior Description: Brick, Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: Flexible

Unit 1 Appliances/Equipment: CarbMDet,CookGas,Dishwshr,Microwav,RgOvGas,Refrig

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 2

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 Lease Expire: 2026-03-31

Unit 1 SqFt: 1350

Unit 1 Rent: 1918

Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Laundry Room

Unit 1 Security Deposit: 2767

Unit 2 Appliances/Equipment: CarbMDet,CookGas,Dishwshr,Microwav,RgOvGas,Refrig

Unit 2 Levels: 1

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 SqFt: 1500

Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Laundry Room

Unit 3 Appliances/Equipment: CarbMDet,CookGas,Dishwshr,Microwav,RgOvGas,Refrig

Unit 3 Levels: 1

Unit 3 Rooms: 6

Unit 3 Beds: 3

Unit 3 Baths: 2.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 Lease Expire: 2026-09-30

Unit 3 SqFt: 1500

Unit 3 Rent: 3108

Unit 3 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Laundry Room

Unit 3 Security Deposit: 1895

Garage Description: Built-In Garage

Number of Garage Spaces: 2

Block Identifier: 3000

County Number: 16

Town Number: 1614

YB/Desc: 2003 - Renovated

Easement: No

Parking/Driveway Description: 2 Car Width

Block Identifier: 3000

County Number: 16

Town Number: 1614

Possession: Flexible

Taxes, Fees & Assessments

Expense Include: Utilities

Tax ID For Property: 1614-03000-0000-00003-0000-

Tax Amount: $10,665.00

Tax Year: 2025

Tax Rate: 3.999%

Tax Rate Year: 2025

Land Assessment: $13,300.00

Building Assessment: $253,400.00

Total Assessment: $266,700.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: 3 Units, Forced Hot Air

Cool System: 3 Units, Central Air

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

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Listing Details

87 Chadwick Ave,Newark City, NJ 07108-3234

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