316 Ellery Ave, Newark City, NJ 07106
316 Ellery Ave, Newark City, NJ 07106
316 Ellery Ave, Newark City, NJ 07106
316 Ellery Ave, Newark City, NJ 07106
316 Ellery Ave, Newark City, NJ 07106
316 Ellery Ave, Newark City, NJ 07106
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$ 750,000
Est. payment | /mo

8 Beds

4.5 Baths

4,791 Sqft Lot


Save
$ 750,000
Est. payment | /mo
Save

8 Beds

4.5 Baths

4,791 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4020415

Style Fourplex

Bedrooms 8

Full Baths 4

Half Baths 1

Year Built 1952

Annual Tax Amount $10,133

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

Welcome to this EXTREMELY RARE FOUR FAMILY investment opportunity in Newark's sought-after Vailsburg section this four-family fixer-upper offers exceptional potential, solid structure, and an unbeatable location just minutes from Seton Hall University. Perfect for investors, owner-occupants, or anyone looking to add value through renovation. This multi-family home sits on a quiet residential block with classic Newark character. With the right vision, it can be transformed into a high-performing income property. The parking availability alone sets it apart rare for the area and highly desirable for tenants. Its proximity to Seton Hall and South Orange adds consistent rental demand and long-term stability. 203k loans and hard money loans are welcome!

Location

State NJ

County Essex

Rooms

Basement Full

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Wood

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style Fourplex

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by BHGRE ELITE

Nearby Locations

Kyna Wentink

My goal is to help change peoples lives through real estate. How can I help you?

+1(201) 819-6500

kynawentink@kw.com

1700 State Route 23, Wayne, NJ, 07470, USA

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316 Ellery Ave