196 Fairmount Avenue, Newark, NJ 07103

Newark
Local realty services provided by:ERA Queen City Realty
196 Fairmount Avenue,Newark, NJ 07103
$769,000
  • - Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: andrea alummootil
Office: provident legacy real estate services201-809-9925
MLS#:26039077
Source:NJ_MLS

Price summary

  • Price:$769,000

About this home

Excellent investment opportunity in Newark! This recently updated 3-family property is being delivered COMPLETELY VACANT and offers three spacious units, each featuring 3 bedrooms and 1.5 bathrooms with functional open layouts designed for comfortable living. Recent improvements include new flooring, with new kitchens and updated bathrooms to be completed prior to closing. The property also features a large unfinished basement offering ample storage and additional potential. With ALL THREE UNITS VACANT, the new owner has the flexibility to select their own tenants, set rents, or occupy one unit while generating rental income from the others. Ideally located near schools, hospital, shopping, dining, public transportation, and major highways for convenient commuting.

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Home facts

  • Listing ID #:26039077
  • Added:5 day(s) ago
  • Updated:October 19, 2026 at 03:14 PM

Rooms and interior

  • Total bathrooms:5
  • Full bathrooms:3
  • Half bathrooms:2
  • Rooms Total:20

Finances and disclosures

  • Price:$769,000
  • Tax amount:$10,561

Features and amenities

  • Laundry features:None
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than ERA Queen City Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: October 19, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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