71 Hartford St, Newark, NJ 07103
Local realty services provided by:ERA Central Realty Group
71 Hartford St,Newark City, NJ 07103
$747,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: cheryl schuck
Office: re/max neighborhood properties
MLS#:3978151
Source:NJ_GSMLS
Price summary
- Price:$747,000
About this home
Exceptional Multi-Family w/Income Potential! New opportunity to own a spacious & well-maintained multi-family property w/significant income upside. Currently configured as a 2-family home, this property offers a full 1st floor unit with private entrance presenting strong potential to convert into a third income-producing unit (buyer to verify).Each of the 2 existing units features 3 bedrooms & 2 full bathrooms, including ensuite primary baths, generous kitchens, & HWFs throughout the LRs, DRs, & hallways. Recent updates include a vinyl privacy fence, poured concrete patio, & an above-ground pool perfect for outdoor entertaining. Major systems have been thoughtfully updated: HVAC units & water heaters are less than 2 years old, & the roof is approximately 4 years old. Unit 2 also features new carpeting. The shared laundry room includes a washer & dryer with additional hookups for a second set of appliances. The ground-level space currently used as a recreation room by Unit 1 via a spiral staircase has its own private entrance & .5 Bath & is primed for easy conversion into an additional unit with minimal adjustments. Unit 2 is currently rented below market value, offering potential for immediate increased returns. Whether you're an investor looking for strong rental income or an owner-occupant interested in offsetting your mortgage, this property offers flexibility, value, & long-term potential. Ideally located near shops, schools, parks, transit, museums, & Prudential Center.
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Home facts
- Year built:2001
- Listing ID #:3978151
- Added:108 day(s) ago
- Updated:November 15, 2025 at 09:38 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Half bathrooms:1
Heating and cooling
- Cooling:2 Units
- Heating:2 Units
Structure and exterior
- Roof:Asphalt Shingle
- Year built:2001
- Lot area:0.07 Acres
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$747,000
- Tax amount:$8,294 (2024)
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