83 Magnolia St, Newark City, NJ 07108

Local realty services provided by:ERA Duke Realtors
83 Magnolia St,Newark City, NJ 07108
$274,900
  • 3 Beds
  • 2 Baths
  • 1,516 sq. ft.
  • Single family
  • Active
Listed by:patrick fox jr
Office:american realty services group
MLS#:3961789
Source:NJ_GSMLS

Price summary

  • Price:$274,900
  • Price per sq. ft.:$181.33

About this home

Investor Alert! This 28-year-old single-family townhouse is a rare opportunity. It generates $18,720 in annual rental income and has had a reliable tenant in place since 2018. Offering 1,500 sq ft of living space, this home features 3 bedrooms, 1.5 bathrooms, a 1-car garage, and a private driveway. Enjoy the comfort of central air and heat, a spacious backyard, and low annual taxes of just $4,613.Whether you're a seasoned investor or just getting started, this property is a solid addition to any portfolio. With stable cash flow and minimal upkeep, it's a no-brainer!

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Home facts

  • Year built:1997
  • Listing Id #:3961789
  • Added:92 day(s) ago
  • Updated:August 13, 2025 at 02:26 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:1,516 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1997
  • Building area:1,516 sq. ft.
  • Lot area:0.06 Acres

Schools

  • High school:CENTRAL
  • Middle school:CLEVELAND
  • Elementary school:CLEVELAND

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$274,900
  • Price per sq. ft.:$181.33
  • Tax amount:$4,613 (2024)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated August 13, 2025