329-331 Elizabeth Ave, Newark, NJ 07112

Discover a fantastic home or investment opportunity with this partially occupied 3-family property, showcasing great rental potential and possible subdivision to build 2nd 3 family, buyer must do own due dilligence. Each unit features a spacious layout with an eat-in kitchen, 3 bedrooms, a living room, and a bathroom. Central Air and forced air heating. Currently, Unit 2 is vacant, while Units 1 and 3 are tenant-occupied, Unit 3 was completely renovated in 2023, flaunting shiny wood floors and new kitchen and bathroom finishes. The property's large, partially finished basement, spans the full footprint of the home.. This large versatile space with nice ceiling height includes a bathroom with a shower and a separate unfinished area ideal for potential coin-operated laundry facilities. With parking for 6 to 8 vehicles and its proximity to parks, restaurants, shopping, public transportation, major highways, and NYC, this property is a lucrative investment waiting to be seized.