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!
Active
Price cut: $10K (8/1)
$274,900
83 Magnolia St, Newark City, NJ 07108
3beds
1,516sqft
Est.:
Single Family Residence
Built in 1997
2,613.6 Square Feet Lot
$-- Zestimate®
$181/sqft
$-- HOA
What's special
Central air and heatSpacious backyard
- 95 days
- on Zillow |
- 6,210 |
- 372 |
Zillow last checked: 20 hours ago
Listing updated: August 01, 2025 at 09:19am
Listed by:
Patrick Fox Jr 973-258-0888,
American Realty Services Group
Source: GSMLS,MLS#: 3961789

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Kitchen
- Features: Eat-in Kitchen
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: See Remarks
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,516
- Total interior livable area: 1,516 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Car Width, Attached Garage
- Attached garage spaces: 1
Lot
- Size: 2,613.6 Square Feet
- Dimensions: 2500 SF.
Details
- Parcel number: 1614026060000000010030
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Composition Shingle, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt Shingle
Condition
- Year built: 1997
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Newark
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $121,300
- Annual tax amount: $4,613
- Date on market: 5/8/2025
- Ownership type: Fee Simple
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