53 Monticello Ave, Newark City, NJ

Start the new year in a new house! This spacious 3 family home is an amazing opportunity for someone looking to stay in one unit while earning rental income from the other units or for an investor looking for a lucrative opportunity in a thriving community! This home features 2 bedroom on the 1st unit along with a bonus room, living room, dining room and eat in kitchen. The 2nd floor unit features 3 bedrooms, living room, dining room and eat in kitchen. The 3rd floor unit features one bedroom, living room and eat in kitchen. In addition, this home also has a finished basement with full bathroom and 3 bonus rooms. This home is located in a sought after quiet neighborhood in Newark, NJ just a few blocks from South Orange and Seton Hall University. It is also down the street from public transportation that goes directly to Newark Penn Station, shops and much more. This home qualifies for different grant programs and low interest rate programs as well! 2nd floor unit shall be delivered vacant and 1st and 3rd floor units are on a month to month lease. Tenants pay for their own utilities.