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About This Home
This 8-bedroom, 5-bathroom residential multi family at 316 Ellery Ave in Newark City, NJ is listed for $750,000. Built in 1952, on a 0.11 acres lot.
Welcome to this EXTREMELY RARE FOUR FAMILY investment opportunity in Newark's sought-after Vailsburg section this four-family fixer-upper offers exceptional potential, solid structure, and an unbeatable location just minutes from Seton Hall University.
Perfect for investors, owner-occupants, or anyone looking to add value through renovation. This multi-family home sits on a quiet residential block with classic Newark character. With the right vision, it can be transformed into a high-performing income property. The parking availability alone sets it apart rare for the area and highly desirable for tenants. Its proximity to Seton Hall and South Orange adds consistent rental demand and long-term stability. 203k loans and hard money loans are welcome!
Key Features
- Built in 1952
- 0.11 acre lot
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$4,011/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
316 Ellery Ave
Newark City, NJ 07106
Property Details
Parking
Cooling
Questions & Answers
This 8-bedroom, 5-bathroom residential multi family at 316 Ellery Ave is listed at $750,000. The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.
Key features include: Built in 1952, 0.11 acre lot, 4 parking spaces.
This property is listed by ADRIAN AGRAMONTE and can be reached at 9083168530 or adrian@agramonteventures.com.
