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Listed by Cherise Raymond Jersey Blue Estates
$1,299,999
Est. payment /mo
8 Baths
Price Dropped by $11.7M
148 Dewey ST Newark, NJ 07112
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Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25033894
Style 4 Family
Full Baths 7
Half Baths 1
Property Sub-Type 4 Family
Property Description
BRAND NEW CONSTRUCTION! Exceptional Investment Opportunity! This stunning 3-family with a bonus accessory structure offers unparalleled income potential with 9 bedrooms, 7.5 baths on an expansive 8,000 sq ft lot. BONUS: Separate accessory structure adds incredible versatility - transform into a private studio, home gym, office suite, or guest quarters for maximum income potential! Lower Level: 2 bedrooms, 1 bath, pantry, laundry room, complete with stainless steel appliances including dishwasher, oven, range, microwave, and stackable washer/dryer. Floors 2 & 3: Each boasts 3 bedrooms, 3 full baths, pantry, laundry room, and gourmet kitchens with islands and premium finishes throughout such as designer media walls, and master bedrooms with accent walls. Perfect for owner-occupancy - live in one unit and rent the others PLUS monetize the accessory building to maximize your investment returns. The separate structure provides endless possibilities: additional rental income, private retreat space, or premium amenities that command higher rents. Prime Weequahic location near Beth Israel & convenient access to parks, quality schools, and public transportation. This turnkey property combines modern luxury with smart financial planning and an unbeatable Newark location. Don't miss this unique opportunity to own a cash-flowing asset from day one! 5 Year Tax Abatement! Schedule your private showing today. Property will be done In November!!!
Location
State NJ
County Essex
Interior
Laundry In Unit
Exterior
Garage Spaces 3.0
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