420 18th Ave, Newark, NJ 07108

Property Description

Opportunity to own a multi-family property with strong value-add potential in Newark. The property features 9 bedrooms, 6 bathrooms, and a full basement, with existing plans for a potential 3-family conversion (buyer to verify all approvals and zoning). The ground floor space offers flexibility for possible residential conversion or garage use. The property is being sold as-is and requires renovation. Notable conditions include missing tiles in the first-floor bathroom, and on the third floor, a hole in the exterior trim, a hole in the wall, discoloration under the living room window, a missing bedroom wall, and prior ceiling discoloration in the living room. Buyer is responsible for all inspections, certifications, and approvals.