59 Beverly St

Newark City, NJ 07108


 

Price: $650,000

GSMLS:  4018479
Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 7
Baths: 4 Full
Garage: 1-Car
Year Built: Unknown
Acres: 0.08
Property Tax: $7,678
Description
59'61 Beverly Street is a compelling three family investment opportunity offering strong upside and flexible use. This well proportioned property features a two car garage, a full walk out basement, and a fenced in yard, providing both functionality and future potential.The first and second floor units each offer three bedrooms, an eat in kitchen, a living room, and a full bathroom, while the third floor unit includes one bedroom, a kitchen, and a full bath'ideal for rental income, extended living, or owner occupancy options.A partially finished full walk out basement adds valuable space and flexibility, and all units are equipped with essential appliances, making the property immediately functional and ready for updating to maximize value.Conveniently located near major highways, shopping, the airport, and a nearby train station, this property is well positioned to attract and retain reliable tenants. Whether you're an investor seeking a value add opportunity or a buyer looking to live in one unit while generating rental income, this property presents outstanding potential.Don't miss the chance to unlock the full potential of this income producing multi family property.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Finished-Partially
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Wood Shingle
Lot Size:
50X73.10 AVG.
Lot Desc:
n/a
Parking
Garage Capacity:
1-Car
Description:
Detached Garage, Garage Parking
Parking:
2 Car Width, Blacktop
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Pantry, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Pantry, Storage
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Radiators - Hot Water, Radiators - Steam
Heating Fuel:
Electric, Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$650,000
Tax Amount:
$7,678
Land Assessment:
$22,300
Build. Assessment:
$169,700
Total Assessment:
$192,000
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4018479
List Date:
04-01-2026
Days On Market:
0
Listing Broker:
LARA REALTY CORP
Listing Agent:
Tajudeen A Ajadi
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHillsRockaway.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox