93 Davenport Ave Newark, NJ 07107
- Commercial real estate
- 1 SF
Current Use by Public Records
- Commercial real estate
Property Details for 93 Davenport Ave
- Property size
- 1 SF
- Property type
- Commercial real estate
Description
This exceptional four-unit brick apartment building presents a compelling investment opportunity in Newark, New Jersey's desirable upper Roseville neighborhood. Located at 93 Davenport Ave, 07107, this property offers four spacious units, each boasting three bedrooms and one bathroom. The units are generously sized, providing ample living space for residents. All utilities are separately metered for efficient management and cost allocation. Adding to the property's appeal are two garages, providing secure parking and valuable extra storage for tenants. The building's brick construction ensures durability and low maintenance. Its convenient location offers easy access to local amenities, schools, and public transportation, enhancing its desirability to renters. The strong rental market in Newark makes this a particularly attractive investment, promising consistent rental income. This property is ideally suited for both experienced investors seeking a solid addition to their portfolio and first-time buyers looking to enter the real estate market. The asking price is $1,299,000. This is a rare opportunity to acquire a well-maintained multifamily property in a thriving Newark neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1831774
- Latitude
- 40.7742145
