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6 Beds
2 Baths

$550,000

197 Weequahic Ave 2, Newark City NJ, 07112

Built in1897
Property typeMulti-family

Overview

Active

Listed Oct 14, 2026

Updated 36h ago

Welcome to the classic Weequahic Section. Unmatched investment potential awaits in this prime corner lot two-famly home situated just one block away from the iconic Beth Israel Medical Center. Offering a fantastic opportunity for investors or savvy own occupant buyers looking to customize, the property features a unique two-level upper unit layout with abundant space and natural light coming through oversized bay windows. While the home requires cosmetic updates and TLC throughout to really shine its absolute best, its functional footprint, private driveway, huge wrap around porch, desirable corner positioning, and unbeatable proximity to local healthcare facilities, highway access, downtown Newark locations present a solid canvas for transformation. Schedule an appointment, bring your vision, contractor, or design ideas to unlock the full equity and rental income potential of this promising multi-family asset. Ask about special attractive financing rates to take advantage for this neighborhood.

$3,659/mo

Est. mortgage payment based on a $550,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4059048

Interior Features

Bedrooms
6
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$8,825
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of BHHS FOX & ROACH with MICHELE CHILES-HICKMAN,
Listing Contact: 9737445544 

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