114 Peck Ave

Newark City, NJ 07107


 

Price: $869,900

GSMLS:  4055794
Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 9
Baths: 3 Full
Garage: No
Year Built: 1925
Acres: 0.09
Property Tax: $11,865
Description
Open House Saturday 1PM–4PM.
Back on the market due to buyer's inability to perform which is a great opportunity for a new buyer! This excellent multi-family property offers strong income potential with two vacant 3-bedroom units ready for new tenants, plus a tenant-occupied first-floor unit providing existing rental income. Recent improvements include an updated roof and completed basement remediation. The spacious basement is ready for the new owner's vision and offers additional potential. Enjoy an excellent location with plenty of shopping, dining, entertainment, and everyday conveniences just a short walk away. With multiple units, existing income, recent improvements, and a desirable location, this property offers flexibility and plenty of opportunity to maximize its potential. Being sold as-is; buyer will be responsible for obtaining the Certificate of Occupancy (CO). Don't miss this opportunity!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - French Drain, Full, Unfinished, Walkout
Interior:
n/a
Roof:
Flat, Rubberized
Exterior:
See Remarks
Lot Size:
37.6X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width, Driveway-Shared
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,Dishwshr,RgOvGas,Refrig,SmokeDet
Utilities:
Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,Dishwshr,RgOvGas,Refrig,SmokeDet
Utilities:
Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,Dishwshr,RgOvGas,Refrig,SmokeDet
Utilities:
Owner Pays Water
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:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
3 Units, Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
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:
$869,900
Tax Amount:
$11,865
Land Assessment:
$48,000
Build. Assessment:
$248,700
Total Assessment:
$296,700
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4055794
List Date:
09-29-2026
Days On Market:
1
Listing Broker:
WEICHERT REALTORS
Listing Agent:
Mary Griess
 

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


RE/MAX

Town & Valley II

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


Shawn and Diane Fox
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