$ 775,000

Rare Investor Opportunity in Newark's Historic Ironbound!Don't miss this fully occupied, brick 2-family property in the heart of Newark's sought-after Ironbound section directly across from vibrant and updated Independence Park and next to East Side High School. This charming pre-war building offers historic character and strong rental appeal.Unit 1 features 2 spacious bedrooms, a renovated bath, stainless steel eat-in kitchen, large dining and living rooms, plus a cozy porch with park views. Unit 2 offers 3 large bedrooms, a renovated bath, a sun-filled eat-in kitchen, and an enclosed balcony/sunroom overlooking the park. Additional features include for both units: high ceilings, parquet and mosaic flooring, central air and heat, new electric/plumbing, and separate utilities add to the appeal.The fully finished basement is ideal for extra value, complete with stone-style flooring, 2 full bathrooms, 1 additional room, summer kitchen, large recreational/office/gym potential, and coin-operated laundry room. Endless possibilities! Located near major roads, public transportation, restaurants, and shops this is a perfect addition to your investment portfolio!