Positioned in NewarkÁ¢‚¬„¢s highly desirable Ivy Hill neighborhood, just steps from Seton Hall University, this 4-family property, with 8 bedrooms and 5 full baths, presents a rare opportunity for investors and owner-occupants alike. Enjoy convenient access to the lifestyle and amenities of South Orange Village and the greater SOMA community without the premium price tag. Commuters will appreciate
Positioned in NewarkÁ¢‚¬„¢s highly desirable Ivy Hill neighborhood, just steps from Seton Hall University, this 4-family property, with 8 bedrooms and 5 full baths, presents a rare opportunity for investors and owner-occupants alike. Enjoy convenient access to the lifestyle and amenities of South Orange Village and the greater SOMA community without the premium price tag. Commuters will appreciate the nearby train service providing easy access to New York City. What sets this property apart? Aside from low property taxes and four income-producing units, the home features a finished basement with three additional rooms and a full bathroom, offering valuable flexibility and potential. The building is equipped with separate gas and electric meters, separate and new hot water heaters, and three out of four newer boilers, providing operational efficiency and ease of management. The property offers strong potential for student housing, making it an attractive long-term investment with strong upside. Whether you’re seeking immediate cash flow, future appreciation, or a combination of both, this asset checks all the boxes for a buy-and-hold strategy. The property also includes four garages and long driveway, providing additional value and income potential. Property and garages are being conveyed in as-is condition.
Since 1993, Century21 Semiao & Associates has been a trusted name in Northern New Jersey real estate, under
Since 1993, Century21 Semiao & Associates has been a trusted name in Northern New Jersey real estate, under the leadership of Broker-Owner Fernando G. Semiao, with over 30 years of experience. Our team of award-winning Seller and Buyer Agents are continuously trained to navigate the latest laws and trends shaping the industry, ensuring our clients receive the most up-to-date guidance and support.
Century 21 Semiao & Associates provides a range of professional services tailored to residential and commercial clients. With four strategically located offices, we offer unparalleled expertise in residential and commercial sales and leasing, appraisals, property management, relocation services, REO and pre-foreclosures, short sales, development, and consulting. Our team provides personalized service tailored to the unique needs of each client, ensuring seamless transactions and optimal outcomes. Our Agents and Staff are fluent in over 20 languages which enables us to serve clients from diverse backgrounds with ease.
As members of Century21 System and five residential multiple listing services, we boast unparalleled access to properties and resources, enhanced by our affiliation with the Commercial Investment Network with over 3,000 members, further enhances our capabilities in delivering comprehensive real estate solutions.
Our commitment to excellence has earned us prestigious awards from the Century 21 System, including the President’s Award, Centurion Award, and Quality Service Pinnacle Award for many years. Beyond real estate, we’re dedicated to giving back, raising over $100,000 for Easter Seals of New Jersey, and earning The Easter Seals Corporate Chairman’s Roundtable Award. We are also proud sponsors of local sports programs.
At Century21 Semiao & Associates, we’re not just in the business of real estate— we are partners in your journey, dedicated to exceeding expectations and achieving your goals.
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Last updated
Yesterday
First listed
Jun 22
Listing reference
59092F23-CD0F-41FC-9E6A-6AC58623131D
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