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56 Shaw Ave

Newark City, NJ 07112-1349

8 beds
5 baths
– sqft
4,356 sqft lot
1927 build
– on site

*Excellent Investment Opportunity* in this 3 Family home on a large corner lot in thriving Newark! Boasting 8 Bedrooms, 5 Full Baths, Full Basement and ample parking, bursting with possibilities! Great for passive income, rent out all units, or live in one and rent out the others! Almost 3000 sq feet of finished living all through, the first floor unit offers 2 Beds, 2 Full Baths, Living rm, Dining rm and Eat-in-Kitchen. The second level unit offers 3 Beds, 1 Full Bath, Living Rm and Eat-in-Kitchen. Finished third floor offers 3 Beds, 1 Full Bath, Kitchen and Living area. Full Basement with storage, laundry, utilities and additional Full Bath. Separate utilities, semi-private entrances, plenty of parking and more! All in a prime commuter location just steps to public transit, shopping, dining, schools, St. Peters Park, Newark Beth Israel Medical Center, and easy access to major roads. Don't wait! Opportunity is knocking! *Showings begin Saturday 4/27

Listing courtesy of GSMLS / ROBERT DEKANSKI, 732-827-5344 / RE/MAX 1ST ADVANTAGE

Last checked: Checking… • Last updated May 3, 2024 •

MLS# 3898328 —

This property is listed in more than one place. See it here.

The Building

Construction Date/Year Built:

1927
Unit Style:

3-Three Story, Under/Over
Roof Description:

Asphalt Shingle
Exterior Description:

Vinyl Siding
Basement:

Yes
Total # of Units:

3
Building SqFt:

2,934 Sqft

Interior

Total # of Rooms:

16
Interior Features:

Blinds, Carbon Monoxide Detector, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
Basement Description:

Full, Unfinished

Location

Directions:

Wainwright St to Shaw Ave
Latitude:

40.71459
Longitude:

-74.2187

The Property

Lot Identifier:

8
Approx Lot Size:

42 Sqft
Lot Description:

Corner, Level Lot
Total Acres:

0 Sqft
Exterior Features:

Curbs, Metal Fence, Open Porch(es), Partially Fenced, Sidewalk, Storm Door(s), Storm Window(s)
Exclusions:

Personal Belongings.
Easements:

Unknown
Assessment Land:

29800
Assess Amount Land Tax:

*

Listing Agent

Contact info:

Taxes

Tax ID For Property:

1614-03063-0000-00008-0000-
Tax Year:

2023
Tax Year:

*
Tax Rate:

*
Tax Rate Year:

2023
Tax Rate Amount:

3.728
Tax Amount:

$6,464
Tax Amount:

$*
Lot ID Tax:

*
Lot Size Tax:

*
Acres Tax:

$*
Block ID Tax:

*
City Tax:

$*
County Tax:

$*
Zip Code Tax:

*

Beds

# of Bedrooms:

8
Unit 1 Bedrooms:

2
Unit 3 Bedrooms:

3
Unit 2 Bedrooms:

3

Baths

Total # of Baths:

5.00
Total # of Full Baths:

5
Unit 1 Baths:

2.0
Unit 2 Baths:

1.0
Unit 3 Baths:

1.0

Heating & Cooling

Cooling:

Window A/C(s)
Heating:

Radiators - Hot Water
Water Heater:

Gas

Utilities

Utilities:

Electric, Gas-Natural
Water:

Public Water
Fuel Type:

Oil Tank Below Ground
Sewer:

Public Sewer

Schools

Grade School:

G CARVER
High School:

WEEQUAHIC

The Community

Services:

Garbage Extra Charge
Assessment Total:

173400
Assessment Total Tax:

*
Assessment Bldg:

143600
Assess Amount Building Tax:

*

Parking

# of Parking Spaces:

4
Parking/Driveway Description:

Additional Parking, Blacktop, Driveway-Exclusive

Extra Units

Unit 1 Levels:

1
Unit 2 Levels:

1
Unit 3 Levels:

1
Unit 1 Rooms:

5
Unit 2 Rooms:

6
Unit 3 Rooms:

5
Unit 1 Handicap Modified:

No
Unit 2 Handicap Modified:

No
Unit 3 Handicap Modified:

No
Unit 1 Room Description:

Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch, Storage
Unit 2 Room Description:

Bedrooms, Dining Room, Eat-In Kitchen, Living Room
Unit 3 Room Description:

Bedrooms, Eat-In Kitchen, Living Room
Unit 1 Appliances/Equipment:

Range/Oven - Gas, Refrigerator
Unit 2 Appliances/Equipment:

Range/Oven - Gas
Unit 3 Appliances/Equipment:

Range/Oven - Gas

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/27/24 Apr 27, 2024	Listed / Active	GSMLS	$499,999
4/25/24 Apr 25, 2024	Coming Soon	GSMLS	$499,999

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This multifamily located in Weequahic, Newark, NJ 07112-1349 is currently for sale for $499,999. 56 Shaw Ave is a – square foot multifamily with 8 beds and 5 baths that has been on Estately for 10 days. 56 Shaw Ave is in the Weequahic neighborhood of Newark and has a WalkScore® of 81, making it very walkable. This multifamily is in the attendance area of New Jersey Regional Day, George Washington Carver School, Bruce St School, Chancellor Avenue School, Girls Academy Of Newark, Weequahic High School, Eagle Academy For Young Men, Early Childhood School South, Hawthorne Avenue School, and University High School.

Listing courtesy of GSMLS / ROBERT DEKANSKI, 732-827-5344 / RE/MAX 1ST ADVANTAGE

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

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