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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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196 Fairmount Ave , Newark City, NJ 07103
$769,000
Est. Payment: $4,196.75/mo
9 Bed
4 Bath
0.06 Acres
Status: active | Days on site: 9
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436201 - 279008
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Susan Maryanski, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Susan Maryanski
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House Description

Excellent investment opportunity in Newark! This recently updated 3-family property is being delivered COMPLETELY VACANT and offers three spacious units, each featuring 3 bedrooms and 1.5 bathrooms with functional open layouts designed for comfortable living. Recent improvements include new flooring, with new kitchens and updated bathrooms to be completed prior to closing. The property also features a large unfinished basement offering ample storage and additional potential. With ALL THREE UNITS VACANT, the new owner has the flexibility to select their own tenants, set rents, or occupy one unit while generating rental income from the others. Ideally located near schools, hospital, shopping, dining, public transportation, and major highways for convenient commuting.
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Highlights

Listed by ANDREA J. ALUMMOOTIL , HP PROVIDENT LEGACY REALTORS , 201-809-9925. Garden State MLS

Property Type

Multi-Family
Lot/Acreage
0.06

Year Built

1877

County

Essex

Listing ID

4058733

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:2
Air Cond:Window A/C(s)
Fireplaces:
Basement:Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:25X100
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Vinyl Siding, See Remarks
Sewer:Public Sewer
Principal Interest
$4,197
Taxes
$880

Home Price

$769,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$153,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,196.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,196.75 $880.08 $0.00 $5,076.83
Yearly $50,360.98 $10,561.00 $0.00 $60,921.98
Total $1,510,829.45 $316,830.00 $0.00 $1,827,659.45

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-22T22:59:27.000Z

© 2026 Garden State MLS