Additional details
$ 825,000
Est. payment | /mo
5 Beds
3 Baths
$ 825,000
Est. payment | /mo
5 Beds
3 Baths
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4019631
Style 2-Two Story
Bedrooms 5
Full Baths 3
Year Built 1927
Annual Tax Amount $16,088
Tax Year 2025
Adult Community No
Property Description
Discover a rare and lucrative investment opportunity at 8 Witherspoon St in Nutley. This exceptional three-family home offers immediate income-generating potential for savvy investors or owner-occupants.The property features three distinct living spaces: The basement unit offers a comfortable one-bedroom, one-bathroom finished space. The first floor offers a move-in ready unit, a recently updated unit offering two bedrooms, one bathroom, a living room, and a formal dining room. The 2nd floor is also a move-in-ready unit featuring two bedrooms, one bathroom, a living room, a dining room, and stunning hardwood floors. (Note: Furniture in the second-floor photos has been digitally removed to protect tenant privacy.)Both the first and second-floor units will be delivered vacant, giving you the immediate flexibility to move in or lease them out at market rental rates.Outside, the property continues to impress with a massive driveway offering parking for five or more vehicles, a detached two-car garage, and a beautifully expansive backyard.Registration Note: This property is legally registered as a three-family home with the township of Nutley. Should the new owner wish to register the property at the state level, it will be their sole responsibility to complete that process.Don't miss out on this fantastic multi-family asset schedule your viewing today.
Location
State NJ
County Essex
Rooms
Basement Finished-Partially
Interior
Interior Features Carpeting, Tile Floors, Wood Floors
Heating Gas-Natural
Cooling Central Air, See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Lot Description Skyline View
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by JK REALTY
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