50 Halstead St, Newark, NJ 07106 - Essex County

Welcome to Upper Vailsburg where you'll find a fantastic investment opportunity in a thriving Newark neighborhood! This spacious 3-family home was updated in 2012 and is move-in ready, making it ideal for both investors and owner-occupants looking to generate rental income. On the first level, you'll find a bright unit featuring 3 bedrooms, 1 bathroom, and an open living/dining area, perfect for comfortable living. The second level mirrors this layout with 3 bedrooms, 1 bathroom, a living room, and a dining room, offering ample space and flexibility. The third level has a cozy setup with 2 bedrooms, 1 bathroom, a living room, and an eat-in kitchen, giving it a warm, homey feel. The property also includes an unfinished basement with utilities and mechanicals, providing storage or future finishing potential. A privacy fence surrounds the home, adding extra security and outdoor space for tenants to enjoy. Conveniently located near the VA Medical Center and major transportation, this property is positioned in a high-demand rental area. Whether you're expanding your portfolio or searching for a home with income-producing potential, this 3-family residence offers both immediate value and long-term upside.

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