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4 Beds
3 Baths
19,998 sqft

$700,000

118 Oraton St, Newark City NJ, 07104

Price per sqft$35.00
Built in2022
Property size19,998 sqft
Property typeMulti-family

Overview

Active

Listed Jul 22, 2026

Updated 2 days ago

Exceptional new construction 2-family home built in 2022, ideally located in Newark's desirable North Ward, just off Broadway between Chester and Delavan Avenues near Belleville. An outstanding opportunity for both owner-occupants and investors, the 2nd-floor apartment is vacant and ready for occupancy, while the 1st-floor apartment is occupied by a quality tenant, providing immediate rental income to offset your mortgage.The vacant 2nd-floor apartment features a bright open-concept living and dining area, a beautifully appointed kitchen with stainless steel appliances, 2 spacious bedrooms, a full bath, ample closet space, and convenient pull-down attic storage.The 1st-floor apartment offers a similar open-concept layout with stainless steel appliances, 2 generously sized bedrooms, and a full bath. This apartment also enjoys exclusive access to the finished lower level, complete with a laundry area, 1/2 bath, direct exterior access, and an exceptionally finished built-in garage featuring attractive vinyl flooring, finished walls, and abundant lighting. This versatile space provides endless possibilities for storage, a workshop, home gym, hobby area, or additional rec space.Built with modern systems, contemporary finishes, and separate utilities, this low-maintenance property offers lasting value and exceptional versatility. Conveniently located near Branch Brook Park, shopping, restaurants, major highways, and public transportation with easy access to New York City.

$4,657/mo

Est. mortgage payment based on a $700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4042354

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$12,416
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Courtesy of IDENTITY PROPERTIES with SYDNEY M. WHITE, JASON BROWN
Listing Contact: 8334433684 

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