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$769,000
1 Day On Site

196 Fairmount Ave
Newark City, NJ 07103

For Sale|Multi Family|Active
9
Beds
5
Total Baths
3
Full Baths
2
Partial Baths
1877
Built
County:
Essex

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196 Fairmount Ave196 Fairmount Ave196 Fairmount Ave196 Fairmount Ave
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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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Listing Snapshot
Price 
$769,000
Days On Site 
1 Day
Bedrooms 
9
Inside Area (SqFt) 
N/A
Total Baths 
5
Full Baths 
3
Partial Baths 
2
Lot Size 
0.06 Acres
Year Built 
1877
MLS® Number 
4058733
Status 
Active
Property Tax 
$10,561
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
18 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.06
Number Of Stories 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Style 
3-Three Story
Water Source 
Public
Interior Features
Basement 
Unfinished
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
Asphalt
Listing courtesy of PROVIDENT LEGACY REALTORS

The data relating to real estate for sale on this website 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. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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