HUD Listing Period Updated: Open to All Bidders. Discover the incredible potential of this 1654 SF Cape Cod fixer upper nestled on 3.2 private acres in the prestigious Somerset Hills area of Somerset County. This property is a great opportunity for owner occupants with vision, imagination and creativity, looking to renovate and move into their new home, while generating sweat equity. You can buy and renovate this home with FHA 203K or Conv Renovation financing with as little as 3.5% if qualified, and close quickly! This property is your blank canvas whether you choose to renovate and restore its charm or demolish and build your dream luxury home on this spacious lot, the possibilities are endless. With its prime location just 1.2 miles from the Far Hills NJ Transit station on the Morris/Essex Line with direct commuter service into NY Penn Station in NYC, easy access to major highways and minutes from upscale dining, boutique shopping, and recreational attractions like Natirar Park and equestrian trails, this property offers a blend of seclusion and convenience. This property is now listed in the HUD Extended Listing Period: Open to All Bidders. Bids may only be submitted by HUD approved Brokers and their registered agents. Find Disclosures and HUDHOMESTORE link to submit bids in Media tab. Availability of home subject to Asset Manager accepting a bid from an earlier bid period or removing home from the market. Bid deadline is Daily by 11:59 PM CT. HUD Case # 352-777390.
Listing Courtesy of GARDEN STATE MLS - IDX / ERA Queen City Realty / Bill Flagg
$449,000
Newark City Area Multi-Family Home
Pending
752 S 16th St Newark City, NJ 07103
4 Bed
2 Baths
2343 sqft
MLS# 3942399
Price reduced! Nestled in the heart of Newark, a city brimming with renewed vitality, this 2343 SF two family home is an opportunity that combines convenience, investment potential, and accessible location. Newark is undergoing a transformative resurgence, emerging as a vibrant hub of arts, culture, and economic growth while maintaining the charm of urban living, offering the allure of city living without NYC's sky-high costs. Conveniently located near Newark Liberty International Airport, Newark Penn Station, and major transit and bus lines, this property is ideal for commuters seeking seamless connections to NYC and beyond.The world class Prudential Center, NJPAC, and the renowned Newark Museum of Art are minutes away, providing endless entertainment and cultural experiences. With Rutgers University, University Hospital, Audible and other major employers nearby, this located is well suited for the local workforce. This home features aluminum siding, open front porch, spacious 5 and 6 room apartments. It has newer boilers and water heaters, separate heat and utilities. Recently updated bath on second floor. This is your chance to invest in a property that offers just not a home but a stake in Newark's bright future.. Whether you are looking for a dual-income investment or a spacious HOME with rental income, this is your opportunity to be part of Newark's exciting transformation. **MULTIPLE OFFERS RECEIVED. HIGHEST, BEST & FINAL OFFERS ARE DUE BY 5:00PM ON 3/13/25**
Listing Courtesy of GARDEN STATE MLS - IDX / ERA Queen City Realty / Bill Flagg
$355,000
Newark City Area Single Family Home
Pending
43 S 9th St Newark City, NJ 07107
5 Bed
3 Baths
1575 sqft
MLS# 3944505
Welcome home to an updated 5-bedroom, 3-bath home offering 1,575 sq. ft. of comfortable living space on three floors. Newer roof, kitchen, baths, furnaces, electric service. Located in Newark's revitalizing West Ward, this home is perfect for first-time buyers, or investors looking for a great opportunity. Steps from the Donald Payne Jr. School of Technology HS, close to parks, shopping, and easy NYC commute with convenient public transportation access. Low taxes. Won't last long. Sold strictly in its AS IS condition.
Listing Courtesy of GARDEN STATE MLS - IDX / ERA Queen City Realty / Bill Flagg