741 Highland Ave

Newark City 07104

$399,999

4 bd / 1 ba

Property Tax: $6,522/year

Opportunities like this rarely hit the market in the prestigious Forest Hill, Newark section of Newark, New Jersey. Introducing this SPACIOUS 4BR / 1.5BA single-family home! A RARE opportunity to own in one of Newark’s most desirable neighborhoods at a discount, with clear upside for investors or savvy buyers looking to add value. The home is in good overall condition but ready for cosmetic updates, making it an ideal candidate for a value-add renovation strategy. Whether you’re planning to modernize and hold, or renovate and reposition the property, the opportunity to build equity through improvements is clear. The property offers off-street parking which is absolute GOLD in this part of Newark, adding significant everyday convenience and long-term resale appeal. With continued demand for housing in Newark and limited inventory in Forest Hill, Newark, this property presents a rare chance to secure a foothold in a historic neighborhood while creating immediate value through renovation. Smart investors know the strategy: Buy right. Renovate smart. Refinance into equity. The real here question is, who’s going to recognize the potential first? This property will be sold AS-IS. P

Listed By:

: (973) 424-7066,
COOPER MCKELVEY REAL ESTATE CO.
Source: gsmls, MLS#: 240775359

Schedule a tour with a SILVERMAN agent

719 Cypress Street

6 bd / 4 ba
$1,300,000

25 Ackerman Road

6 bd / 4 ba
$2,449,000

75 Mazur Place

5 bd / 4 ba
$1,125,000

200 Stabled Way

10 bd / 10 ba
$22,500,000

675 Ramapo Valley Road

21 bd / 19 ba
$19,000,000

161 18th #4C

1 bd / 1 ba
$285,000