721 S 11th St
Newark City, NJ 07103
Price: $850,000
GSMLS: 3983335Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 6
Baths: 4 Full & 1 Half
Garage: No
Year Built: 2025
Acres: 0.06
Property Tax: $1,201
Description
Brand-new construction two-family home offering modern design and strong long-term value. The first unit features a spacious duplex layout, ideal for owner-occupants seeking flexibility and rental potential. Open-concept living, contemporary finishes, and quality craftsmanship throughout. Off-street parking included.This property qualifies for a five-year tax abatement, providing meaningful monthly savings and enhanced affordability.Eligible buyers may qualify for a $184,000 HOME Funds grant through the City of Newark, applied toward the purchase to support long-term homeownership. This is not a seller concession. Grant is subject to program guidelines and buyer eligibility, and deed restrictions apply.A rare opportunity to own a newly built, income-producing property with public subsidy and tax benefits in a growing Newark corridor.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
No
Interior:
n/a
Roof:
Composition Shingle
Exterior:
Stone, Vinyl Siding
Lot Size:
28X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
Built-In Garage
Parking:
1 Car Width
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Laundry Room, Living/Dining Room, Rec Room, Utility Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Laundry Room, Living/Dining Room, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
AVON AVE
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$850,000
Tax Amount:
$1,201
Land Assessment:
$31,600
Build. Assessment:
$0
Total Assessment:
$31,600
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3983335
List Date:
08-26-2025
Days On Market:
177
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Ayesha Octalien
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: GlenmontCommons.com
