$5,926

closing credit¹

94 Willoughby St Newark City, NJ 07112

$499,000
6 beds
2 full
0.06 acres
Multi-Family

Property details

About 94 Willoughby St

Investor's Dream! 2 family Home in NEWARK NJ An Excellent Income Potential. Welcome to 94 WILLOUGHBY ST NEWARK, NJ, a spacious and well-maintained 2 unit home offering fantastic investment potential! This property features 2 distinct units, each providing a great living space and strong rental income. perfect for investors or Owner-occupants looking to offset their mortgage with rental income. Unit 1: 3 bedrooms, 1 full bathroom, offering ample living space. This unit features a bright living area, nice kitchen, and plenty of closet space. Unit 2: Another 3 bedroom, 1 bathroom unit with similar layout and size, ideal for someone looking for spacious accommodations. unit 1 can use TLC, both units have separate utilities, making this property easy to manage. The property also offers a large yard for you to enjoy, off-street parking, and is conveniently located near schools, parks, shopping, and public transportation for easy commuting. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this multi-family home is a rare find in Newark growing rental market. Don't miss the opportunity to generate consistent rental income from this well-located, income-producing property! Schedule your showing today!

Highlights

Home typeMulti Family
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.06 Acres
Year built1917
Parking2 Car Width, Driveway-Shared
MLS #3944628

Summary

  • MLS Number: 3944628
  • Office Name: KELLER WILLIAMS VALLEY REALTY
  • Office Phone: (201) 391-2500

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Last updated on: 2/6/2025, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bedroom with hardwood / wood-style flooring

$499,000

94 Willoughby St

$5,926

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

George Washington School

Public District 5-5

0.7 mi

1530 Leslie St

4

Thurgood Marshall Elementary School

Public District PK-5

0.8 mi

141 Montgomery Ave # 181

3

Mt. Vernon Avenue Elementary School

Public District KG-5

0.9 mi

54 Mount Vernon Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,792. The most common annual income of people living in Newark City, NJ is less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

56%
<35k
26%
35k-100k
18%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
39%
Single, with Kids
9%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
12%
12-17 yrs old
26%
18-34 yrs old
34%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 94 Willoughby St in Newark City, NJ and zip code 07112 in the Weequahic neighborhood. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $499,000.

In January 2025 in Newark City, NJ there were 14.9% more homes for sale than in December. Listings spent 104 days on the market in January 2025, and had a median list price of $498,990 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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