$799,995

9496 S Devine St Newark City, NJ 07106

$9,500
Closing credit¹
8 beds
4 full
0.10 acres
Multi-Family

Property details

About 9496 S Devine St

Discover the incredible potential of this spacious four-family home, thoughtfully designed for both comfort and investment. Each unit features two generously sized bedrooms with the possibility of converting some of the units to a 3 bedroom, providing ample living space that appeals to homeowners and renters alike. The modern, well-equipped kitchens and move-in-ready interiors make this an excellent opportunity for immediate occupancy or rental income. This property offers even more value with 2 separate partially finished basements, ideal for additional storage or future renovation to further enhance its value potential. The large lot includes four garages, providing convenient parking for all units or the option to generate extra income. The sprawling backyard is perfect for outdoor gatherings, adding to the appeal of this fantastic property. Location is key! Situated just seconds from the Garden State Parkway, this home offers easy access to public transportation, making commuting a breeze. Plus, with a beautiful public park nearby, residents can enjoy outdoor recreation just moments from their doorstep. All units are currently occupied with a monthly term. The estimated rent roll for each unit is $1,600-$1,800 Don't miss this exceptional income-producing and appreciation opportunity! Whether you're an investor looking to expand your portfolio or a homeowner seeking rental income, this property is a smart financial move.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
BasementYes
Lot size0.1 Acres
Year built1952
Parking1 Car Width, Detached Garage
MLS #3945967
Garage4 spaces

Summary

  • MLS Number: 3945967
  • Office Name: EXP REALTY, LLC
  • Office Phone: (862) 283-1281

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Last updated on: 3/3/2025, 12:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of entrance to property

$799,995

9496 S Devine St

$9,500

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

2

Grove Street Elementary School

Public District PK-5

0.3 mi

602 Grove St

2

University Elementary School

Public District PK-5

0.5 mi

1 University Pl

3

Berkeley Terrace Elementary School

Public District PK-5

0.7 mi

787 Grove St

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 $25,817. The majority of Newark City, NJ residents have income less than $<35k annually. Residents typically live in single, with kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

72%
<35k
22%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

40%
Single, No Kids
43%
Single, with Kids
7%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
34%
35-64 yrs old
7%
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
  • H&MH&M
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • HondaHonda
  • KiaKia

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 9496 S Devine St in Newark City, NJ and zip code 07106 in the West Ward neighborhood. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $799,995.

The inventory of homes for sale in Newark City, NJ between January and February 2025 increased by 18.4%. Listings spent 100 days on the market in February 2025, and had a median list price of $495,000 during the same period.

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

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