319 Renner Ave, Newark, NJ 07112

Description

Turn-key, newer construction two-family home, just two years old, offering strong income potential, flexibility, and long-term tax savings. Unit 1 features 5 bedrooms and 3 full bathrooms, with a finished basement. Unit 2 offers 3 bedrooms and 2 full bathrooms and is currently tenant-occupied, providing immediate rental income. The property includes a 2-car garage and private driveway parking located on the left side. Approximately three years remain on the existing tax abatement, offering significant savings to the next Owner. Excellent opportunity for Owner-occupants looking to offset mortgage expenses or investors seeking a low-maintenance, income-producing property.