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.
741 Highland Ave, Newark City NJ 07104-2305
Property City
Newark City
Property Price
$569,999
Rooms
9
Bedrooms
4
Bathrooms
1.10
Year Built
1897
Tax Annual Amount
$6522
TaxYear (*text)
2025
BathroomsFull
1
Roof (*text)
Asphalt Shingle
Lot Size Area
0.09
MLS Status
Active
MLS #
4012438
Yearly Tax Rate
3.999
Year Built (*numeric)
1897
Basement
Yes
Roofing (*text)
Asphalt Shingle
Basement (*text)
Yes
Cooling (*text)
None
FireplacesTotal (*text)
1
GarageSpaces
1
Heating
Radiators - Steam
Lot Size Dimensions
37.6X100
Data import from
GSMLS