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261 Lake St

Newark City, NJ 07104
  • $520,000
  • STATUS: Active Under Contract
  • ON SITE: 196 Days
  • MLS #: 3977750
Under Contract
UPDATED: 108 min ago
$520,000
  • 5
    BEDS
  • 0.05
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2012
County:
Area:

School Ratings & Info

Description

Discover an exceptional opportunity with this well-kept 2-family home, perfectly situated in Newark's prestigious Forest Hill Neighborhood. This versatile property caters to a range of buyers, from savvy Investors to those seeking comfortable owner-occupancy or a strategic house-hacking situation. Enjoy the tranquility of the surrounding area, with easy access to the lush greenery of Branch Brook Park, and a private backyard for outdoor enjoyment. This property presents an outstanding chance to capitalize on a prime location and a home that is ready for many different living situations

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-02-07T23:48:36.863.
www.trompeterrealestate.com/homes/166319312
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261 Lake St Newark City, NJ 07104

  • Price: $520,000
  • Status: Active Under Contract
  • On Site: 196 Days
  • Updated: 108 min ago
  • MLS #: 3977750
5
Beds
2
Baths
0
½ Baths
0.05
Acres
2012
Built
County:
Essex
Area:
Newark City
Property Description
Discover an exceptional opportunity with this well-kept 2-family home, perfectly situated in Newark's prestigious Forest Hill Neighborhood. This versatile property caters to a range of buyers, from savvy Investors to those seeking comfortable owner-occupancy or a strategic house-hacking situation. Enjoy the tranquility of the surrounding area, with easy access to the lush greenery of Branch Brook Park, and a private backyard for outdoor enjoyment. This property presents an outstanding chance to capitalize on a prime location and a home that is ready for many different living situations
Exterior Features

Approximate Lot Size 20.4X100 Exterior Description Brick Exterior Features FencVnyl Number Of Parking Spaces 0 Parking Driveway Description See Remarks Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-Partially Cooling None Heating Baseboard - Electric Interior Features Carbon Monoxide DetectorHigh Ceilings Total Number Of Rooms 10 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomLiving/Dining RoomPantryMaster Bedroom Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 917 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving RoomLiving/Dining RoomPantryMaster Bedroom Unit2 Rooms 5 Unit2 Sq Ft 917

Property Features

Assessment Total 89300 Building Assessment 69300 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 20000 Net Operating Income 0 Sewer Public Sewer Tax Amount 3396 Tax Rate Amount 3.803 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Utilities See Remarks Water Public Water Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of WEICHERT REALTORS: 732-874-0919.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-02-07T23:48:36.863.
 
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