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$ 1,100,000
Est. payment | /mo
10 Beds
5 Baths
3,049 Sqft Lot
$ 1,100,000
Est. payment | /mo
10 Beds
5 Baths
3,049 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4057867
Style 3-Three Story
Bedrooms 10
Full Baths 5
Year Built 1900
Annual Tax Amount $12,908
Tax Year 2025
Lot Size 3,049 Sqft
Property Description
Fantastic four-family investment opportunity in a convenient Downtown Newark location. This well-positioned multifamily property features two spacious 4-bedroom apartments and two 1-bedroom apartments, with one unit currently vacant and three units occupied, offering an investor immediate rental income with additional upside. The property also includes a semi-finished basement and private backyard, providing valuable additional space.Ideal for investors looking to expand their rental portfolio or owner-occupants seeking to live in one unit while generating rental income from the others. Conveniently located near public transportation, shopping, dining, schools, and major Newark amenities, with easy access to Newark's downtown transportation network and commuter connections. A strong opportunity for both seasoned investors and buyers looking to add a multifamily property to their portfolio.
Location
State NJ
County Essex
Rooms
Basement Finished-Partially, Full
Interior
Heating Gas-Natural
Cooling 4+ Units, Ductless Split AC
Heat Source Gas-Natural
Exterior
Exterior Feature Brick
Parking Features None
Utilities Available Electric, Gas-Natural
Roof Type Flat
Garage Yes
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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