Estimated payment $5,143/month
Discover an exceptional investment opportunity a 3-unit property with a legal basement unit generating an impressive $6,700 in monthly rental income currently as owner occupied. Perfect for savvy buyers seeking passive income, or house hack! This property includes a double lot next door for parking for 12+ cars, a rare find in Newark! Conveniently located just 2 blocks from Route 21, a 6-minute drive to Newark Liberty International Airport, and 6 minutes to Newark Penn Station, this property offers an easy commute to NYC. Recently updated with new mechanicals it has been well maintained, and with plenty of potential upside or add value! Whether you're expanding your portfolio or searching for a multi-family home to occupy, this property is the one! Don't miss out schedule your viewing today!
Listing Agent
JOSEPH GORDILLO
REAL Brokerage Phone: 201-852-1687
Home Type
Est. Annual Taxes
Year Built
Home Design
Bedrooms and Bathrooms
Finished Basement
Parking
Schools
Utilities
Community Details
Listing and Financial Details
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,374 | $197,800 | $38,500 | $159,300 |
| 2022 | $7,390 | $197,800 | $38,500 | $159,300 |
| 2021 | $7,386 | $197,800 | $38,500 | $159,300 |
| 2020 | $7,516 | $197,800 | $38,500 | $159,300 |
| 2019 | $7,439 | $197,800 | $38,500 | $159,300 |
| 2018 | $7,305 | $197,800 | $38,500 | $159,300 |
| 2017 | $7,042 | $197,800 | $38,500 | $159,300 |
| 2016 | $6,804 | $197,800 | $38,500 | $159,300 |
| 2015 | $6,545 | $197,800 | $38,500 | $159,300 |
| 2014 | $6,134 | $197,800 | $38,500 | $159,300 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Price Changed | $799,000 | 0.0% | $168 / Sq Ft |
| 05/19/2025 05/19/25 | For Sale | $799,000 | -- | $168 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Cosmos Title Agency Llc | |
| Deed | $285,000 | Title Work Inc | |
| Deed | $214,120 | -- | |
| Deed | $160,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $234,000 | New Conventional | |
| Previous Owner | $279,837 | FHA | |
| Previous Owner | $403,500 | New Conventional | |
| Previous Owner | $376,000 | New Conventional | |
| Previous Owner | $48,000 | Credit Line Revolving | |
| Previous Owner | $197,000 | FHA |
$768,500
Discover an outstanding investment opportunity in the heart of Newark, NJ! This spacious and well-maintained three-family home offers a total of 10 bedrooms and 5 bathrooms, making it a perfect choice for investors seeking strong rental income or looking for ample living space. Seller is motivated. Sellers bank will allow new buyer to assume the mortgage at 3.7 percent interest rate . Great
CHRISTOPHER CLARK CORNERSTONE REALTY ASSOCIATES
$999,900
This is a rare and exceptional opportunity to acquire a well-maintained, income-generating six-family property. Each unit consists of two bedrooms, one bathroom, a spacious living room, an eat-in kitchen, and a pantry, with all utilities metered separately. The layout is identical across all units, offering consistency and ease of management. The property also includes a two-car garage, a
Hernan Castro The Real Estate Company
$849,000
Welcome to 101 Fabyan Pl, a newly renovated, spacious three-story home featuring three well-appointed units with a total of 12 bedrooms and 6 bathrooms, perfect for those seeking ample living space and modern amenities. This property offers a thoughtfully designed layout, providing both comfort and functionality for all its residents. The interior of the home has been fully updated to offer
TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT
$699,000
A fantastic income-generating three-family property located in the desirable Weequahic section of Newark. This well-maintained multi-family offers great potential for investors or owner-occupants seeking rental income.The property features spacious living units across three floors. The first and second floors each offer three bedrooms and one bathroom, perfect for tenants seeking comfort and
MARIUM HANAFY FLOROSTONE REALTY INC.
$799,000
Prime Investment Opportunity This income-producing fourplex is ready for immediate occupancy, ideal for the savvy investor and buyers looking to offset expenses with rental income. Located minutes from Seton Hall University, this property offers convenience and rental appeal. Each spacious unit features an oversized kitchen, 2 or 3 bedrooms, a dedicated dining area, and ample closets, ensuring
BLOSSOM VERNON BHHS JORDAN BARIS REALTY
Source: Garden State MLS
MLS Number: 3963843
APN: 14-01186-0000-00038
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