$949,000

Estimated payment $6,023/month

Total Views 361
21 Beds
8 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Beautiful 4-Family Investment Opportunity in the Weequahic section of Newark! Discover this expansive side-by-side 4-family home, offering an exceptional investment opportunity in the desirable Weequahic section of Newark. Each of the 4 main units features 3 bedrooms and 1 bathroom, a large kitchen and a family room, all tastefully renovated in 2021 with newer roof, siding, and windows. The property also boasts two bonus units on the 3rd floor, each equipped with a kitchenette and full bathroom, plus a spacious basement with 7 additional rooms and 2 bathrooms, providing excellent flexibility for various uses. The property has abundant space in each unit with large bedrooms, high ceilings, large kitchens and generous sized living rooms. With a total of 21 bedrooms and 8 bathrooms across 6,952 square feet on a 50 x 100 lot, this property offers incredible versatility perfect for use as a short-term rental operation, or as a traditional multi-family investment with added income potential. Additional highlights include a backyard, proximity to transportation, shopping, dining, and schools, and the potential for strong rental returns in a high-demand area. Don't miss this rare opportunity to own a turnkey multi-family property with endless possibilities!

Listing Agent

James DellOmo

RE/MAX First Realty II Listed on: 09/05/2025

RE/MAX First Realty II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,709

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 8 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 30 / 3048.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,709

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 908-664-1500
  • MLS Status: Active - Active
  • Directions: Off Lyons Ave, between St James Pl and Aldine St.
  • Architectural Style: 4 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 8
  • Total Bedrooms: 21
  • Basement Remarks: Finished, full

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: See Remarks, Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 10709.0
  • Tax Block: 3048.
  • Tax Lot: 30

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $949,000 -- --
Source: New Jersey MLS

Similar Home in Newark, NJ

  • 24 Willoughby St Unit 26, Newark, NJ 07112

    $949,000

    • 21 Beds
    • 8 Baths
    • 6,952 Sq Ft
    • 24 Willoughby St
    • Unit 26
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    Beautiful 4-Family Investment Opportunity in the Weequahic section of Newark! Discover this expansive side-by-side 4-family home, offering an exceptional investment opportunity in the desirable Weequahic section of Newark. Each of the 4 main units features 3 bedrooms and 1 bathroom, a large kitchen and a family room, all tastefully renovated in 2021 with newer roof, siding, and windows. The

    James DellOmo RE/MAX FIRST REALTY II

    Section Image

Source: New Jersey MLS

MLS Number: 25031721

New Jersey MLS