$799,000

Estimated payment $5,031/month

Total Views 817
7 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Discover a rare gem in Newark's North Ward: an income-producing, four-unit property featuring a ground-floor unit with commercial potential. Currently, fully occupied, this asset offers immediate cash flow. The first floor tenant will vacate soon, presenting a valuable opportunity to convert the space into high-demand commercial use or retain as residential. Situated near light rail and NJ Transit bus lines- steps from Newark Penn Station- and surrounded by high foot and vehicle traffic, the location ensures excellent visibility and accessibility for both renters and customers. Ideal for sophisticated investors or owner-occupiers seeking to live in one unit and rent others. This property is within C-1 zoning ( Commercial-neighborhood). Please do your own due diligence. One of the units is in the back (rear unit) Agent Remarks: Please contact the listing agent to schedule your appointments. best time to show after 5pm. or weekends. It requires 24-hour notice.

Listing Agent

Esther Guerra

Dias & Associates Listed on: 07/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,283

Lot Details

  • 2,409 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 45 / 597

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,283

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-751-1552
  • MLS Status: Active - Active
  • Directions: Bloomfield Avenue., to N. 6TH.
  • Architectural Style: 4 Family
  • Year Built Details: 2020's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7

Exterior Features

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

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 2409.0

Tax Info

  • Tax Annual Amount: 9283.0
  • Tax Block: 597
  • Tax Lot: 45

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
07/31/2025 07/31/25 For Sale $799,000 -- --
Source: New Jersey MLS

Source: New Jersey MLS

MLS Number: 25027171

New Jersey MLS