65 Stone St Newark, NJ 07104
Seventh Avenue NeighborhoodEstimated payment $3,193/month
About This Home
Turnkey 2-Unit Cash-Flowing Investment Newark, NJ Fully occupied multi-family generating immediate income from day one or move into one unit and let the rental income from the other dramatically offset your housing costs. Either way, this property is ready to perform.Unit Mix:First Floor 3 Bed / 1 Bath with Long-term tenants in placeSecond Floor 4 Bed / 1 Bath Long Term Tenants In PlaceBoth units benefit from a blend of housing-assisted and market tenants, providing a diversified income stream with reliable, on-time rent collection. Tenants pay their own electric and gas owner responsibility is limited to water/sewer only.Recent Capital Improvements Already Done:New roof New Separate HVAC system New sewer lineThis is a low-turnover, professionally managed asset with a proven rental history. Whether you're building a portfolio or looking for a stable first investment, this property is structured to perform from closing day forward. Investor-friendly in every sense. Very easy to show.Selling as-is, fully occupied. Rent roll and financials available to qualified buyers upon request.
Listing Agent
FARHAN YOUSUFI
KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 201-538-0389 Listed on: 04/14/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,034
Year Built
- Built in 2021 | Remodeled
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Asphalt Shingled Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Additional Features
- Basement Fills Entire Space Under The House
- 2,614 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- Net Operating Income $2,313
Listing and Financial Details
- Assessor Parcel Number 1614-00485-0000-00006-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,739 | $150,900 | $21,300 | $129,600 |
| 2024 | $5,626 | $150,900 | $21,300 | $129,600 |
| 2022 | $5,638 | $150,900 | $21,300 | $129,600 |
| 2021 | $5,635 | $150,900 | $21,300 | $129,600 |
| 2020 | $5,734 | $150,900 | $21,300 | $129,600 |
| 2019 | $5,675 | $150,900 | $21,300 | $129,600 |
| 2018 | $4,395 | $119,000 | $21,300 | $97,700 |
| 2017 | $4,236 | $119,000 | $21,300 | $97,700 |
| 2016 | $4,094 | $119,000 | $21,300 | $97,700 |
| 2015 | $3,938 | $119,000 | $21,300 | $97,700 |
| 2014 | $3,690 | $119,000 | $21,300 | $97,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2026 04/14/26 | For Sale | $499,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $33,200 | Fortuna Title Llc | |
| Deed | $330,000 | -- | |
| Deed | $136,000 | -- | |
| Deed | $86,000 | -- | |
| Deed | $45,000 | -- | |
| Deed | $12,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $133,850 | FHA | |
| Previous Owner | $81,700 | No Value Available |
Source: Garden State MLS
MLS Number: 4020475
APN: 14-00485-0000-00006
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Ask me questions while you tour the home.