This spacious 3-family property in Newark offers a rare opportunity for both comfortable living and smart investing. Featuring a total of 9 bedrooms and 3 bathrooms, each unit provides generous layouts ideal for owner-occupants seeking space while generating rental income. The property includes a hard-to-find industrial-style 2-car garage perfect for personal use, storage, or additional income along with a 2-car driveway, giving you and your tenants the convenience of off-street parking. Located just minutes from the train station and light rail, commuting to NYC and surrounding areas is quick and easy, making it highly attractive for tenants. Whether you're looking to offset your monthly expenses or build long-term wealth, this property offers strong income potential and a favorable cap rate. Newark's continued growth and rental demand make this an excellent opportunity to own while investing in your future. Don't miss your chance to secure a multi-family home that works for you! Property is being sold "AS IS."
Active
$789,999
232 2nd St, Newark City, NJ 07107
9beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Off-street parkingGenerous layouts
- 164 days
- 126
- 14
Zillow last checked:
Listing updated:
Listed by:
Crystal James 973-509-2222,
Village Square Realtors
Source: GSMLS,MLS#: 4023520
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 3 Units, Natural Gas
Cooling
- 1 Unit
Appliances
- Included: Range/Oven - Gas, Refrigerator, Washer/Dryer Stacked, Stackable Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Bedrooms, Kitchen, Living Room
- Flooring: Wood
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: 1 Car Width, Detached Garage
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: 3-Three Story
- Stories: 3
- Patio & porch: Open Porch(es)
- Fencing: Metal Fence
Lot
- Size: 3,920 Square Feet
- Dimensions: 37.50 x 100
- Features: Level
Details
- Parcel number: 1614019110001000250001
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1900
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $263,300
- Annual tax amount: $10,529
- Date on market: 4/27/2026
- Exclusions: Washer and Dryer on 1st. floor.
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Listed for sale | $789,999 |
Source:  NJMLS #26014864 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lower Roseville
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