Excellent investment opportunity in Newark's desirable 07104 area! This 3-family property offers strong income potential and additional living space with a finished bonus basement. Unit 1 features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Units 2 and 3 each offer 3 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. The finished basement includes 2 bedrooms, a living room, and a semi-kitchen setup, providing flexible use options. Property requires TLC and presents an ideal value-add opportunity for investors or owner-occupants looking to renovate and maximize returns. Property may be delivered vacant, allowing the next owner to complete modern updates and achieve market rents. Conveniently located near transportation, shopping, schools, and major highways. Being sold as-is. Buyers responsible for conducting their own due diligence regarding legal use and municipal requirements.
54 days
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220
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11
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Zillow last checked:
Listing updated:
Listed by:
Luiz Bento862-405-1152,
Xentry Property Group Llc
Source: GSMLS,MLS#: 4031549
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Heating
3 Units, Natural Gas
Cooling
Window Unit(s)
Appliances
Included: See Remarks
Features
Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
Basement: Yes,Finished,Full
Has fireplace: No
Interior area
Total structure area: 0
Property
Parking
Parking features: None
Features
Levels: 3-Three Story
Stories: 3
Lot
Size: 2,613 Square Feet
Dimensions: 25 x 100
Details
Parcel number: 1614004830000000770000
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Aluminum Siding
Roof: See Remarks
Condition
Year built: 1882
Utilities & green energy
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected, See Remarks
Community & HOA
Location
Region: Newark
Financial & listing details
Tax assessed value: $169,600
Annual tax amount: $6,782
Date on market: 6/2/2026
Exclusions: Owners personal property
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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