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Coming soon 09/08
    • $800,000

    431 Kerrigan Blvd, Newark City, NJ 07106

    8beds
    6,300sqft
    : 
    $5,430/mo
    Get pre-qualified
    Multi Family
    Built in 1930
    -- sqft lot
    $841,800 Zestimate®
    $127/sqft
    $-- HOA

    What's special

    Well-maintained fully ?Brick? 4-family investment property in sought-after Upper Ivy Hill of Newark offering approximately 6,300 sq. ft The first-floor units each consist of 1 Br, while the second-floor units each feature 2 Brs, providing a current configuration of 6 Brs and 4 Bths. However, with the exceptionally spacious floor plan, both first-floor units offer the potential to accommodate a second Br, increasing the property to a possible 8-Br, 4-Bth configuration. The potential annual rental income for this property is $96,000, with annual taxes amounting to $10,227. This results in a net annual income of $85,773 before utilities and debt servicing charges. Property has hardwood floors throughout and comes with newer roofing, furnace and windows. Basement is full size, standing height, partially finished with unlimited potential. This is a commuter's delight, walking distance to NYC express 107 bus, 5 minute drive to NYC train station, 15 minutes from Newark Liberty Airport, and close to major highways and shopping malls
    12 days
    180
    10

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Marvin Williams 908-422-8621,

    Coldwell Banker Realty

    Source: GSMLS,MLS#: 4048570MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • 4+ Units, Radiators - Hot Water, Natural Gas
      Appliances
      • Included: Range/Oven - Gas, Refrigerator, Electric Water Heater
      Features
      • Bedrooms, Dining Room, Eat-in Kitchen, Kitchen, Living Room, Pantry, Eat-In Kitchen
      • Flooring: Wood
      • Basement: Yes,Partially Finished,Full,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 6,300
      • Total interior livable area: 6,300 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Additional Parking, Asphalt, Off Street, Detached Garage
      • Garage spaces: 3
      • Uncovered spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Curbs, Sidewalk
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 42 x 163.8
      • Features: Irregular Lot, Level
      Details
      • Parcel number: 1614041290000000170000
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Roof: Asphalt Shingle,Flat
      Condition
      • Year built: 1930

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Fiber Optic Available

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Fire Alarm System, Smoke Detector, Carbon Monoxide Detector, Fire Extinguisher
      • Subdivision: Upper Vailsburg
      Location
      • Region: Newark

      Financial & listing details

      • Price per square foot: $127/sqft
      • Tax assessed value: $257,000
      • Annual tax amount: $10,277
      • Date on market: 9/8/2026
      • Total actual rent: 4
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
      • Electric utility on property: Yes

        Estimated market value

        $841,800

        $800,000 - $884,000

        $2,556/mo

        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Upper Vailsburg

        Getting around

        70 / 100
        Very Walkable
        55 / 100
        Good Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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