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    • $799,999

    485 18Th Ave #999, Newark City, NJ 07103

    --beds
    5baths
    1,800sqft
    : 
    $5,430/mo
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    Apartment
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $444/sqft
    $-- HOA

    What's special

    Mixed-use investment opportunity featuring five income-producing units. The street-level unit is currently configured and occupied as a 2-bedroom, 1-bath unit, with potential commercial use subject to applicable zoning, approvals, and permitted use. The second and third floors each contain two 1-bedroom, 1-bath apartments with living room and kitchen, for a total of four residential units. All units are currently month-to-month with a history of timely rent payments. Current monthly gross income is $5,600, totaling $67,200 annually. Reported annual operating expenses are $14,626, resulting in NOI of $52,574 and an estimated 6.58% cap rate based on the current asking price. Convenient Newark location with access to public transportation and major roadways. Rent roll and financial information available for review. All income, expenses, permitted uses and financial information to be independently verified by buyer.
    6 days
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    49
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Moriello 908-451-2311,

    Real,

    Joseph W. Mettle

    Source: GSMLS,MLS#: 4047292MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 5
      Heating
      • Baseboard - Hotwater, Natural Gas
      Cooling
      • Central Air
      Features
      • Doors: Max Door Height: 0
      • Basement: None
      Interior area
      • Total structure area: 1,800
      • Total interior livable area: 1,800 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 3
      Lot
      • Size: 1,742 Square Feet
      • Dimensions: 33.1 x 54
      • Features: See Remarks
      Details
      • Parcel number: 1614003140000000140000
      • Zoning description: C2
      • Other equipment: See Remarks

      Construction

      Type & style
      • Home type: Apartment
      • Property subtype: Apartment
      • Attached to another structure: Yes
      Materials
      • Brick/Block
      • Roof: Asphalt Shingle
      Condition
      • Updated/Remodeled
      • Major remodel year: 2019

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, See Remarks

      Community & HOA

      Location
      • Region: Newark

      Financial & listing details

      • Price per square foot: $444/sqft
      • Tax assessed value: $195,700
      • Annual tax amount: $7,826
      • Date on market: 8/17/2026
      • Inclusions: Building & Land
      • Ownership type: Fee Simple
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/17/2026Listed for sale$799,999$444/sqft
        Source: GSMLS #4047292 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.
        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: West Side

        Getting around

        82 / 100
        Very Walkable
        59 / 100
        Good Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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