Income-Generating 4-Family
Investor’s Dream – Over 7.7% Cap Rate! ??
This turnkey multi-family property offers 4 spacious apartments , each featuring:
2 Bedrooms, 1 Bathroom
Modern Kitchens & Comfortable Layouts
Central A/C for Year-Round Comfort
Added Value: 4 Garages provide extra rental income
Prime Location – High-demand rental area with strong appreciation potential.
Solid Cash Flow – Achieve long-term wealth with over 7.7% cap rate and potential to increase
Invest with Confidence – Call Today for Financials & Showings!
Sold for $820,000
$820,000
63 Davenport Ave, Newark, NJ 07107
8beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$848,500 Zestimate®
$--/sqft
$2,413 Estimated rent
Home value
$848,500
$747,000 - $967,000
$2,413/mo
Zestimate® history
Owner options
List your home for rent
$2,413/mo
Rent Zestimate®
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$2,413/mo
Rent Zestimate®
Refinance and save
$5,832/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,832/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
BOGDAN RUS 201-877-5815,
CITYLIVING REAL ESTATE LLC
Bought with:
, 2186044
CITYLIVING REAL ESTATE LLC
Source: HCMLS,MLS#: 250001906
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: None
Property
Parking
- Parking features: 3+ Cars, Garage
- Has garage: Yes
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary,Multi Level
Materials
- Aluminum Siding
Community & HOA
Location
- Region: Newark
Financial & listing details
- Annual tax amount: $15,736
- Date on market: 6/19/2025
- Inclusions: ALL APPLIANCES
- Exclusions: OWNER'S PERSONAL PROPERTY
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2025 | Sold | $820,000+4.1% |
Source: HCMLS #250001906 Report a problem | ||
| 1/29/2025 | Listed for sale | $788,000 |
Source: HCMLS #250001906 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Upper Roseville
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Nearby schools
GreatSchools rating
- 5/10Abington Ave. Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Barringer High SchoolGrades: 9-12Distance: 1.3 mi
- 8/10Technology High SchoolGrades: 9-12Distance: 1.3 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$848,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$848,500
- New Jersey
- Essex County
- Newark
- 07107
- Upper Roseville
- 63 Davenport Ave
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