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Listed by Esther Guerra Dias & Associates
$ 799,000
Est. payment | /mo
4 Baths
$ 799,000
Est. payment | /mo
4 Baths
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25027171
Style 4 Family
Full Baths 4
Property Sub-Type 4 Family
Property Description
Discover a rare gem in Newark's North Ward: an income-producing, four-unit property featuring a ground-floor unit with commercial potential. Currently, fully occupied, this asset offers immediate cash flow. The first floor tenant will vacate soon, presenting a valuable opportunity to convert the space into high-demand commercial use or retain as residential. Situated near light rail and NJ Transit bus lines- steps from Newark Penn Station- and surrounded by high foot and vehicle traffic, the location ensures excellent visibility and accessibility for both renters and customers. Ideal for sophisticated investors or owner-occupiers seeking to live in one unit and rent others. This property is within C-1 zoning ( Commercial-neighborhood). Please do your own due diligence. One of the units is in the back (rear unit) Agent Remarks: Please contact the listing agent to schedule your appointments. best time to show after 5pm. or weekends. It requires 24-hour notice.
Location
State NJ
County Essex
Interior
Laundry None
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Thomas Mikalouskas
REALTOR® | Lic# 0235388