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$795,000
Est. payment /mo
12 Beds
5 Baths
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4001324
Style Fourplex, See Remarks
Bedrooms 12
Full Baths 5
Annual Tax Amount $10,880
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
This gem is the perfect addition to your investment portfolio with this rare multi-family property featuring two separate structures on one expansive lot. The front building offers a three-family layout, while the rear structure houses an additional two-unit structure, providing a total of five units. Four units are currently occupied with stable tenants, generating immediate income. One unit requires rehab, offering value-add potential for increased future returns. Equipped with seperate utilities and a large fenced in yard. Perfect for a seasoned investor or buyer searching for their first multi-family acquisition. This property delivers strong cash flow, upside potential, and long-term stability. Close to mass transportation making a commute into Downtown Newark and into NYC a breeze. Minutes to Rutgers Hospital, Rutgers Newark and NJIT.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Heating Electric, Gas-Natural
Cooling Window A/C(s)
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Corner
Sewer Public Sewer
Water Public Water
Architectural Style Fourplex, See Remarks
Others
Senior Community No
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Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by MONARCH REALTY & ASSOCIATES
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