200 Eastern Pkwy, Newark City, NJ 07106
200 Eastern Pkwy, Newark City, NJ 07106
200 Eastern Pkwy, Newark City, NJ 07106
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
$850,000
Est. payment /mo
8 Beds
5 Baths
3,600 SqFt
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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $236

MLS Listing ID 4035987

Style Fourplex

Bedrooms 8

Full Baths 5

Year Built 1932

Annual Tax Amount $9,993

Tax Year 2025

Lot Size 5,227 Sqft

Property Description

Positioned in Newark?s highly desirable Ivy Hill neighborhood, just steps from Seton Hall University, this 4-family property, with 8 bedrooms and 5 full baths, presents a rare opportunity for investors and owner-occupants alike. Enjoy convenient access to the lifestyle and amenities of South Orange Village and the greater SOMA community?without the premium price tag. Commuters will appreciate the nearby train service providing easy access to New York City. What sets this property apart? Aside from low property taxes and four income-producing units, the home features a finished basement with three additional rooms and a full bathroom, offering valuable flexibility and potential. The building is equipped with separate gas and electric meters, separate and new hot water heaters, and three out of four newer boilers, providing operational efficiency and ease of management. The property offers long-term investment potential with strong upside. Whether you're seeking immediate cash flow, future appreciation, or a combination of both, this asset checks all the boxes for a buy-and-hold strategy. The property also includes four garages and long driveway, providing additional value and income potential. Property and garages are being conveyed in as-is condition.

Location

State NJ

County Essex

Rooms

Basement Finished, Walkout

Interior

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding, Brick

Parking Features Detached Garage

Garage Spaces 4.0

Utilities Available All Underground

Roof Type Flat, Rubberized

Building

Sewer Public Sewer

Water Public Water

Architectural Style Fourplex

Others

Senior Community No

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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200 Eastern Pkwy