232 2nd St, Newark City, NJ 07107
232 2nd St, Newark City, NJ 07107
232 2nd St, Newark City, NJ 07107
232 2nd St, Newark City, NJ 07107
232 2nd St, Newark City, NJ 07107
232 2nd St, Newark City, NJ 07107
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$ 789,999
Est. payment | /mo

9 Beds

3 Baths

3,920 Sqft Lot


Save
$ 789,999
Est. payment | /mo
Save

9 Beds

3 Baths

3,920 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4023520

Style 3-Three Story

Bedrooms 9

Full Baths 3

Year Built 1900

Annual Tax Amount $10,529

Tax Year 2025

Lot Size 3,920 Sqft

Property Description

This spacious 3-family property in Newark offers a rare opportunity for both comfortable living and smart investing. Featuring a total of 9 bedrooms and 3 bathrooms, each unit provides generous layouts ideal for owner-occupants seeking space while generating rental income. The property includes a hard-to-find industrial-style 2-car garage perfect for personal use, storage, or additional income along with a 2-car driveway, giving you and your tenants the convenience of off-street parking. Located just minutes from the train station and light rail, commuting to NYC and surrounding areas is quick and easy, making it highly attractive for tenants. Whether you're looking to offset your monthly expenses or build long-term wealth, this property offers strong income potential and a favorable cap rate. Newark's continued growth and rental demand make this an excellent opportunity to own while investing in your future. Don't miss your chance to secure a multi-family home that works for you! Property is being sold "AS IS."

Location

State NJ

County Essex

Zoning Residential

Rooms

Basement Unfinished

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector, Wood Floors

Heating Gas-Natural

Cooling 1 Unit

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage

Garage Spaces 2.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by VILLAGE SQUARE REALTORS

Nearby Locations

Darren Giordano

+1(201) 723-3300

darren@northjerseygroup.com

28 Valley Road Suite 1, Montclair, Jersey, 07042, United States

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232 2nd St