Properties

Description

Five-family investment property located in the Ironbound. The building features a well-balanced unit mix of two 1-bedroom units, two 2-bedroom units, and one 3-bedroom unit, providing strong rental demand and income stability. Ideal for investors seeking a steady, income-producing asset with diversified residential cash flow. Property offers long-term upside potential with the ability to increase rents over time. Conveniently located near major highways, public transportation, schools, and local amenities. Situated in a growing area of Newark with ongoing redevelopment.

Features

  • Heating System : 4+ Units, Baseboard - Hotwater
  • Cooling System : Window A/c(s)
  • Basement : Full
  • Roof Deck : Flat
  • Furnished : Tile, Vinyl-linoleum
  • Lot Description: Level Lot
  • Tax Assessed Valuation: 323500
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas In Street

Additional Info

  • Office Name: EXIT REALTY LUCKY ASSOCIATES
  • Office MLS ID: 0636
  • Agent ID: 293621
  • Tax: 12936
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: MX-2

Commercial For Sale

For Sale
$1,140,000

204 Parkhurst St, Newark City, *

  • SQFT 25 Acre
  • Built Year 1970

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5427767
  • Price: $1,140,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1970
  • Year Built Description: Approximate
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 135

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: Ironbound
  • Street: Parkhurst St
  • Street Number: 204
  • Street Direction: Between Goble and Dawson
  • Floor Number: 0
  • Longitude: W75° 49' 38.8''
  • Latitude: N40° 43' 15''
  • Internet Display Address: No
Property