Properties

Description

Newly updated multifamily situated on a spacious 25x114 lot with a generous backyard in the heart of Newark, NJ. Perfect for the savvy investor seeking immediate cash flow or an owner-occupant looking to live in one unit while generating rental income from the other. Unit 1 is vacant and move-in ready, ideal for an owner-occupant or to immediately place a tenant for rental income. Unit 2 is currently tenant occupied, providing cash flow from day one. Strategically located just off Route 280 with seamless access to major highways and NJ Transit for a short commute to NYC. Minutes from Payne Tech High School and close proximity to shopping, dining, and local amenities. Whether you are house hacking, building your portfolio, or seeking turnkey cash flow, this property checks every box. Opportunities like this don't last. Schedule your showing today.

Features

  • Heating System : 2 Units
  • Cooling System : See Remarks
  • Basement : Full
  • Roof Deck : Asphalt Shingle
  • Parking Description: On-Street Parking
  • Tax Assessed Valuation: 188500
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: RE/MAX PROFESSIONALS I
  • Office MLS ID: 226401
  • Agent ID: 407827
  • Tax: 7538
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$550,000

173 3Rd St, Newark City, *

  • SQFT 25 Acre
  • Bedroom 4
  • Built Year 1910

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5448263
  • Price: $550,000
  • Bedrooms: 4
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1910
  • Year Built Description: Approximate, Renovated
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 45

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: 3Rd St
  • Street Number: 173
  • Street Direction: Orange St turn right on 3rd St drive up and proper
  • Floor Number: 0
  • Longitude: W75° 48' 47.5''
  • Latitude: N40° 45' 12''
  • Internet Display Address: No
Property