Properties

Description

Fully renovated 4-family income-producing property for sale at 14-16 Hazel Pl in Newark, NJ, located in a high-demand Essex County rental market. This turnkey multi-family investment features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide efficiency and added value for investors.Strong rental income potential with current rents offering upside for future growth, making this an ideal value-add opportunity with long-term appreciation. The property also includes a large, clean, finished basement providing additional usable space for storage or common area use.Conveniently located near NJ Transit bus lines, Newark Penn Station, major highways, shopping, and local amenities with easy access to New York City commuter routes. A rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in the Newark NJ housing market.

Features

  • Heating System : 4+ Units, Forced Hot Air
  • Cooling System : Wall A/c Unit(s), 4+ Units
  • Basement : Finished
  • Roof Deck : Flat
  • Parking : 4
  • Parking Description: Additional Parking, Concrete, Driveway-Exclusive,
  • Tax Assessed Valuation: 270000
  • Sewer: Public Available
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: RE/MAX PROFESSIONALS I
  • Office MLS ID: 226401
  • Agent ID: 409485
  • Tax: 10797
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$800,000

14 Hazel Pl, Newark City, *

  • SQFT 50 Acre
  • Bedroom 8
  • Built Year 1922

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5415147
  • Price: $800,000
  • Bedrooms: 8
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1922
  • Year Built Description: Approximate, Renovated
  • Lot Area: 50 Acre
  • Status: Active
  • Days On Market: 183

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Hazel Pl
  • Street Number: 14
  • Street Direction: W Runyon St. to Hazel Pl
  • Floor Number: 0
  • Longitude: W75° 47' 39.7''
  • Latitude: N40° 43' 7.9''
  • Internet Display Address: No
Property