Properties

Description

Downtown Newark is growing and opportunities to own a multifamily right in the middle of that growth don't come around every day. 409 Halsey St gives an investor or owner-occupant the chance to own a property surrounded by new development and continued investment throughout the city.The building has something many multifamily properties don't character. Exposed brick, hardwood floors, high ceilings, large rooms and updated kitchens and baths give the units a true downtown feel. Live in one and collect rent from the others, or add the entire property to your investment portfolio.Location, location, location; Step outside and you're already on Halsey Street, with restaurants, lounges and entertainment nearby. Prudential Center, Newark Penn Station, NJPAC, downtown businesses and universities are all within the surrounding downtown area. When there's a Devils game, concert or event at Prudential Center, you're living or investing right where people are coming to be.Meanwhile, Downtown Newark continues to see new residential construction and redevelopment, including newer buildings already surrounding the property. Add convenient access to NYC, Newark Liberty International Airport, Route 21, I-280 and the Garden State Parkway, and you can see why location matters here.You're buying a downtown Newark property with rental income potential, owner-occupant possibilities and a front-row seat to what's happening around it.

Features

  • Heating System : Forced Hot Air, 2 Units
  • Cooling System : Central Air, 2 Units
  • Roof Deck : Asphalt Shingle
  • Parking : 2
  • Parking Description: Concrete, On-Street Parking
  • Interior Features: Blinds, Carbon Monoxide Detector, See Remarks, Sky
  • Exterior Features: Barbeque, Deck, See Remarks
  • Tax Assessed Valuation: 269900
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural
  • Internet

Additional Info

  • Office Name: REAL
  • Office MLS ID: 4989
  • Agent ID: 267857
  • Tax: 10793
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$1,050,000

409 Halsey St, Newark City, *

  • SQFT 25 Acre
  • Bedroom 8
  • Built Year 2005

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5465917
  • Price: $1,050,000
  • Bedrooms: 8
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 2005
  • Year Built Description: Standing
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 15

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: Central Business District
  • Street: Halsey St
  • Street Number: 409
  • Street Direction: From Mayor Kenneth A. Gibson Blvd to E Kinney to H
  • Floor Number: 0
  • Longitude: W75° 49' 18.7''
  • Latitude: N40° 43' 42.1''
  • Internet Display Address: Yes
Property