Properties

Description

Investors, take note! This fully occupied two-family property in Newark, NJ offers an established multifamily investment opportunity with two residential units, each featuring 3 bedrooms and 1 full bathroom. With both units currently occupied, this property may appeal to investors seeking a rental property with existing occupancy. The two-unit configuration offers potential for continued rental income and long-term portfolio growth in Newark's multifamily housing market. Whether you are expanding an existing real estate portfolio or exploring income-producing residential properties, this two-family home is worth considering. Buyers should independently verify leases, rental income, expenses, and occupancy details during due diligence. Schedule your showing to explore this Newark investment opportunity. Lender approval required - buyer responsible for all city certs at their own expense.

Features

  • Heating System : Forced Hot Air, 1 Unit
  • Basement : Unfinished
  • Roof Deck : Asphalt Shingle
  • Parking : 2
  • Parking Description: 2 Car Width
  • Tax Assessed Valuation: 177700
  • Sewer: Public Available
  • Water: Public Water

Appliances

  • Utilities: See Remarks

Additional Info

  • Office Name: RE/MAX PROFESSIONALS I
  • Office MLS ID: 226401
  • Agent ID: 259491
  • Tax: 7106
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$485,000

86 Stuyvesant Ave, Newark City, *

  • SQFT 25 Acre
  • Bedroom 8
  • Built Year 1912

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5467534
  • Price: $485,000
  • Bedrooms: 8
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1912
  • Year Built Description: Approximate
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Stuyvesant Ave
  • Street Number: 86
  • Street Direction: S. Orange Ave. to Stuyvesant Ave.
  • Floor Number: 0
  • Longitude: W75° 46' 12.7''
  • Latitude: N40° 44' 36.8''
  • Internet Display Address: No
Property