Properties

Description

Turnkey 6-Family Investment Opportunity " Fully Renovated in Newark, NJ, 16 bedrooms throughout. Welcome to 643 S 17th Street, a beautifully renovated six-family building in outstanding condition, Central air, forced hot air, located in the heart of Newark. Priced at $1,000,000, this fully upgraded property offers strong rental income, minimal maintenance, and excellent long-term value perfect for investors or owner-occupants. Renovated in 2022, this solid multi-family home includes six updated residential units, each featuring modern kitchens, sleek bathrooms, new flooring, and separate utilities, keeping landlord costs low while maximizing tenant independence. The property also boasts a full basement for storage or potential future storage use. A spacious fenced yard adds outdoor appeal, and there's potential for off-street parking. Located on a quiet block, this commuter-friendly property is just minutes from the Garden State Parkway, NJ Transit, and the Irvington Bus Terminal. Residents also enjoy proximity to schools, parks, retail shops, Seton Hall University, Essex County, Rutgers and NJIT. This is an ideal opportunity for those seeking a cash-flowing asset in a high-demand Essex County location. Whether you're expanding your portfolio or seeking an income-producing property to call home, 643 S 17th Street checks all the boxes. Don't miss this chance to own a fully renovated, income-generating 6-family in one of Newark's most promising neighborhoods!

Features

  • Heating System : 4+ Units, Forced Hot Air
  • Cooling System : Central Air, 4+ Units
  • Basement : Unfinished
  • Roof Deck : Flat
  • Furnished : Tile, Laminate
  • Tax Assessed Valuation: 369000
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: BHGRE ELITE
  • Office MLS ID: 4952
  • Agent ID: 275171
  • Tax: 14033
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: 6 Family

Commercial For Sale

For Sale
$997,900

643 S 17Th St, Newark City, *

  • SQFT 36.60 Acre
  • Built Year 1937

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5351508
  • Price: $997,900
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1937
  • Year Built Description: Approximate
  • Lot Area: 36.60 Acre
  • Status: Active
  • Days On Market: 12

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: West Side Park
  • Street: S 17Th St
  • Street Number: 643
  • Street Direction: 643 S 17Th St, Newark, NJ 07103
  • Building Name: 643
  • Floor Number: 0
  • Longitude: W75° 47' 24''
  • Latitude: N40° 44' 1.6''
  • Internet Display Address: Yes
Property