87 2Nd StNewark City, NJ 07107

Description

Super Low Taxes and concessions available in this Turnkey multi-family in the heart of Lower Roseville, one of Newark's most convenient and steadily appreciating neighborhoods minutes to Broad Street Station, major highways (Routes 280/21), and Newark's growing retail and dining corridor.First Floor: Fully ready to rent 3 bedrooms, 1 bath. new kitchen, updated bath, fresh flooring, paint, and fixtures throughout. Move-in ready with strong rental income potential. Second & Third Floors: A spacious 5-bedroom, 2-bath duplex unit spanning both levels ideal for a large family or high-demand rental. Generous room sizes, great natural light, and flexible layout, with excellent income potential of its own. Two units, one great opportunity a compelling cash-flow play for investors, or a smart move for an owner-occupant who wants to live in one unit and let the other help offset the mortgage. Whether you're an investor seeking cash flow in an appreciating Newark submarket, or a family looking to reduce housing costs while building equity, 87 2nd Street delivers flexibility, renovated quality, and location all in one property. Don't miss this rare two-unit offering in Lower Roseville. Schedule your showing today!

Property Information

Property type

Residential Income

Sub-type

Multi Family

Style

3-Three Story

Year built

1902

Stories

3

Living area

19,998 Sq Ft

Lot size

0.06 acres

Days on market

4

MLS^® Listing#

4053821

Property Features

Heating

Baseboard · Natural Gas

Basement

Unfinished

Parking

On Street

Construction

Vinyl Siding

Roof

Asphalt

Security

Smoke Detector(s)

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$5,702Tax year 2025

Assessed value

$142,600

Parcel number

1614-01879-0000-00033-0000-

Directions

right from Central Avenue