Excellent opportunity to own a well-located 3-family property just minutes from Downtown Newark. The building features three spacious apartments, each offering 3 bedrooms with strong layouts and solid tenant appeal. Currently generating approximately $7,000/month in rental income, this property provides immediate cash flow with significant upside potential through rent optimization or light value-add improvements. Ideal for investors seeking stable passive income in a high-demand rental market with close proximity to transportation, employment hubs, and city amenities.
Property Features
Heating Information
Baseboard
Natural Gas
Basement
Full
Unfinished
Cooling Information
Window Unit(s)
Water Features
Public
Utilities
Natural Gas Available
Listing Courtesy: KELLER WILLIAMS PARK VIEWS - 201-939-0050