Excellent multifamily investment opportunity in Newark, NJ! Located at 83 Jay Street, this 6-unit income-producing property features six (6) 1-bedroom, 1-bathroom apartments, a highly desirable unit mix with strong rental demand. The building includes one detached garage, offering additional income potential. All units are equipped with baseboard heating for efficient and reliable tenant comfort. Situated in an established residential area with convenient access to public transportation, major highways, shopping, and employment centers. Ideal for investors seeking steady cash flow, long-term appreciation, and a buy-and-hold asset in a growing Newark rental market. Great opportunity to expand your multifamily real estate portfolio with a solid income property.
Property Features
Heating Information
Baseboard
Natural Gas
Utilities
Cable Available
Natural Gas Available
Cooling Information
Window Unit(s)
Water Features
Public
Basement
Unfinished
Listing Courtesy: RE/MAX PROFESSIONALS I - 973-450-4000