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Commercial Sale For Sale

83 Jay Street, Newark, NJ 07103

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Property Description

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.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
26002750
Price:
$699,900
Status:
Active Under Contract
Office Name:
RE/MAX Professionals 1
Agent Name:
Jorge
Features
Architectural Style:
Industrial
Utilities:
Sep Elec, Sep Gas
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Newark
Zipcode:
07103
Street:
Jay
Street Number:
83
Street Suffix:
Street
Longitude:
W75° 48' 58.3''
Latitude:
N40° 44' 47.2''
Additional Information
Rent Includes:
None
On Market Date:
2026-01-30
Financial
Tax Annual Amount:
10077
Listing Information
List Agent Mls Id:
1002608
List Office Mls Id:
2660
Mls Status:
Under Contract
Modification Timestamp:
2026-05-26T15:29:42Z
Originating System Name:
njmls
Status Change Timestamp:
2026-03-05
Commercial Sale For Sale
Listing ID:
26002750
$699,900
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
Email: info@myrealestatemission.com