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Residential Income For Sale

232 2nd St, Newark City, Essex 07107-3208

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Property Description

This spacious 3-family property in Newark offers a rare opportunity for both comfortable living and smart investing. Featuring a total of 9 bedrooms and 3 bathrooms, each unit provides generous layouts ideal for owner-occupants seeking space while generating rental income. The property includes a hard-to-find industrial-style 2-car garage perfect for personal use, storage, or additional income along with a 2-car driveway, giving you and your tenants the convenience of off-street parking. Located just minutes from the train station and light rail, commuting to NYC and surrounding areas is quick and easy, making it highly attractive for tenants. Whether you’re looking to offset your monthly expenses or build long-term wealth, this property offers strong income potential and a favorable cap rate. Newark’s continued growth and rental demand make this an excellent opportunity to own while investing in your future. Don’t miss your chance to secure a multi-family home that works for you! Property is being sold “AS IS.”

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4023520
Price:
$789,999
Year Built:
1900
Lot Area:
0.09 Acre
Status:
Active
Office Name:
VILLAGE SQUARE REALTORS
Agent Name:
CRYSTAL JAMES
Full Bathrooms:
3
Roof:
Asphalt Shingle
Features
Heating System:
3 Units
Cooling System:
1 Unit
Basement:
Unfinished
Architectural Style:
3-Three Story
Exterior Features:
Metal Fence, Open Porch(es)
Interior Features:
Carbon Monoxide Detector, Smoke Detector, Wood Floors
Sewer:
Public Sewer
Utilities:
Gas-Natural
Address Map
Country:
US
State:
Essex
County:
Essex
City:
Newark City
Zipcode:
07107-3208
Street:
2nd St
Street Number:
232
Longitude:
W75° 48' 52.6''
Latitude:
N40° 45' 14.8''
Directions:
ROUTE. 280 E, TO 1ST STREET. EXIT. TURN LEFT AT 1ST LIGHT. PASS NEXT LIGHT AND ONE BLOCK. ROAD VEERS LEFT TO 2ND STREET.
Zoning:
Residential
Additional Information
Lot Size Dimensions:
37.50 X 100
Water Source:
Public Water
Number Of Units Total:
3
Lot Features:
Level Lot
Garage:
2
Financial
Tax Annual Amount:
10529
Listing Information
List Agent Mls Id:
400534
List Office Mls Id:
008704
Mls Status:
Active
Modification Timestamp:
2026-04-28T09:14:18Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4023520
Lot Area:
0.09 Acre
$789,999
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