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Apartment Complex For Sale
204 Parkhurst St, Newark City, Essex 07114-2641
Five-family investment property located in the Ironbound. The building features a well-balanced unit mix of two 1-bedroom units, two 2-bedroom units, and one 3-bedroom unit, providing strong rental demand and income stability. Ideal for investors seeking a steady, income-producing asset with diversified residential cash flow. Property offers long-term upside potential with the ability to increase rents over time. Conveniently located near major highways, public transportation, schools, and local amenities. Situated in a growing area of Newark with ongoing redevelopment.
- Property Type:
- Apartment Complex
- Listing Type:
- For Sale
- Listing ID:
- 4023770
- Price:
- $1,195,000
- Year Built:
- 1970
- Lot Area:
- 0.06 Acre
- Status:
- Active
- Office Name:
- EXIT REALTY LUCKY ASSOCIATES
- Agent Name:
- PATRICK DWYER
- Property Sub Type:
- Apartment Complex
- Roof:
- Flat
- Heating System:
- Baseboard - Hotwater, 4+ Units
- Cooling System:
- Window A/C(s)
- Basement:
- Full
- Flooring:
- Tile, Vinyl-Linoleum
- Sewer:
- Public Sewer
- Utilities:
- Gas In Street
- Country:
- US
- State:
- Essex
- County:
- Essex
- City:
- Newark City
- Zipcode:
- 07114-2641
- Street:
- Parkhurst St
- Street Number:
- 204
- Longitude:
- W75° 49' 38.8''
- Latitude:
- N40° 43' 15''
- Directions:
- Between Goble and Dawson
- Zoning:
- MX-2
- Lot Size Dimensions:
- 25X104.6
- Water Source:
- Public Water
- Stories Total:
- 3
- Number Of Units Total:
- 5
- Lot Features:
- Level Lot
- Tax Annual Amount:
- 12936
- List Agent Mls Id:
- 293621
- List Office Mls Id:
- 0636
- Mls Status:
- Active
- Modification Timestamp:
- 2026-04-28T15:23:44Z
- Originating System Name:
- gsmls
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Wyckoff, NJ 07481