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Residential Income For Sale

32 Martin Luther King Jr B, Newark City, Essex 07104-4498

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Property Description

Excellent investment opportunity in Newark’s desirable 07104 area! This 3-family property offers strong income potential and additional living space with a finished bonus basement. Unit 1 features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Units 2 and 3 each offer 3 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. The finished basement includes 2 bedrooms, a living room, and a semi-kitchen setup, providing flexible use options. Property requires TLC and presents an ideal value-add opportunity for investors or owner-occupants looking to renovate and maximize returns. Property may be delivered vacant, allowing the next owner to complete modern updates and achieve market rents. Conveniently located near transportation, shopping, schools, and major highways. Being sold as-is. Buyers responsible for conducting their own due diligence regarding legal use and municipal requirements.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4031549
Price:
$875,000
Year Built:
1882
Lot Area:
0.06 Acre
Status:
Active
Office Name:
XENTRY PROPERTY GROUP LLC
Full Bathrooms:
4
Roof:
See Remarks
Features
Heating System:
3 Units
Cooling System:
Window A/C(s)
Basement:
Full, Finished
Architectural Style:
See Remarks, 3-Three Story
Sewer:
Public Sewer
Utilities:
See Remarks, Gas-Natural
Address Map
Country:
US
State:
Essex
County:
Essex
City:
Newark City
Zipcode:
07104-4498
Street:
Martin Luther King Jr B
Street Number:
32
Longitude:
W75° 49' 39.4''
Latitude:
N40° 45' 14.3''
Directions:
Refer to google maps
Additional Information
Lot Size Dimensions:
25X100
Water Source:
Public Water
Number Of Units Total:
3
Financial
Tax Annual Amount:
6782
Listing Information
List Agent Mls Id:
410777
List Office Mls Id:
5528
Mls Status:
Active
Modification Timestamp:
2026-06-16T20:30:14Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4031549
Lot Area:
0.06 Acre
$875,000
Agent info
Contact Agent

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