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Residential Income For Sale

173 3rd Street, Newark, NJ 07107

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Property Description

Newly updated multifamily situated on a spacious 25×114 lot with a generous backyard in the heart of Newark, NJ. Perfect for the savvy investor seeking immediate cash flow or an owner-occupant looking to live in one unit while generating rental income from the other. Unit 1 is vacant and move-in ready, ideal for an owner-occupant or to immediately place a tenant for rental income. Unit 2 is currently tenant occupied, providing cash flow from day one. Strategically located just off Route 280 with seamless access to major highways and NJ Transit for a short commute to NYC. Minutes from Payne Tech High School and close proximity to shopping, dining, and local amenities. Whether you are house hacking, building your portfolio, or seeking turnkey cash flow, this property checks every box. Opportunities like this don’t last. Schedule your showing today.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
26027430
Price:
$550,000
Status:
Active
Office Name:
RE/MAX Professionals 1
Agent Name:
Alain
Features
Architectural Style:
2 Family
Laundry Features:
None
Utilities:
Sep Elec, Sep Gas, Sep Heat
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Newark
Zipcode:
07107
Street:
3rd
Street Number:
173
Street Suffix:
Street
Longitude:
W75° 48' 47.9''
Latitude:
N40° 45' 11.9''
Additional Information
On Market Date:
2026-07-21
Financial
Tax Annual Amount:
7538
Listing Information
Co List Agent Mls Id:
499585
List Agent Mls Id:
1032159
List Office Mls Id:
2660
Mls Status:
Active
Modification Timestamp:
2026-07-23T22:40:35Z
Originating System Name:
njmls
Status Change Timestamp:
2026-07-21
Residential Income For Sale
Listing ID:
26027430
$550,000
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