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Residential Income For Sale

130 Milford Ave, Newark City, NJ 07108-2727

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Property Description

This legal 3-family home offers the kind of flexibility that appeals to both owner-occupants and investors looking for strong long-term potential in Newark. Each unit features 3 spacious bedrooms and 1 full bathroom, with every floor offering its own unique layout and feel. The 1st and 3rd floor units have been updated, while the 2nd floor was renovated approximately one year ago. The 1st and 2nd floor units also feature brand-new, beautifully updated bathrooms, adding fresh, modern finishes to two of the three apartments. Inside, the layouts feel practical and comfortable, with enough space for dining tables that actually get used, larger bedroom setups, and the kind of natural light that makes the mornings feel a little easier before heading out for the day. The top-floor unit has a long-term tenant already in place, offering added stability and immediate rental income. Conveniently located near major roadways, public transportation, parks, shopping, and local restaurants, this property offers the flexibility to occupy one unit while generating rental income from the others or add a solid multi-family asset to your investment portfolio. An unfinished basement provides additional storage and future possibilities to fit your needs.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4052057
Price:
$750,000
Year Built:
1902
Lot Area:
0.05 Acre
Status:
Active
Office Name:
EXP REALTY, LLC
Agent Name:
CAMILLE HAYNES
Full Bathrooms:
3
Roof:
Asphalt Shingle
Features
Heating System:
3 Units, Radiant - Hot Water
Cooling System:
None, WindowAC
Basement:
Unfinished
Architectural Style:
3-Three Story
Exterior Features:
Curbs, Partially Fenced
Interior Features:
Security System, Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher, Wood Floors, Tile Floors
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Address Map
Country:
US
State:
NJ
County:
Essex
City:
Newark City
Zipcode:
07108-2727
Street:
Milford Ave
Street Number:
130
Longitude:
W75° 48' 31.8''
Latitude:
N40° 43' 5''
Directions:
Clinton Avenue to 130 Milford (Milford is a one way street)
Additional Information
Lot Size Dimensions:
29.2X79.9 AVG.
Water Source:
Public Water
Number Of Units Total:
3
Financial
Tax Annual Amount:
11173
Listing Information
List Agent Mls Id:
264816
List Office Mls Id:
5028
Mls Status:
Active
Modification Timestamp:
2026-09-10T22:32:06Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4052057
Lot Area:
0.05 Acre
$750,000
Agent info
Contact Agent

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