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  • Property Type
  • Residential Income
  • 7
  • Bedrooms
  • 2
  • Bathrooms
Active

65 Stone St , Newark City, New Jersey 07104-3768

  • $499,000

Description

Turnkey 2-Unit Cash-Flowing Investment Newark, NJ Fully occupied multi-family generating immediate income from day one or move into one unit and let the rental income from the other dramatically offset your housing costs. Either way, this property is ready to perform.Unit Mix:First Floor 3 Bed / 1 Bath with Long-term tenants in placeSecond Floor 4 Bed / 1 Bath Long Term Tenants In PlaceBoth units benefit from a blend of housing-assisted and market tenants, providing a diversified income stream with reliable, on-time rent collection. Tenants pay their own electric and gas owner responsibility is limited to water/sewer only.Recent Capital Improvements Already Done:New roof New Separate HVAC system New sewer lineThis is a low-turnover, professionally managed asset with a proven rental history. Whether you’re building a portfolio or looking for a stable first investment, this property is structured to perform from closing day forward. Investor-friendly in every sense. Very easy to show.Selling as-is, fully occupied. Rent roll and financials available to qualified buyers upon request.

Address

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  • City: Newark City
  • State/county: Essex

Details

Updated on April 30, 2026 at 9:13 am
  • Property ID HZ4020475
  • Price $499,000
  • Bedrooms 7
  • Bathrooms 2
  • Property Type Residential Income
  • Property Status Active

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