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  • Property Type
  • Residential Income
  • 10
  • Bedrooms
  • 5
  • Bathrooms
Active

13-15 May St , Newark City, New Jersey 07104-3012

  • $898,000

Description

Rare investment opportunity in North Newark offering a 7% cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.

Address

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  • City: Newark City
  • State/county: Essex

Details

Updated on April 30, 2026 at 9:05 am
  • Property ID HZ4018225
  • Price $898,000
  • Bedrooms 10
  • Bathrooms 5
  • Property Type Residential Income
  • Property Status Active

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Queens Realty New Jersey

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