• Property Type
  • Residential Income
  • 8
  • Bedrooms
  • 3
  • Bathrooms

48 Cedar Ave , Newark City, New Jersey 07106-1217

  • $749,999

Description

48 Cedar Ave is a well-maintained 3-family property offering strong rental potential and immediate cash flow. The 1st floor features 3 bedrooms, 1 bath, currently rented at $2,150/month. The 2nd floor unit includes 3 bedrooms, 1 bath, with access to the basement and garage, generating $2,798/month. The 3rd floor offers a 2-bedroom, 1 bath unit, currently vacant, but perfect for an owner-occupant or to lease for additional income (projected at $1,750/month).Ideally located just off South Orange Ave, this property provides convenient access to major highways, public transportation, shopping, and schools. Whether you’re an investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this is a fantastic opportunity with great upside potential!

  • City: Newark City
  • State/county: Essex

Details

Updated on June 18, 2026 at 2:43 pm
  • Property ID HZ4026803
  • Price $749,999
  • Bedrooms 8
  • Bathrooms 3
  • Property Type Residential Income
  • Property Status Active

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