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  • Property Type
  • Residential Income
  • 8
  • Bedrooms
  • 4
  • Bathrooms
Active

32 Martin Luther King Jr B , Newark City, New Jersey 07104-4498

  • $875,000

Description

Excellent investment opportunity in Newark’s desirable 07104 area! This 3-family property offers strong income potential and additional living space with a finished bonus basement. Unit 1 features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Units 2 and 3 each offer 3 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. The finished basement includes 2 bedrooms, a living room, and a semi-kitchen setup, providing flexible use options. Property requires TLC and presents an ideal value-add opportunity for investors or owner-occupants looking to renovate and maximize returns. Property may be delivered vacant, allowing the next owner to complete modern updates and achieve market rents. Conveniently located near transportation, shopping, schools, and major highways. Being sold as-is. Buyers responsible for conducting their own due diligence regarding legal use and municipal requirements.

Address

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  • City: Newark City
  • State/county: Essex

Details

Updated on June 17, 2026 at 1:15 am
  • Property ID HZ4031549
  • Price $875,000
  • Bedrooms 8
  • Bathrooms 4
  • Property Type Residential Income
  • Property Status Active

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