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$1,425,000
Est. payment /mo
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Ironbound
MLS Listing ID 4023725
Annual Tax Amount $9,957
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Six-family investment property located in the Ironbound. The building features one 1-bedroom apartment and five 2-bedroom apartments, offering excellent rental demand and consistent income potential. Property is in good condition, making it a solid turnkey opportunity for investors seeking immediate cash flow with minimal upfront improvements. Well-maintained units appeal to long-term tenants and support stable occupancy. Conveniently located near major highways, public transportation, schools, and local amenities. Positioned in a growing Newark market with continued redevelopment and upside potential.
Location
State NJ
County Essex
Zoning R3
Rooms
Basement Full, Storage
Interior
Heating Electric, Gas-Natural
Cooling Window A/C(s)
Flooring Tile, Vinyl-Linoleum
Equipment Smoke Detector
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Aluminum, Brick
Utilities Available Electric, Gas In Street
Roof Type Flat
Building
Lot Description Level Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by EXIT REALTY LUCKY ASSOCIATES
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