Excellent multifamily investment opportunity in Newark, NJ! Located at 83 Jay Street, this 6-unit income-producing property features six (6) 1-bedroom, 1-bathroom apartments, a highly desirable unit mix with strong rental demand. The building includes one detached garage, offering additional income potential. All units are equipped with baseboard heating for efficient… Read More and reliable tenant comfort. Situated in an established residential area with convenient access to public transportation, major highways, shopping, and employment centers. Ideal for investors seeking steady cash flow, long-term appreciation, and a buy-and-hold asset in a growing Newark rental market. Great opportunity to expand your multifamily real estate portfolio with a solid income property. Read Less
Courtesy of RE/MAX PROFESSIONALS I.
Listing Snapshot
Days Online
76
Last Updated
Property Type
Other
Lot Size
0.07 Acres
MLS Number
4007535
30 Days Snapshot Of 07103
$397k
-2%
(avg) sold price
7
+250%
homes sold
79
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished, Yes
Building
Built in 9999
Cooling
Window A/C(s)
Exterior Features
Vinyl Siding
Water Features
Public Water
Heating
Gas-Natural, 2 Units, Baseboard - Electric
Lot
Approximate Lot Size: 30X100, 0.07 acres, Corner
Property
6 units
Roof
Flat
Sewer
Public Sewer
Taxes
Annual Tax Amount: $10,077, Tax Rate: 3.803
Utilities
Electric, Gas-Natural, Cable TV, Fiber Optic
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
Confirm your time
Fill in your details and we will contact you to confirm a time.
