13-15 May ST, Newark, NJ 07104
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13-15 May ST, Newark, NJ 07104
13-15 May ST, Newark, NJ 07104
13-15 May ST, Newark, NJ 07104
13-15 May ST, Newark, NJ 07104
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Active

13-15 May ST Newark, NJ 07104

10 Beds

7 Baths

3,420 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,420 sqft

Price per Sqft $262

MLS Listing ID 2602220

Bedrooms 10

Full Baths 6

Half Baths 1

Construction Status Excellent

Year Built 1899

Annual Tax Amount $10,901

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 42x124

Property Sub-Type Duplex

Source Staten Island Multiple Listing Service

Property Description

Rare investment opportunity in North Newark offering a 7 pct cap rate with strong upside potential. Only 30 minutes from Staten Island. 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. This is an investment property and will not be delivered vacant!!

Location

State NJ

County Essex

Area Newark

Zoning R-3

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Hot Water

Cooling Window Unit(s)

Exterior

Parking Features Garage, Driveway, Off Street

Garage Spaces 2.0

Total Parking Spaces 2

Building

Lot Description Front Yard, Back Yard

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Construction Status Excellent

Others

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Listed ByRobert DeFalco Realty, Inc.

Nearby Locations

Albert Benzaken

Albert Benzaken

Broker Associate | License ID: 30BE0979103

+1(917) 627-3532

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13-15 May ST