13 May St, Newark City NJ 07104-3012

Newark City
Property Media
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Property Price
$918,888
Bedrooms
10
Year Built
1899
Tax Annual Amount
$10901
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.12
MLS Status
Active
MLS #
4018225

Rare investment opportunity in North Newark offering a 7% cap rate with strong upside potential. 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.

Yearly Tax Rate
3.999
Year Built (*numeric)
1899
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
20
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Heating
2 Units, Radiators - Steam
Lot Size Dimensions
5240 SF
Property Location

40.76677, -74.16588

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Data import from
GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762