$799,000

575 N 6Th St 4, Newark City, NJ 07107

  • 7 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

Discover a rare gem in Newark's North Ward: an income-producing, four-unit property featuring a ground-floor unit with commercial potential. Currently, fully occupied, this asset offers immediate cash flow. The first floor tenant will vacate soon, presenting a valuable opportunity to convert the space into high-demand commercial use or retain as residential. Situated near light rail and NJ Transit bus lines- steps from Newark Penn Station- and surrounded by high foot and vehicle traffic, the location ensures excellent visibility and accessibility for both renters and customers. Ideal for sophisticated investors or owner-occupiers seeking to live in one unit and rent others. This property is within C-1 zoning ( Commercial-neighborhood). Please do your own due diligence. One of the units is in the back (rear unit)

Listing Status:
Active
Listing Office:
DIAS & ASSOCIATES REALTY : 973-751-1552
MLS ID:
3978548
  • General: Carbon Monoxide DetectorSmoke DetectorTile FloorsVinyl-Linoleum Floors
  • Basement: Unfinished
  • A/C: Wall A/C Unit(s)
  • Heating: 4+ UnitsGas-Natural

This listing courtesy of DIAS & ASSOCIATES REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Abington Avenue Elementary School

209 Abington Ave, Newark, NJ, 07107

Grades PK-8

0.10 miles away

A

Abington Avenue Elementary School

209 Abington Ave, Newark, NJ, 07107

Grades PK-8

0.10 miles away

B

Barringer High School

90 Parker St, Newark, NJ, 07104

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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