NJ > Newark City
Newark City, NJ 07107,372 6Th Ave
Newark City, NJ 07107,372 6Th Ave
Newark City, NJ 07107,372 6Th Ave
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Steven Pagan

Steven Pagan

+1(609) 631-5668
$999,999
Est. payment /mo
999 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 999 sqft

Price per Sqft $1,001

MLS Listing ID 3970956

Year Built 1900

Annual Tax Amount $16,162

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

This prime six-unit opportunity has a 6.5% Cap Rate located in a high growth development zone. A true turn-key investment with lots of room for upsize with 50% of the units being leased below market values. Don't miss the chance to invest in a strategic asset within one of the city's most promising growth markets and has a strong rental history. Each unit features spacious layouts, modern amenities and strong tenant demand; ideal for both seasoned and new investors looking to grow their real estate portfolio.

Location

State NJ

County Essex

Zoning Com

Rooms

Basement Full

Interior

Heating Electric, Gas-Natural

Cooling Window A/C(s)

Equipment Appliances, Exhaust System, Fire Alarm, See Remarks

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available All Underground, Electric, Gas In Street

Roof Type Asphalt Shingle, Flat

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COMPASS NEW JERSEY, LLC
agent-avatar

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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