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10 Beds
7 Baths
3,420 sqft

$850,000

13-15 May St, Newark City NJ, 07104

Price per sqft$248.54
Built in1899
Property size3,420 sqft
Property typeMulti-family

Overview

Active

Listed Jun 10, 2026

Updated 2 days ago

Rare investment opportunity in North Newark offering offering an attractive 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.

$5,655/mo

Est. mortgage payment based on a $850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4033681

Interior Features

Bedrooms
10
Bathrooms
7
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$10,901
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Courtesy of EXP REALTY, LLC with PETER BOUTROS,
Listing Contact: 8662016210 

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