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6 Beds
2 Baths
19,998 sqft

$615,000

58 11Th Ave, Newark City NJ, 07107

Price per sqft$30.75
Built in1897
Property size19,998 sqft
Property typeMulti-family

Overview

Active

Listed Sep 8, 2026

Updated 2 days ago

Spacious and income-producing two-family home located in Newark's desirable Fairmount neighborhood, offering an excellent opportunity for both owner-occupants and investors - ideal for buyers looking to offset their mortgage with rental income. This well-maintained property features two oversized units with a total of 6 bedrooms and 2 full bathrooms, plus a fully finished basement providing additional flexible living space. The first unit offers 3 bedrooms and 2 full bathrooms, including a finished lower level with bonus rooms and a separate entrance. The second unit features an expansive 3-bedroom, 2-bath layout with a finished attic, providing additional usable space. Additional highlights include hardwood, vinyl, and tile flooring throughout, laundry area and ample storage spaces, private balcony space, and separate utilities. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this versatile multi-family property offers space, functionality, and long-term value in a prime Newark location. Eligible buyers may qualify for down payment and closing cost assistance programs, enhancing overall affordability.

$4,092/mo

Est. mortgage payment based on a $615,000 home price.

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

Additional information

MLS® ID
4051251

Interior Features

Bedrooms
6
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$5,686
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of COMPASS NEW JERSEY LLC with CARLOS BELTRAN,
Listing Contact: 5512123870 

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