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9 Beds
3 Baths

$789,999

232 2nd St, Newark City NJ, 07107

Built in1900
Property typeMulti-family

Overview

Active

Listed Apr 27, 2026

Updated 2 days ago

This spacious 3-family property in Newark offers a rare opportunity for both comfortable living and smart investing. Featuring a total of 9 bedrooms and 3 bathrooms, each unit provides generous layouts ideal for owner-occupants seeking space while generating rental income. The property includes a hard-to-find industrial-style 2-car garage perfect for personal use, storage, or additional income along with a 2-car driveway, giving you and your tenants the convenience of off-street parking. Located just minutes from the train station and light rail, commuting to NYC and surrounding areas is quick and easy, making it highly attractive for tenants. Whether you're looking to offset your monthly expenses or build long-term wealth, this property offers strong income potential and a favorable cap rate. Newark's continued growth and rental demand make this an excellent opportunity to own while investing in your future. Don't miss your chance to secure a multi-family home that works for you! Property is being sold "AS IS."

$5,256/mo

Est. mortgage payment based on a $789,999 home price.

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

Additional information

MLS® ID
4023520

Interior Features

Bedrooms
9
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$10,529
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Courtesy of VILLAGE SQUARE REALTORS with CRYSTAL JAMES,
Listing Contact: 9735092222 

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