Property photo 1
8 Beds
4 Baths
5,200 sqft

$800,000

435 Kerrigan Blvd, Newark City NJ, 07106

Price per sqft$153.85
Built in1930
Property size5,200 sqft
Property typeMulti-family

Overview

Active

Listed Sep 29, 2026

Updated 2 days ago

Well-maintained fully "Brick 4-family investment property in sought-after Upper Ivy Hill of Newark offering approximately 6,300 sq. ft The first-floor units each consist of 1 Br, while the second-floor units each feature 2 Brs, providing a current configuration of 6 Brs and 4 Bths. However, with the exceptionally spacious floor plan, both first-floor units offer the potential to accommodate a second Br, increasing the property to a possible 8-Br, 4-Bth configuration. The potential annual rental income for this property is $96,000, with annual taxes amounting to $10,227. This results in a net annual income of $85,773 before utilities and debt servicing charges. Property has hardwood floors throughout and comes with newer roofing, furnace and windows. Basement is full size, standing height, partially finished with unlimited potential. This is a commuter's delight, walking distance to NYC express 107 bus, 5 minute drive to NYC train station, 15 minutes from Newark Liberty Airport, and close to major highways and shopping malls

$5,322/mo

Est. mortgage payment based on a $800,000 home price.

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

Additional information

MLS® ID
4055814

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$10,289
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Courtesy of COLDWELL BANKER REALTY with MARVIN WILLIAMS,
Listing Contact: 9733788300 

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