13-15 May ST, Newark, NJ 07104
13-15 May ST, Newark, NJ 07104
13-15 May ST, Newark, NJ 07104
29
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Listed by Peter Boutros EXP Realty, LLC
$850,000
Est. payment /mo
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10 Beds
7 Baths
Active

13-15 May ST Newark, NJ 07104

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Rich Kim

Rich Kim

+1(551) 218-1800

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Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26020027

Style 2 Family

Bedrooms 10

Full Baths 7

Property Sub-Type 2 Family

Property Description

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.

Location

State NJ

County Essex

Interior

Laundry Basement

New Jersey MLS (NJMLS)

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Rich Kim

Rich Kim

Agent License ID: 1649516

+1(551) 218-1800

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13-15 May ST