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537 N 6th

Newark City, NJ 07107
  • $449,000
  • STATUS: Active Under Contract
  • ON SITE: 34 Days
  • MLS #: 3951408
Under Contract
UPDATED: 46 min ago
$449,000
  • 5
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1902
County:
Area:

School Ratings & Info

Description

Investment Opportunity Knocks! Prime Two-Family Investment Opportunity in North Newark! Nestled in the highly sought-after North Newark neighborhood, this income-generating two-family home is a fantastic addition to any investor's portfolio.First-floor unit: 2 bedrooms, 1 full bathSecond-floor unit: 3 bedrooms, 1 full bathEnjoy strong rental income potential with low property taxes, maximizing your return on investment. Conveniently located near NJ Transit train and bus lines, ensuring easy commuter access. Whether you're expanding your real estate portfolio or looking for an owner-occupant investment, this property offers consistent cash flow and long-term value.Don't miss out on this high-demand rental property! Schedule your private showing today.

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-04-22T21:46:16.15.
www.baerhomes.com/homes/161547577
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537 N 6th Newark City, NJ 07107

  • Price: $449,000
  • Status: Active Under Contract
  • On Site: 34 Days
  • Updated: 46 min ago
  • MLS #: 3951408
5
Beds
2
Baths
0
½ Baths
0.06
Acres
1902
Built
County:
Essex
Area:
Newark City
Property Description
Investment Opportunity Knocks! Prime Two-Family Investment Opportunity in North Newark! Nestled in the highly sought-after North Newark neighborhood, this income-generating two-family home is a fantastic addition to any investor's portfolio.First-floor unit: 2 bedrooms, 1 full bathSecond-floor unit: 3 bedrooms, 1 full bathEnjoy strong rental income potential with low property taxes, maximizing your return on investment. Conveniently located near NJ Transit train and bus lines, ensuring easy commuter access. Whether you're expanding your real estate portfolio or looking for an owner-occupant investment, this property offers consistent cash flow and long-term value.Don't miss out on this high-demand rental property! Schedule your private showing today.
Exterior Features

Approximate Lot Size 25X100 Exterior Description Vinyl Siding Number Of Parking Spaces 3 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Full Cooling None Heating Radiators - Hot Water Total Number Of Rooms 10 Unit1 Appliances Equipment Range/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 900 Unit2 Appliances Equipment Range/Oven - GasRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 1 Unit2 Levels 2 Unit2 Room Description BedroomsDining RoomEat-In KitchenLiving Room Unit2 Rooms 15 Unit2 Sq Ft 900

Property Features

Assessment Total 112600 Building Assessment 85100 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 27500 Net Operating Income 0 Services Cable TV AvailableFiber Optic AvailableGarbage Included Sewer Public Sewer Tax Amount 4282 Tax Rate Amount 3.803 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1300 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1700 Unit2 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 732-757-7251.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-04-22T21:46:16.15.
 
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