13 May St, Newark, NJ 07104-3012
- Beds
- 10
- Baths
- 7
- Garage
- Yes
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Overview
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
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 10
- Number of bathrooms
- 7
- Lot size (acres)
- 0.12
- Year built
- 1899
Interior features
- Basement
- Yes, Partially finished
- Fireplaces
- 1
Exterior features
- Horse amenities
- Stable
Garage and parking
- Garage parking spaces
- 4
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $10,901
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Garden State MLS MLS®#: 4033681 Last checked: …
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