48 Cedar Ave, Newark, NJ 07106-1217
- Beds
- 8
- Baths
- 4
- Garage
- Yes
Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.
- 0
- 0
Overview
48 Cedar Ave is a well-maintained 3-family property offering strong rental potential and immediate cash flow. The 1st floor features 3 bedrooms, 1 bath, currently rented at $2,150/month. The 2nd floor unit includes 3 bedrooms, 1 bath, with access to the basement and garage, generating $2,798/month. The 3rd floor offers a 2-bedroom, 1 bath unit, currently vacant, but perfect for an owner-occupant or to lease for additional income (projected at $1,750/month).Ideally located just off South Orange Ave, this property provides convenient access to major highways, public transportation, shopping, and schools. Whether you're an investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this is a fantastic opportunity with great upside potential!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 8
- Number of bathrooms
- 4
- Lot size (acres)
- 0.09
- Year built
- 1930
Interior features
- Basement
- Yes, Finished
Garage and parking
- Garage parking spaces
- 1
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $10,793
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®#: 4026803 Last checked: …
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided 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. Notice: The dissemination of listings displayed herein 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. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.