




232 2nd St, Newark, NJ, 07107
About This Home
This spacious 3-family property in Newark offers a rare opportunity for both comfortable living and smart investing. Featuring a total of 9 bedrooms and 3 bathrooms, each unit provides generous layouts ideal for owner-occupants seeking space while generating rental income. The property includes a hard-to-find industrial-style 2-car garage perfect for personal use, storage, or additional income along with a 2-car driveway, giving you and your tenants the convenience of off-street parking. Located just minutes from the train station and light rail, commuting to NYC and surrounding areas is quick and easy, making it highly attractive for tenants. Whether you're looking to offset your monthly expenses or build long-term wealth, this property offers strong income potential and a favorable cap rate. Newark's continued growth and rental demand make this an excellent opportunity to own while investing in your future. Don't miss your chance to secure a multi-family home that works for you! Property is being sold "AS IS."
Getting Around
Schools
Construction
Condition
- Year built: 1900
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas,Refrigerator,Washer/Dryer Stacked,Stackable Washer/Dryer,Gas Water Heater
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Yes,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Bedrooms,Kitchen,Living Room
- Flooring: Wood
Heating & Cooling
- Heating features: 3 Units,Natural Gas
- Cooling features: 1 Unit
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1614019110001000250001
- Zoning description: Residential
- Exclusions: Washer and Dryer on 1st. floor.
Features
- Levels: 3-Three Story
- Stories: 3
- Patio & porch: Open Porch(es)
- Fencing: Metal Fence
Lot
- Lot size: 3,920 sqft
- Features: Level
- Lot size dimensions: 37.50 x 100
Parking
- Total spaces: 2
- Parking features: 1 Car Width,Detached Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Uncovered spaces: 2
