Newly updated multifamily situated on a spacious 25x114 lot with a generous backyard in the heart of Newark, NJ. Perfect for the savvy investor seeking immediate cash flow or an owner-occupant looking to live in one unit while generating rental income from the other. Unit 1 is vacant and move-in ready, ideal for an owner-occupant or to immediately place a tenant for rental income. Unit 2 is currently tenant occupied, providing cash flow from day one. Strategically located just off Route 280 with seamless access to major highways and NJ Transit for a short commute to NYC. Minutes from Payne Tech High School and close proximity to shopping, dining, and local amenities. Whether you are house hacking, building your portfolio, or seeking turnkey cash flow, this property checks every box. Opportunities like this don't last. Schedule your showing today.
173 3Rd St, Newark City NJ 07107-2208
Property City
Newark City
Property Price
$550,000
Bedrooms
5
Year Built
1910
Tax Annual Amount
$7538
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.07
MLS Status
Active
MLS #
4042172
Yearly Tax Rate
3.999
Year Built (*numeric)
1910
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
See Remarks
GarageSpaces
0
Heating
2 Units
Lot Size Dimensions
25X114.8
Data import from
GSMLS