204 Parkhurst St, Newark City, NJ 07114

$1,140,000

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List Price
$1,140,000
Price Change
▼ $55,000 1788990448
MLS#
4023770
Dom
135
Year Built
1970
Status
ACTIVE
County
Essex
City
Newark City
Subdivision
Ironbound
Acres
0.06

Property Description

Five-family investment property located in the Ironbound. The building features a well-balanced unit mix of two 1-bedroom units, two 2-bedroom units, and one 3-bedroom unit, providing strong rental demand and income stability. Ideal for investors seeking a steady, income-producing asset with diversified residential cash flow. Property offers long-term upside potential with the ability to increase rents over time. Conveniently located near major highways, public transportation, schools, and local amenities. Situated in a growing area of Newark with ongoing redevelopment.

Additional Information

Taxes
$12,936
Cooling
Window A/C(s)
Exterior
Brick/Block
Heating
4+ Units, Baseboard - Hotwater
Roof
Flat
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Level Lot

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Listing Courtesy Of EXIT REALTY LUCKY ASSOCIATES, Contact: 973-817-7700

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