Newark City, NJ 07107,267 6th Ave W
Newark City, NJ 07107,267 6th Ave W
Newark City, NJ 07107,267 6th Ave W
Newark City, NJ 07107,267 6th Ave W
Newark City, NJ 07107,267 6th Ave W
Newark City, NJ 07107,267 6th Ave W
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Melissa Young

Melissa Young

+1(267) 259-2432
$ 630,000
Est. payment | /mo

7 Beds

3.5 Baths

2,850 SqFt

Save
$ 630,000
Est. payment | /mo
Save

7 Beds

3.5 Baths

2,850 SqFt

Open House

Sat Jan 31, 1:00pm - 3:00pm

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,850 sqft

Price per Sqft $221

MLS Listing ID 4004233

Style 3-Three Story

Bedrooms 7

Full Baths 3

Half Baths 1

Annual Tax Amount $10,576

Tax Year 2024

Lot Size 2,613 Sqft

Property Description

Strong Income-Producing Opportunity with Monthly Cash Flow Potential. Don't miss this solid brick two-family property featuring updated heating, plumbing, and electrical systems. The first-floor unit offers a modernized kitchen and bath, while the expansive second-floor duplex includes five generously sized bedrooms and two full bathrooms. In total, the property features 8 bedrooms and 3 full baths, plus a high-ceiling basement offering flexible future possibilities. Based on current market data, the second-floor unit has an estimated market rent of approximately $4,400 per month, while the first-floor unit is estimated to rent for approximately $2,000 per month once vacated. Finished basements in the area may rent for approximately $2,050 per month; any potential income is subject to buyer obtaining all required approvals and completing due diligence. Current rental income for the property is approximately $6,100 per month, with a TOTAL ESTIMATED MONTHLY GROSS RENTAL INCOME up to $8,700 when fully rented at market rates. Ideally located near public transportation, shopping, and major thoroughfares, this property presents an excellent opportunity for both investors and owner-occupiers. Property can be delivered fully vacant.

Location

State NJ

County Essex

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Brick

Parking Features None, On-Street Parking

Utilities Available All Underground, Electric, Gas-Natural

Roof Type Flat

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by SIGNATURE REALTY NJ

GET MORE INFORMATION

Melissa Young
Melissa Young

Agent | License ID: 0787303

+1(267) 259-2432

129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States

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267 6th Ave W