13 May St, Newark City, NJ 07104

• 10 beds |
• 5 baths

Property Description

Rare investment opportunity in North Newark offering a 7% cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.

Listing Status:

Active

Data Last Updated:

May 10, 2026 at 12:40PM

Listing Office:

ROBERT DEFALCO REALTY LLC : 732-845-3200

MLS ID:

4018225

Interior

• Basement: Finished-Partially
• A/C: Window A/C(s)
• Heating: 2 UnitsRadiators - SteamGas-Natural

Exterior

• General: Vinyl Siding
• Parking: Parking spaces: 10

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: Additional ParkingBlacktopDriveway-ExclusiveFencingOff-Street ParkingOn-Street Parking
• Zoning: 1614-00621-0000-00026-0000-

Utilities

• Utilities: All Underground
• Water: Public Water
• Sewer: Public Sewer