$630,000

267 6th Ave W, Newark City, NJ 07107

  • 7 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
January 10, 2026
Data Last Updated:
February 7, 2026 at 11:40PM
Listing Office:
SIGNATURE REALTY NJ : 973-921-1111
MLS ID:
4004233
  • Basement: FullUnfinished
  • A/C: None
  • Heating: 2 UnitsBaseboard - HotwaterGas-Natural
  • General: Brick
  • Parking: Parking spaces: 0
  • Roofing: Flat
  • County: Essex
  • Driveway: None
  • Zoning: 1614-01929-0000-00030-0000-
  • Utilities: All UndergroundElectricGas-Natural
  • Water: Public Water
  • Sewer: Public Sewer
  • Exclusions: Personal Property

Presented by Veterans United Realty

This listing courtesy of SIGNATURE REALTY NJ

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dr. WIlliam Horton Elementary School

291 N 7th St, Newark, NJ, 07107

Grades KG-8

0.21 miles away

D

Dr. WIlliam Horton Elementary School

291 N 7th St, Newark, NJ, 07107

Grades KG-8

0.21 miles away

B

Barringer High School

90 Parker St, Newark, NJ, 07104

Grades 9-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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