$875,000

32 Martin Luther King Jr B, Newark City, NJ 07104

  • 8 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1882
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Excellent investment opportunity in Newark's desirable 07104 area! This 3-family property offers strong income potential and additional living space with a finished bonus basement. Unit 1 features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Units 2 and 3 each offer 3 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. The finished basement includes 2 bedrooms, a living room, and a semi-kitchen setup, providing flexible use options. Property requires TLC and presents an ideal value-add opportunity for investors or owner-occupants looking to renovate and maximize returns. Property may be delivered vacant, allowing the next owner to complete modern updates and achieve market rents. Conveniently located near transportation, shopping, schools, and major highways. Being sold as-is. Buyers responsible for conducting their own due diligence regarding legal use and municipal requirements.

Listing Status:
Active
Data Last Updated:
June 17, 2026 at 3:43PM
Listing Office:
XENTRY PROPERTY GROUP LLC : 201-730-2000
MLS ID:
4031549
  • Basement: FinishedFull
  • A/C: Window A/C(s)
  • Heating: 3 UnitsGas-Natural
  • General: Aluminum Siding
  • Parking: Parking spaces: 0
  • Roofing: See Remarks
  • County: Essex
  • Driveway: None
  • Zoning: 1614-00483-0000-00077-0000-
  • Utilities: Gas-NaturalSee Remarks
  • Water: Public Water
  • Sewer: Public Sewer
  • Exclusions: Owners personal property

This listing courtesy of XENTRY PROPERTY GROUP LLC

Monthly Payment

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

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Location

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