48 Cedar Ave, Newark City, NJ 07106

• 8 beds |
• 3 baths

Property Description

48 Cedar Ave is a well-maintained 3-family property offering strong rental potential and immediate cash flow. The 1st floor features 3 bedrooms, 1 bath, currently rented at $2,150/month. The 2nd floor unit includes 3 bedrooms, 1 bath, with access to the basement and garage, generating $2,798/month. The 3rd floor offers a 2-bedroom, 1 bath unit, currently vacant, but perfect for an owner-occupant or to lease for additional income (projected at $1,750/month).Ideally located just off South Orange Ave, this property provides convenient access to major highways, public transportation, shopping, and schools. Whether you're an investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this is a fantastic opportunity with great upside potential!

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 8:40PM

Listing Office:

EXODUS REAL ESTATE : 732-737-9013

MLS ID:

4026803

Interior

• Basement: FinishedFull
• A/C: Window A/C(s)
• Heating: 3 UnitsGas-Natural

Exterior

• General: Wood
• Parking: Parking spaces: 1

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: 1 Car Width
• Zoning: 1614-04214-0000-00035-0000-

Utilities

• Utilities: ElectricGas-Natural
• Water: Public Water
• Sewer: Public Sewer