51 Myrtle Ave 3, Newark City, NJ 07107

• 8 beds |
• 3 baths

Property Description

Discover a rare, investment opportunity that blends modern updates with consistent cash flow. This renovated three-family home offers a "set it and forget it" appeal for seasoned investors or an ideal situation for a savvy house-hacker looking to offset their mortgage. Benefit from peace of mind with significant renovations completed within the last few years. The heavy lifting has been done for you. The property is currently occupied with reliable tenants. While the property provides steady income, two units are currently on month-to-month leases, offering the new owner maximum flexibility for market-rent adjustments or owner-occupancy.Situated in a vibrant Newark neighborhood, the home is conveniently located near public transportation, local shopping, and essential services. This is urban living at its most practical, catering to a high-demand rental market.

Listing Status:

Active

Data Last Updated:

June 17, 2026 at 6:41AM

Listing Office:

PROMINENT PROPERTIES SIR : 973-783-6900

MLS ID:

4033689

Interior

• General: Carbon Monoxide Detector
• Basement: Unfinished
• A/C: None
• Heating: Forced Hot AirGas-Natural

Exterior

• General: BrickCurbs
• Parking: Parking spaces: 0

Construction

• Roofing: Flat

Location

• County: Essex

Lot

• Driveway: NoneOn-Street Parking
• Zoning: 1614-01890-0003-00060-0000-

Utilities

• Utilities: See Remarks
• Water: Public Water
• Sewer: Public Sewer