$749,999

56 Vanderpool St, Newark City, NJ 07114

11 beds |
4 baths

Multi-Family Home
Built in 1950
2,614sqft lot
—— car garage
$——/sqft
Listed 9 days ago

Property Description

Excellent opportunity to own a well-located 3-family property just minutes from Downtown Newark. The building features three spacious apartments, each offering 3 bedrooms with strong layouts and solid tenant appeal. Currently generating approximately $7,000/month in rental income, this property provides immediate cash flow with significant upside potential through rent optimization or light value-add improvements. Ideal for investors seeking stable passive income in a high-demand rental market with close proximity to transportation, employment hubs, and city amenities.

Listing Status:: Active
Data Last Updated:: February 7, 2026 at 3:42AM
Listing Office:: KELLER WILLIAMS PARK VIEWS : 201-939-0050
MLS ID:: 4007330

Basement: FullUnfinished
A/C: Window A/C(s)
Heating: Baseboard - ElectricGas-Natural

General: StoneVinyl Siding
Parking: Parking spaces: 0

Roofing: Asphalt Shingle

County: Essex

Driveway: None
Zoning: 1614-02791-0000-00030-0000-

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

Presented by Veterans United Realty

This listing courtesy of KELLER WILLIAMS PARK VIEWS

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Miller Street Elementary School

, Newark, NJ, 07114

Grades PK-8

0.18 miles away

Miller Street Elementary School

, Newark, NJ, 07114

Grades PK-8

0.18 miles away

Malcom X Shabazz High School

80 Johnson Ave, Newark, NJ, 07108

Grades 9-12

0.32 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.