$499,000

65 Stone St, Newark City, NJ 07104

  • 7 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2021
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

Turnkey 2-Unit Cash-Flowing Investment Newark, NJ Fully occupied multi-family generating immediate income from day one or move into one unit and let the rental income from the other dramatically offset your housing costs. Either way, this property is ready to perform.Unit Mix:First Floor 3 Bed / 1 Bath with Long-term tenants in placeSecond Floor 4 Bed / 1 Bath Long Term Tenants In PlaceBoth units benefit from a blend of housing-assisted and market tenants, providing a diversified income stream with reliable, on-time rent collection. Tenants pay their own electric and gas owner responsibility is limited to water/sewer only.Recent Capital Improvements Already Done:New roof New Separate HVAC system New sewer lineThis is a low-turnover, professionally managed asset with a proven rental history. Whether you're building a portfolio or looking for a stable first investment, this property is structured to perform from closing day forward. Investor-friendly in every sense. Very easy to show.Selling as-is, fully occupied. Rent roll and financials available to qualified buyers upon request.

Listing Status:
Active
Data Last Updated:
May 10, 2026 at 6:40AM
Listing Office:
KELLER WILLIAMS CITY VIEWS REALTY : 201-592-8900
MLS ID:
4020475
  • General: Carbon Monoxide DetectorFire ExtinguisherSmoke Detector
  • Basement: FullUnfinished
  • A/C: Central Air
  • Heating: Forced Hot AirGas-Natural
  • General: BrickVinyl SidingSee Remarks
  • Parking: Parking spaces: 0
  • Roofing: Asphalt ShingleFlat
  • County: Essex
  • Driveway: On-Street Parking
  • Zoning: 1614-00485-0000-00006-0000-
  • Utilities: See Remarks
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of KELLER WILLIAMS CITY VIEWS REALTY

Monthly Payment

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

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Location

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