173 3Rd St, Newark City, NJ 07107

• 5 beds |
• 3 baths

Property Description

Newly updated multifamily situated on a spacious 25x114 lot with a generous backyard in the heart of Newark, NJ. Perfect for the savvy investor seeking immediate cash flow or an owner-occupant looking to live in one unit while generating rental income from the other. Unit 1 is vacant and move-in ready, ideal for an owner-occupant or to immediately place a tenant for rental income. Unit 2 is currently tenant occupied, providing cash flow from day one. Strategically located just off Route 280 with seamless access to major highways and NJ Transit for a short commute to NYC. Minutes from Payne Tech High School and close proximity to shopping, dining, and local amenities. Whether you are house hacking, building your portfolio, or seeking turnkey cash flow, this property checks every box. Opportunities like this don't last. Schedule your showing today.

Listing Status:

Active

Data Last Updated:

July 28, 2026 at 9:40PM

Listing Office:

RE/MAX PROFESSIONALS I : 973-450-4000

MLS ID:

4042172

Interior

• Basement: Full
• A/C: See Remarks
• Heating: 2 UnitsGas-Natural

Exterior

• General: Vinyl Siding
• Parking: Parking spaces: 0

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: On-Street Parking
• Zoning: 1614-01911-0000-00050-0000-

Utilities

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