232 2nd St, Newark City, NJ 07107

• 9 beds |
• 3 baths

Property Description

This spacious 3-family property in Newark offers a rare opportunity for both comfortable living and smart investing. Featuring a total of 9 bedrooms and 3 bathrooms, each unit provides generous layouts ideal for owner-occupants seeking space while generating rental income. The property includes a hard-to-find industrial-style 2-car garage perfect for personal use, storage, or additional income along with a 2-car driveway, giving you and your tenants the convenience of off-street parking. Located just minutes from the train station and light rail, commuting to NYC and surrounding areas is quick and easy, making it highly attractive for tenants. Whether you're looking to offset your monthly expenses or build long-term wealth, this property offers strong income potential and a favorable cap rate. Newark's continued growth and rental demand make this an excellent opportunity to own while investing in your future. Don't miss your chance to secure a multi-family home that works for you! Property is being sold "AS IS."

Listing Status:

Active

Data Last Updated:

May 10, 2026 at 6:40AM

Listing Office:

VILLAGE SQUARE REALTORS : 973-509-2222

MLS ID:

4023520

Interior

• General: Carbon Monoxide DetectorSmoke DetectorWood Floors
• Basement: Unfinished
• A/C: 1 Unit
• Heating: 3 UnitsGas-Natural

Exterior

• General: Vinyl SidingMetal FenceOpen Porch(es)
• Parking: Parking spaces: 2

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: 1 Car Width
• Zoning: Residential1614-01911-0001-00025-0001-

Utilities

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

Financial

• Exclusions: Washer and Dryer on 1st. floor.