Mixed-use investment opportunity featuring a well-located property comprised of four residential units and a ground-floor commercial space. The commercial unit is currently occupied by a convenience store, providing steady income, while one of the four residential apartments is leased with additional upside through lease-up of the remaining units.The property also includes a detached garage and private driveway, offering valuable off-street parking for tenants or additional rental potential. Ideal for investors seeking a value-add opportunity with existing income and strong future cash flow potential. Lease income details available upon request. The buyer will be responsible for verifying the bed count for the residential apartment units with the city.
661 South 18th Street, Newark City NJ 07103-1182
Property City
Newark City
Property Price
$999,900
Year Built
0
Tax Annual Amount
$19003
TaxYear (*text)
2025
Roof (*text)
Flat, See Remarks
MLS Status
Active
MLS #
4019032
Yearly Tax Rate
3.999
Year Built (*numeric)
0
Basement
Yes
Roofing (*text)
Flat, See Remarks
Days On Market
23
Basement (*text)
Yes
Cooling (*text)
No Cool, Window A/C(s)
GarageSpaces
2
Heating
Baseboard - Hotwater
Lot Size Dimensions
5001
Data import from
GSMLS