13-15 May St, Newark City, NJ 07104
13-15 May St, Newark City, NJ 07104
13-15 May St, Newark City, NJ 07104
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Sharon Burroughs-Clarke

Sharon Burroughs-Clarke

+1(917) 940-2118
$850,000
Est. payment /mo
10 Beds
7 Baths
3,420 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,420 sqft

Price per Sqft $248

MLS Listing ID 4033681

Style 3-Three Story

Bedrooms 10

Full Baths 7

Year Built 1899

Annual Tax Amount $10,901

Tax Year 2025

Lot Size 5,227 Sqft

Property Description

Rare investment opportunity in North Newark offering offering an attractive 7%+ cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.

Location

State NJ

County Essex

Rooms

Basement Finished-Partially

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage

Garage Spaces 4.0

Utilities Available All Underground

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by EXP REALTY, LLC

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Sharon Burroughs-Clarke

Sharon Burroughs-Clarke

+1(917) 940-2118

Broker Associate | License ID: 1752455

Broker Associate License ID: 1752455

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