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$ 775,000
Est. payment /mo
Under Contract
51 Myrtle Ave Newark City, NJ 07107
8 Beds
3 Baths
2,178 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
Subdivision Lower Roseville
MLS Listing ID 4033689
Style 3-Three Story
Bedrooms 8
Full Baths 3
Year Built 1952
Annual Tax Amount $13,456
Tax Year 2025
Lot Size 2,178 Sqft
Property Description
Discover a rare, investment opportunity that blends modern updates with consistent cash flow. This renovated three-family home offers a "set it and forget it" appeal for seasoned investors or an ideal situation for a savvy house-hacker looking to offset their mortgage. Benefit from peace of mind with significant renovations completed within the last few years. The heavy lifting has been done for you. The property is currently occupied with reliable tenants. While the property provides steady income, two units are currently on month-to-month leases, offering the new owner maximum flexibility for market-rent adjustments or owner-occupancy.Situated in a vibrant Newark neighborhood, the home is conveniently located near public transportation, local shopping, and essential services. This is urban living at its most practical, catering to a high-demand rental market.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Interior Features Carbon Monoxide Detector
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Brick
Parking Features None, On-Street Parking
Utilities Available See Remarks
Roof Type Flat
Building
Lot Description Irregular Lot
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by PROMINENT PROPERTIES SIR
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