65 Stone St , Newark City, Essex 07104-3768
- $499,000
- $499,000
Overview
- Residential Income
- 7
- 2
Description
Turnkey 2-Unit Cash-Flowing Investment Newark, NJ Fully occupied multi-family generating immediate income from day one or move into one unit and let the rental income from the other dramatically offset your housing costs. Either way, this property is ready to perform.Unit Mix:First Floor 3 Bed / 1 Bath with Long-term tenants in placeSecond Floor 4 Bed / 1 Bath Long Term Tenants In PlaceBoth units benefit from a blend of housing-assisted and market tenants, providing a diversified income stream with reliable, on-time rent collection. Tenants pay their own electric and gas owner responsibility is limited to water/sewer only.Recent Capital Improvements Already Done:New roof New Separate HVAC system New sewer lineThis is a low-turnover, professionally managed asset with a proven rental history. Whether you’re building a portfolio or looking for a stable first investment, this property is structured to perform from closing day forward. Investor-friendly in every sense. Very easy to show.Selling as-is, fully occupied. Rent roll and financials available to qualified buyers upon request.
Address
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Address: 65 Stone St
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City: Newark City
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State/county: Essex
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Zip/Postal Code: 07104-3768
Details
Updated on April 22, 2026 at 4:06 pm-
Property ID HZ4020475
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Price $499,000
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Land Area 0.06 Acres
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Bedrooms 7
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Rooms 11
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Bathrooms 2
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Garage Size x x
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Year Built 2021
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Property Type Residential Income
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Property Status Active
Additional details
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Roof Asphalt Shingle, Flat
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Utilities See Remarks
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Sewer Public Sewer
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Cooling Central Air
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Heating Forced Hot Air
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County Essex
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Property Type Residential Income
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Architectural Style 2-Two Story
Mortgage Calculator
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