51 Myrtle Ave Unit 3, Newark City, Essex 07107-2124
  • $775,000

Overview

Property ID: HZ4033689
  • Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 3
  • Bathrooms

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.

  • Address: 51 Myrtle Ave
  • City: Newark City
  • State/county: Essex
  • Zip/Postal Code: 07107-2124
  • Area: Lower Roseville

Details

Updated on June 10, 2026 at 5:37 pm
  • Property ID HZ4033689
  • Price $775,000
  • Land Area 0.05 Acres
  • Bedrooms 8
  • Rooms 14
  • Bathrooms 3
  • Year Built 1952
  • Property Type Residential Income
  • Property Status Active

Additional details

  • Roof Flat
  • Utilities See Remarks
  • Sewer Public Sewer
  • Cooling None
  • Heating Forced Hot Air
  • County Essex
  • Property Type Residential Income
  • Architectural Style 3-Three Story

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Jill Skibinsky

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