13-15 May St, Newark City, Essex 07104-3012
  • $850,000

Overview

Property ID: HZ4033681
  • Residential Income
  • Property Type
  • 10
  • Bedrooms
  • 7
  • Bathrooms
  • 4
  • Garages

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.

  • Address: 13-15 May St
  • City: Newark City
  • State/county: Essex
  • Zip/Postal Code: 07104-3012

Details

Updated on June 20, 2026 at 11:04 am
  • Property ID HZ4033681
  • Price $850,000
  • Land Area 0.12 Acres
  • Bedrooms 10
  • Rooms 17
  • Bathrooms 7
  • Garages 4
  • Year Built 1899
  • Property Type Residential Income
  • Property Status Active

Additional details

  • Roof Asphalt Shingle
  • Utilities All Underground
  • Sewer Public Sewer
  • Cooling Window A/C(s)
  • Heating 2 Units, Radiators - Steam
  • County Essex
  • Property Type Residential Income
  • Architectural Style 3-Three Story

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Jill Skibinsky

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