32 Martin Luther King Jr B, Newark City, Essex 07104-4498
- $875,000
- $875,000
Overview
- Residential Income
- 8
- 4
Description
Excellent investment opportunity in Newark’s desirable 07104 area! This 3-family property offers strong income potential and additional living space with a finished bonus basement. Unit 1 features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Units 2 and 3 each offer 3 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. The finished basement includes 2 bedrooms, a living room, and a semi-kitchen setup, providing flexible use options. Property requires TLC and presents an ideal value-add opportunity for investors or owner-occupants looking to renovate and maximize returns. Property may be delivered vacant, allowing the next owner to complete modern updates and achieve market rents. Conveniently located near transportation, shopping, schools, and major highways. Being sold as-is. Buyers responsible for conducting their own due diligence regarding legal use and municipal requirements.
Address
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Address: 32 Martin Luther King Jr B
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City: Newark City
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State/county: Essex
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Zip/Postal Code: 07104-4498
Details
Updated on June 16, 2026 at 8:30 pm-
Property ID HZ4031549
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Price $875,000
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Land Area 0.06 Acres
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Bedrooms 8
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Rooms 20
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Bathrooms 4
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Year Built 1882
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Property Type Residential Income
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Property Status Active
Additional details
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Roof See Remarks
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Utilities Gas-Natural, See Remarks
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Sewer Public Sewer
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Cooling Window A/C(s)
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Heating 3 Units
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County Essex
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Property Type Residential Income
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Architectural Style 3-Three Story, See Remarks
Mortgage Calculator
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