48 Cedar Ave, Newark City, NJ 07106
48 Cedar Ave, Newark City, NJ 07106
48 Cedar Ave, Newark City, NJ 07106
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Niraj Parikh

Niraj Parikh

+1(848) 565-5006
$749,999
Est. payment /mo
8 Beds
3.5 Baths
3,920 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4026803

Style 3-Three Story

Bedrooms 8

Full Baths 3

Half Baths 1

Year Built 1930

Annual Tax Amount $10,793

Tax Year 2025

Lot Size 3,920 Sqft

Property Description

48 Cedar Ave is a well-maintained 3-family property offering strong rental potential and immediate cash flow. The 1st floor features 3 bedrooms, 1 bath, currently rented at $2,150/month. The 2nd floor unit includes 3 bedrooms, 1 bath, with access to the basement and garage, generating $2,798/month. The 3rd floor offers a 2-bedroom, 1 bath unit, currently vacant, but perfect for an owner-occupant or to lease for additional income (projected at $1,750/month).Ideally located just off South Orange Ave, this property provides convenient access to major highways, public transportation, shopping, and schools. Whether you're an investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this is a fantastic opportunity with great upside potential!

Location

State NJ

County Essex

Rooms

Basement Finished, Full

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Wood

Parking Features Detached Garage

Garage Spaces 1.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by EXODUS REAL ESTATE

NEARBY SCHOOLS & PROPERTIES

Niraj Parikh

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(848) 565-5006

parikhrealty@gmail.com

New Jersey, United States

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