13-15 May St, Newark City, NJ 07104
13-15 May St, Newark City, NJ 07104
13-15 May St, Newark City, NJ 07104
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Niraj Parikh

Niraj Parikh

+1(848) 565-5006
$850,000
Est. payment /mo
10 Beds
7 Baths
3,420 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,420 sqft

Price per Sqft $248

MLS Listing ID 4033681

Style 3-Three Story

Bedrooms 10

Full Baths 7

Year Built 1899

Annual Tax Amount $10,901

Tax Year 2025

Lot Size 5,227 Sqft

Property 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.

Location

State NJ

County Essex

Rooms

Basement Finished-Partially

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage

Garage Spaces 4.0

Utilities Available All Underground

Roof Type Asphalt Shingle

Garage Yes

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 EXP REALTY, LLC

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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