NJ > Newark City
Newark City, NJ 07107,372 6Th Ave
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Patric Santo Pietro

Patric Santo Pietro

+1(732) 570-5442
$ 999,999
Est. payment /mo
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372 6Th Ave Newark City, NJ 07107

999 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Condo

Listing Status Active

Purchase Type For Sale

Square Footage 999 sqft

Price per Sqft $1,001

MLS Listing ID 3970956

Year Built 1900

Annual Tax Amount $16,162

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

This prime six-unit opportunity has a 6.5% Cap Rate located in a high growth development zone. A true turn-key investment with lots of room for upsize with 50% of the units being leased below market values. Don't miss the chance to invest in a strategic asset within one of the city's most promising growth markets and has a strong rental history. Each unit features spacious layouts, modern amenities and strong tenant demand; ideal for both seasoned and new investors looking to grow their real estate portfolio.

Location

State NJ

County Essex

Zoning Com

Rooms

Basement Full

Interior

Heating Electric, Gas-Natural

Cooling Window A/C(s)

Equipment Appliances, Exhaust System, Fire Alarm, See Remarks

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available All Underground, Electric, Gas In Street

Roof Type Asphalt Shingle, Flat

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COMPASS NEW JERSEY, LLC
agent

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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372 6Th Ave

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