For Multi Family

239 S 8th St,Newark City, NJ 07103-3681

October 26, 2025

Investor’s Dream! Rare opportunity to own a fully occupied 3-unit brick triplex generating steady cash flow from day one. Each unit offers spacious layouts Unit 1 with 2 bedrooms, Units 2 & 3 with 3 bedrooms each, all featuring full baths. Located near major highways, schools, and downtown Newark, this prime area continues to grow fast, high rental demand, low vacancy! Secure instant income and long-term appreciation in one of Newark’s most promising investment zones. Don’t miss out properties like this move fast! *Photos were taken prior tenants moving in*

Property ID:PT-6860451-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 680,000 $

Bedrooms:8

Year Built:1877

Listing Details

Status: Active

Location

County: Essex

Lotsize: 19X90

Lot Identifier: 7

Lot Description: Level Lot

Lot Identifier: 7

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Finished

Acreage: 0.04

Total Baths: 4.00

Unit Style: 3-Three Story, Triplex

Number of Units: 3

Rooms: 14

Easement/Desc: Unknown

Exterior Description: Brick

Roof Description: Flat

Possesion: At Closing

Unit 1 Appliances/Equipment: Range/Oven - Gas

Unit 1 Levels: 1

Unit 1 Rooms: 4

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 900

Unit 1 Rent: 1500

Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom

Unit 1 Security Deposit: 9999

Unit 2 Appliances/Equipment: Range/Oven - Gas

Unit 2 Levels: 2

Unit 2 Rooms: 5

Unit 2 Beds: 3

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 900

Unit 2 Rent: 1700

Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom

Unit 2 Security Deposit: 9999

Unit 3 Appliances/Equipment: Range/Oven - Gas

Unit 3 Levels: 3

Unit 3 Rooms: 5

Unit 3 Beds: 3

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 SqFt: 900

Unit 3 Rent: 1450

Unit 3 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom

Unit 3 Security Deposit: 9999

Block Identifier: 1781

County Number: 16

Town Number: 1614

YB/Desc: 1877 - Approximate

Easement: Unknown

Parking/Driveway Description: On-Street Parking

Block Identifier: 1781

County Number: 16

Town Number: 1614

Possession: At Closing

Taxes, Fees & Assessments

Gross Operating Income: 9999

Net Operating Income: 9999

Tax ID For Property: 1614-01781-0000-00007-0000-

Tax Amount: $5,677.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2024

Land Assessment: $23,500.00

Building Assessment: $125,800.00

Total Assessment: $149,300.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: Forced Hot Air

Water: Public Water

Sewer: Public Sewer

Utilities: Electric

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Listing Details

239 S 8th St,Newark City, NJ 07103-3681

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