Listing Details

83 Jay St,Newark City, NJ 07103-3241

  • September 29, 2026

Description

INVESTOR ALERT! Well-maintained and recently updated 6-unit multifamily property offering an attractive unit mix and income-producing potential. The property features 2 1BR/1bath units and 4 2BR/1bath units, providing a desirable mix for a variety of tenants. Each unit has two means of egress, adding functionality and convenience. The property also includes three detached garage spaces, offering valuable off-street parking and additional storage potential. Recent updates make this an excellent opportunity for investors seeking a multifamily asset with multiple income-producing units. Conveniently located near transportation, shopping, schools, and major roadways.

Details

Last Updated On: September 29th, 2026 at 4:42 pm
Property ID:PT-55501893-AXZR
Offer Type:For Sale
Property Type:Apartment Complex
Price: 1,149,000 $
Year Built:9999

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 30X100
Lot Description: Corner
Property Type: Apartment Complex
Lot Identifier: 8

Home Details

Location: Residential Area
Acreage: 0.07
Sale Includes: Building & Land
Exterior Description: Vinyl Siding
Roof Description: Flat
Number of Stories: 3
Number of Units: 6
Number of Lavatories: 6
Parking Desc: 1 Car Width
Easement/Desc: Unknown
Basmnt/Desc: Yes - Unfinished
YB/Desc: 9999 - Unknown
Block Identifier: 2841
County Number: 16
Town Number: 1614
Possession: TBD

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: Income & Expenses
Ownership: Fee Simple
Tax ID For Property: 1614-02841-0000-00008-0000-
Tax Amount: $10,077.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2025
Land Assessment: $100,000.00
Building Assessment: $165,000.00
Total Assessment: $265,000.00

Utilities

Equipment Available: Smoke Detector
Heat Source: Gas-Natural
Heat System: 2 Units, Baseboard - Electric
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Services: Cable TV, Fiber Optic

Other

Zoning: .

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