For Multi Family

92 Cedar Ave,Newark City, NJ 07106-1355

February 27, 2026

Charming three-family home offering total of 7 bedrooms and 3 bathrooms. House needs work but still offers a solid investment potential. This property features three spacious units spread across three levels, each with comfortable layouts and abundant natural light. The exterior boasts low-maintenance vinyl siding, a welcoming front entry with steps and railing. Each unit offers bright living spaces, generously sized bedrooms, and functional kitchens and baths. It has ample windows throughout create an airy feel. The property includes a basement for additional storage potential and separate utilities. Conveniently located near public transportation, shops, restaurants, and major highways, this multi-family home is ideal for investors or owner-occupants seeking rental income. Don’t miss this opportunity to own a versatile income-producing property in a desirable neighborhood! Schedule showing and send offer asap!

Property ID:PT-30003516-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 599,000 $

Bedrooms:7

Year Built:1930

Listing Details

Status: Active

Location

County: Essex

Lotsize: 40X100

Lot Identifier: 12

Home Details

Open Parking: 2

Basement: Yes

Basmnt/Desc: Yes - Unfinished

Acreage: 0.09

Total Baths: 3.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 19

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: At Closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator

Unit 1 Levels: 1

Unit 1 Rooms: 7

Unit 1 Beds: 3

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: 999

Unit 1 Rent: 999

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

Unit 1 Security Deposit: 999

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator

Unit 2 Levels: 1

Unit 2 Rooms: 7

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: 999

Unit 2 Rent: 999

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

Unit 2 Security Deposit: 999

Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator

Unit 3 Levels: 1

Unit 3 Rooms: 5

Unit 3 Beds: 1

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: 999

Unit 3 Rent: 1300

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

Unit 3 Security Deposit: 999

Garage Description: Detached Garage

Number of Garage Spaces: 1

Block Identifier: 4214

County Number: 16

Town Number: 1614

YB/Desc: 1930 - Approximate

Easement: Unknown

Parking/Driveway Description: 1 Car Width, Driveway-Exclusive

Block Identifier: 4214

County Number: 16

Town Number: 1614

Possession: At Closing

Taxes, Fees & Assessments

Gross Operating Income: 999

Net Operating Income: 999

Tax ID For Property: 1614-04214-0000-00012-0000-

Tax Amount: $7,106.00

Tax Year: 2025

Tax Rate: 3.999%

Tax Rate Year: 2025

Land Assessment: $13,100.00

Building Assessment: $164,600.00

Total Assessment: $177,700.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: Forced Hot Air

Cool System: None

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground

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Listing Details

92 Cedar Ave,Newark City, NJ 07106-1355

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Details