661 South 18th Street,Newark City, NJ 07103
Newark City, NJ 07103
Description
Mixed-use investment opportunity featuring a well-located property comprised of four residential units and a ground-floor commercial space. The commercial unit is currently occupied by a convenience store, providing steady income, while one of the four residential apartments is leased with additional upside through lease-up of the remaining units. The property also includes a detached garage and private driveway, offering valuable off-street parking for tenants or additional rental potential. Ideal for investors seeking a value-add opportunity with existing income and strong future cash flow potential. Lease income details available upon request. Property is being sold in strictly "as-is, where-is condition. Buyer is responsible for independently verifying all information, including but not limited to the number of bedrooms, square footage, legal use of the property, zoning, and any applicable permits or approvals. Seller makes no representations or warranties as to the accuracy of any property details.
Details
| MLS # | 4019032 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract Cont. To Show |
| Year | 0 |
| Days On Site | 195 |
| Listing Provided By | SJI JACKSON REAL ESTATE | JOSEPH MULLICA |
Features
| Garage | 2 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 5 |
| Zoning | 4C |
Taxes
| Property | 19003 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07103 |
| Area | Essex |
| Listing VS Median (in 07103) | |
Price: $899,900 low | high Med: $2,400 On site: 195 low | high Med: 87 | |
Market Activity 07103
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Learn More About This Property
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07103 |
| Area | Essex |
| Listing VS Median (in 07103) | |
Price: $899,900 low | high Med: $2,400 On site: 195 low | high Med: 87 | |
