13-15 May St, Newark, NJ 07104

Local realty services provided by:ERA Suburb Realty Agency
13-15 May St,Newark City, NJ 07104
$898,000
  • 10 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: francis shearon
Office: robert defalco realty llc.732-845-3200
MLS#:4018225
Source:NJ_GSMLS

Price summary

  • Price:$898,000

About this home

Rare investment opportunity in North Newark offering a 7% cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.

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Home facts

  • Year built:1899
  • Listing ID #:4018225
  • Added:45 day(s) ago
  • Updated:May 22, 2026 at 02:15 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:17
  • Basement Description:Basement, Finished-Partially

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:2 Units, Radiators - Steam

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1899
  • Lot area:0.12 Acres
  • Architectural Style:3-Three Story
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$898,000
  • Tax amount:$10,901 (2025)

Features and amenities

  • Amenities:All Utilities Underground

Parking

  • Parking description:Additional Parking, Blacktop Driveway, Driveway-Exclusive, Off-Street Parking, On-Street Parking
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